October Update Whisky Cask Fund Update 21st October 2022 Dear Investors September marked the beginning of buying and trading casks held by …
January 31st, Singapore
Dear valued investors,
We are pleased to provide an update on the performance of the Whisky Cask Fund. Over the last 4 months of 2022, the performance has been solid, reaching 6% (projected to be ~18% annually after fees). The appreciation of the GBP against the USD is being monitored, and the fund is exploring hedge options for stability.
The fund was launched successfully on September 6th, following a short extension of the subscription period. The first run was strong and allowed us to optimize and fine-tune our trading and administrative processes for greater efficiency in the future.
As the fund continues to gain recognition in the market, we are expanding our network of suppliers and deploying them progressively. The outlook for the coming year remains positive, despite rising production costs. We will keep you updated on our progress and any market changes.
The Whisky Cask Fund Team