Alluvial Fund 2Q22 Commentary: Copper Property CTL Pass Through Trust

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Alluvial Fund commentary for the second quarter ended June 30, 2021, discussing their new investment in Copper Property CTL Pass Through Trust (OTCMKTS:CPPTL). Dear Partners, Alluvial Fund declined 9.9% in the second quarter and is down 16.5% year-to-date. By contrast, the Russell Microcap Index lost 19.0% this quarter and has fallen 25.1% in 2022. It’s ugly out there. At the halfway point of the year, global stock markets have recorded one of their worst performances in modern market history. Fortunately for us and in keeping with the historical pattern, Alluvial Fund has managed to avoid a p…

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