Eschler Recovery Fund 2018 Annual Letter To Shareholders

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Includes: AEM, ATBYF, ATUSF, BH, BKCYF, BVN, CBRL, DELRF, DLUEY, DNOW, GDWWF, SAND, UUUU
by: Theron de Ris
Summary

Eschler Asset Management is a London-based independent investment manager that invests in out-of-favor companies with strong recovery potential.

Long-biased long-short equity strategy focused primarily on niche resource related industries entering cyclical recovery.

Eschler Recovery Fund fell 10.7% net of fees and expenses in 2018. Over the past 3 years this is still well ahead of U.S. equity total return and hedge fund benchmarks.