Compounder Fund Owner’s Manual

At Compounder Fund, we want you to have an Owner’s Manual. The Owner’s Manual is designed to tell you exactly what we want to achieve for Compounder Fund. Most importantly, it also spells out how we intend to achieve our goals. We need you to fully understand the what and how of the things we’re trying to accomplish. The success of an investment fund depends on whether the fund manager can form a true partnership, based on mutual understanding, with the fund’s investors. Compounder Fund needs your help to do great things for you.

Compounder Fund Investors’ Letters

• First Investors’ Letter (published 14 July 2020)
• First Portfolio Update (published 5 August 2020)
• 2020 Third-Quarter Investors’ Letter (published 15 October 2020)
• 2020 Fourth-Quarter Investors’ Letter (published 15 January 2021)
• 2021 First-Quarter Investors’ Letter (published 12 April 2021)
• 2021 Second-Quarter Investors’ Letter (published on 12 July 2021)
• 2021 Third-Quarter Investors’ Letter (published on 12 October 2021)
• 2021 Fourth-Quarter Investors’ Letter (published on 12 January 2022)
• Investors’ Letter: Solidarity (published on 27 January 2022)
• Investors’ Letter: War and Investing (published on 25 February 2022)
• 2022 First-Quarter Investors’ Letter (published on 13 April 2022)
• 2022 Second-Quarter Investors’ Letter (published on 12 July 2022)
• 2022 Third-Quarter Investors’ Letter (published on 12 October 2022)
• 2022 Fourth-Quarter Investors’ Letter (published on 12 January 2023)
• 2023 First-Quarter Investors’ Letter (published on 14 April 2023)
• 2023 Second-Quarter Investors’ Letter (published on 12 July 2023)
• 2023 Third-Quarter Investors’ Letter (published on 11 October 2023)
• 2023 Fourth-Quarter Investors’ Letter (published on 12 January 2024)
• 2024 First-Quarter Investors’ Letter (published on 12 April 2024)

Compounder Fund Factsheet

Compounder Fund Living Will

(Latest version as of 14 May 2020)