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Lakehouse Capital’s May 2024 Investor Letter

Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” May 2024 investor letter. May was a positive month for global markets as discussions about inflation and the direction of interest rates went on. The Fund returned 2.2% net of fees and expenses for the month compared to 1.6% for its benchmark. Since its inception in December 2017, the Fund has returned 158.5% compared to 99.1% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the fund’s top five holdings to know its best picks in...