The Upside: Barnegat turns $1 into $10 in 13 years
By Simone Foxman
Wed Jun 18, 2014
Bob Treue’s fixed income fund is up 13.6% this year. Its gains made it a shoo-in for this month’s installment of “The Upside,” which highlights the returns of an outstanding fund in the Absolute Return Database.
Up 2.8% in May and 13.6% this year, Bob Treue’s Barnegat Fund can claim another milestone: having
a produced a net annualized return of 18.9%, a dollar invested
in the fund at its January 2001 inception would now be worth
about $10. That’s a heady milestone for the $715
million fixed income fund; by comparison, the median fixed
income in the Absolute Return database has generated a net
annualized return of 7.95% in the same period
(it’s up 3.91% this year through May).
And those returns aren’t the result of early
gains on a small capital base. Barnegat chosen as one of
Absolute Return’s Funds to Watch in 2009. From
inception through May of 2009, the Barnegat Fund had produced a
ISSN: 2151-1845 / CDC10004H
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