Navigation Links
Tarpon Fund Posts Strong Early Results : Innovative Fund From Islamorada Investment Management Gains 18.5% in November
Date:12/10/2008

Islamorada Investment Management (IIM), a fee-only registered investment adviser based in the Florida Keys, announced today that its recently launched Tarpon Fund achieved returns in November of 18.5%.

ISLAMORADA, Fla. (Business Wire EON) December 10, 2008 -- The Tarpon Fund is an innovative alternative to actively managed mutual funds. Unlike most mutual funds, the Tarpon Fund has no conflicts of interest and contains a significant portion of the net worth of its portfolio manager. Using novel technology, the fund's core portfolio is linked to the secure accounts of other Tarpon Fund investors. Trades made in the core portfolio are executed simultaneously across all investor accounts.

Launched in November, the Tarpon Fund is more concentrated, provides better transparency and is significantly less expensive to investors than the vast majority of actively managed mutual funds. Using value investing principles, the fund seeks to maximize long-term appreciation while minimizing the risk of permanent loss.

Cale Smith, portfolio manager of the Tarpon Fund, said, "While we are pleased with the fund's early results, our goal is to outperform over the long-term. We may never see such extraordinary results over a single month period again. That said, value investing strategies have historically led the way out of previous recessions, and we feel the Tarpon Fund is well-positioned for the turn whenever it happens.

"We were fortunate to acquire shares in 16 terrific businesses at a time when fear in the market seemed at its highest. At the end of November the market also realized the largest five-day percentage gain since 1933, though it received limited attention from most media outlets. We believe we are now witnessing one of the best buying opportunities of the next five years. Tarpon Fund investors own some truly impressive companies that despite recent gains are still trading at remarkably low valuations."

The Tarpon Fund does not use margin nor short-sell, and invests only in domestically listed companies. The fund's returns are presented on a pre-tax basis, net of all fees and transaction costs. Past performance is not indicative of future results.

About the Tarpon Fund

The Tarpon Fund is an innovative, investor-friendly alternative to the traditional actively managed mutual fund. The Tarpon Fund is more transparent, takes more concentrated positions and is significantly less expensive than the vast majority of mutual funds. Managed using value investing principles, the portfolio seeks to maximize long-term appreciation while minimizing the risk of permanent loss. Baseline fees start at 0.90% of assets and are adjusted up or down depending on performance. Turnover, taxes and trading are minimized in the fund, and investors can customize their accounts in several key ways, including tax treatment upon sale. Each Tarpon Fund account is also protected by three types of insurance for a maximum of up to $11.5 million.

To receive future updates about the Tarpon Fund via e-mail, visit http://www.islainvest.com or contact 305-522-1333. You can also follow the fund's portfolio manager on Twitter at http://twitter.com/CaleInTheKeys .

About Islamorada Investment Management

Islamorada Investment Management (IIM) is a registered investment adviser based in the Florida Keys. The firm provides equity portfolio management services through the Tarpon Fund and private accounts. As a fee-only firm, IIM does not accept any referral fees or compensation that is contingent upon the purchase or sale of a financial product.

For more information about IIM, or to download a free copy of our report "What Wall Street Still Has Not Told You," visit http://www.islainvest.com.

Read the full story at http://www.prweb.com/releases/tarpon_fund/islamorada_investment/prweb1735504.htm


'/>"/>
Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved

Related medicine news :

1. Hawks Cay Hosts Redbone Sunrise/Sunset Tarpon Tournament
2. Cord Blood America Posts Letter to Shareholders: New Administrations Potential Enhanced Stem Cell Research Initiative Should Benefit the Company and Its Shareholders
3. NaturalNews Posts Audio Interview with Consumer Chemical Expert Debra Lynn Dadd on Bisphenol-A
4. Satyam Posts 28 Percent Year-over-Year Revenue Growth in Second Quarter Despite Slowdown in Key Markets
5. Solos Endoscopy, Inc. Posts First Six Months Financials of 2008 on Pinksheets.com
6. Averting postsurgical infections in kids: Give antibiotics within hour before first incision
7. FinCor Holdings Posts Strong Fourth Quarter and Year-End Results
8. TeamStaff Reports Fourth Quarter and Fiscal 2007 Results; Posts Fourth Quarter Income From Operations
9. Irell & Manella Posts Strong Year for Corporate Transactions
10. FinCor Holdings Posts Double-Digit Increases in Revenue and Net Income for Third Quarter
11. Greater China suppliers set to end tough 2008 with strong buyer activity at Global Sources Private Sourcing Events
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... 2016 , ... TopConsumerReviews.com recently awarded their highest five-star rating to Best Buy ... in the United States and Canada wear eyeglasses. Once considered to be a purely ... make a fashion statement. Even celebrities use glasses as a way of creating an ...
(Date:6/26/2016)... (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind and certified ... be personalized through a fitness app. The fitness app plans to fix the two major ... only offer a one size fits all type program , They don’t eliminate ...
(Date:6/25/2016)... , ... June 25, 2016 , ... "With 30 hand-drawn ... specific project," said Christina Austin - CEO of Pixel Film Studios. , ProHand ... all within Final Cut Pro X . Simply select a ProHand generator and ...
(Date:6/25/2016)... Montreal, Canada (PRWEB) , ... June 25, 2016 , ... ... the pursuit of success. In terms of the latter, setting the bar too high ... low, risk more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary ... Dallas that it will receive two significant new grants to support its work ... marked its 25th anniversary by recognizing patients, medical professionals and scientists for their ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... June 24, 2016 ... announced the addition of the " Global Markets ... This report focuses ... an updated review, including its applications in various applications. ... market, which includes three main industries: pharmaceutical and biotechnology, ...
(Date:6/24/2016)... June 24, 2016 Research and Markets ... for Companion Diagnostic Tests" report to their offering. ... Companion Diagnostics The World Market for Companion ... medicine diagnostics. Market analysis in the report includes the following: ... (In Vitro Diagnostic Kits) by Region (N. America, EU, ROW), ...
(Date:6/23/2016)... , June 23, 2016  MedSource announced today ... its e-clinical software solution of choice.  This latest ... possible value to their clients by offering a ... preferred relationship establishes nowEDC as the EDC platform ... MedSource,s full-service clients.  "nowEDC has long been a ...
Breaking Medicine Technology: