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 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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