Bonafide quarterly webinar Q3 2021

Patience pays off

Despite two negative quarters in a row, the long-term upward trend of the Bonafide Global Fish Fund remains intact. Since the record high in March 2021, the consolidation phase has cost us a little more than 5% performance. Nonetheless, we remain very optimistic as it is only a matter of time (patience) before some of our “small fish” in the portfolio develop into powerful predatory fish. Rarely in our 10-year history have we seen such attractive entry opportunities.

Quote of the Day:

«When stocks go down and you can get more for your money, people don’t like them anymore.»
-Warren Buffet

Find out more in the video.

Quarterly update September 2021

Slide deck quarterly webinar Q3 2021

Previous webinars

July 14, 2025

Bonafide Quarterly-Update Q2 2025

Following a strong start to the year, the Bonafide Global Fish Fund came under pressure in the second quarter. The fund declined by −6.22% (EUR) in Q2 and −1.79% for the first half of the year. This development was primarily driven by geopolitical tensions and currency effects. Our portfolio companies remain operationally resilient. At the same time, attractive valuations, growing salmon exports to Asia, and dynamic investment activity in the aquaculture sector are opening up new opportunities for long-term value creation.

April 10, 2025

Bonafide Quarterly-Update Q1 2025

The Bonafide Global Fish Fund posted a positive performance of +4.72% in EUR over the first quarter of 2025, driven by an exceptionally strong January and a renewed investor focus on defensive real sectors such as Fish & Seafood. The fund confirmed its role as a stable satellite investment in a volatile market environment.

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