Bonafide Quarterly Webinar Q3 2022

The Bonafide Global Fish Fund maintained its satellite character in July and August. At the end of September, the Norwegian government shocked the domestic salmon industry by announcing a 40% resource tax. The market reacted strongly. The endurance for patient investors is once again being strained. However, the risk of further price losses with Norwegian stocks has been reduced to a minimum and the underlying trends remain.

Quarterly update September 2022

Slide desk quarterly webinar September 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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