Impala snaps back after tough first quarter

Mon Jun 1, 2009

The first quarter was a shaky one for Impala Asset Management's Impala Fund, which lost 15.85% through March. But the fund may be back on solid ground. The recent stock market rally took the portfolio along with it, to generate an April gain of 23.29%. That puts the fund up 3.87% (net) for the year.

In comparison, the S&P 500 lost 11.3% for the first quarter but gained 9.39%...

ISSN: 2151-1845 / CDC10004H

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