Bonafide Quarterly Webinar Q1 2022

Investors in the Bonafide Global Fish Fund have been rewarded for their patience. Cargill's entry into salmon farming in Chile through the acquisition of a 24.5% stake in Multi X has really kick-started the race to provide the most sustainable source of animal protein. Not only were we right in our stock selection (Multi X), but we pointed out months ago that supply growth would remain low for some time, which has already caused salmon prices to rise. After two lean years, we can see light at the end of the tunnel and are confident of “landing a good haul” for the next few years.

Quarterly update March 2022

Slide desk quarterly webinar March 2022

Previous Insights

October 13, 2026

Bonafide Quarterly Update Q3 2026

Stock selection and operational recovery: The Bonafide Global Fish Fund returned +6.34% in EUR in Q3 2026, taking its year-to-date gain to +9.04%. The Quarterly Update examines the recovery in Norwegian salmon producers, recent portfolio decisions and the value potential of AKVA Group. The Deep Dive explores the balance between more affordable salmon and rising feed costs.

July 14, 2026

Bonafide Quarterly-Update Q2 2026

Diversification in concentrated markets: The Bonafide Global Fish Fund remains positive in 2026, supported by structural growth, attractive valuations and low correlation to global equity indices. Our latest quarterly update covers performance, portfolio opportunities and the protein supercycle.

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