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

April 13, 2026

Bonafide Quarterly-Update Q1 2026

Q1 2026 highlights the resilience of focused exposure to the Fish & Seafood sector. The Bonafide Global Fish Fund delivered +3.69% (EUR), significantly outperforming both global equities and the broader food sector. Performance was driven by strong fundamentals, attractive valuations and structural growth across the value chain, reinforcing the long-term investment case for the Blue Revolution.

January 20, 2026

Bonafide Quarterly-Update Q4 2025

The Global Fish Fund delivered a positive performance (+2.39% in EUR) in the fourth quarter of 2025, despite a challenging market environment – reaffirming the resilience of the global Fish & Seafood sector as a sustainable protein solution. With an attractive valuation, solid dividend base, and structural growth potential, the fund offers investors a compelling diversification opportunity for 2026 and beyond. Read more about how even modest capital inflows have led to a significant revaluation among Chilean salmon names.

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