The Cooper Creek Partners North America Long/Short Equity UCITS Fund, which launched on Waystone’s MontLake UCITS Platform on 12 November 2018, marked its third UCITS anniversary this month, November 2021.
Since inception to October-end 2021, the fund has produced +23.24 per cent total return, +7.21 per cent annualised return with a low average net exposure and a 0.15 correlation to the MSCI World Index.
The fund’s low net exposure and focus on under-the-radar and unloved stocks within the small and mid-cap space in North America has enabled the fund to successfully navigate the volatile Covid-19 crisis months (up +4 per cent in March 2020), the momentum driven recovery of late 2020 into 2021, as well as the strong equity market of 2019.
Aston says: “We are delighted with our three-year partnership with Cooper Creek Partners and would like to congratulate the team on how their robust and repeatable investment process has been able to deliver alpha on both the long and short side to investors from the less trodden North American SMID cap space.”
