H1 2023 net returns of 221.51 percent

Shelburne, Vermont, July 13, 2023 —Lemelson Capital Management, LLC (LCM), today announced financial results for H1 2023.  In the first half ended June 30, 2023, performance was 221.51 percent net of all fees and expenses based on preliminary unaudited results.1  The S&P 500 TR (the “benchmark”), which includes the reinvestment of dividends, returned 16.89 percent during the same period. 

“We concluded H1 2023 with better than average returns and have significant additional gains in early Q3, 2023,” said Fr. Emmanuel Lemelson, Chief Investment Officer, LCM. “However, H1 2023 results were an outlier, and are unlikely to be repeated in the future,” Lemelson cautioned.
LCM will host an investor conference call on the H1 2023 financial results at 8:00 a.m. EST on July 14, 2023. This call will also be available for replay for approximately two weeks after that. 
 

LCM will host an investor conference call on The Fund’s Q1 2023 financial results at 8:30 a.m. EST on April 12, 2023. This call will also be available for replay for approximately two weeks after that. Register for the call here

The fund is currently closed to new investors. Contact ir@lemelsoncapital.com for questions.

LCM periodically provides information for investors on its corporate website, LemelsonCapital.com, and its related site, Amvona.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting.

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About Lemelson Capital Management

Lemelson Capital Management, LLC is a private investment management firm focused on deep value and special situation investments.  

Follow LCM on Twitter @LemelsonCapital – Follow Fr. Emmanuel Lemelson on Twitter @Lemelson

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Investor Relations Contact

Lemelson Capital Management, LLC 
Investor and Media Relations 
Telephone: 802-332-3833

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NOTICE AND DISCLAIMER:

This report shall not constitute an offer of interests in any fund, which may only be made pursuant to the confidential private offering memorandum, related subscription agreement, and applicable laws and regulations. 

Any information on specific investments or opportunities is provided merely to illustrate the research process that may be utilized by the Advisor and should not be relied upon in making an investment decision with respect to the investments covered by the report. Investment processes are subject to change without notice. 

Any performance data included with respect to any client account of the Advisor represents the net performance (except where gross and net are both presented) of and reflects the deduction of all account or vehicle level expenses, including without limitation brokerage and other transaction costs, as well as legal, audit, administration, and other expenses. Any performance presented would not represent the return of any individual investor. An individual investor’s net return in any collective investment vehicle may differ significantly from any net performance as stated herein due to differences in fee arrangements and timing of investment. In fact, any net returns of a vehicle shown herein may be significantly higher than an investor’s actual return. Any performance information includes the reinvestment of all dividends, interest, and other income. Past performance is not necessarily indicative of future results. All investments involve risk, including the potential loss of principal.

Any performance results should not be considered a substitute of, or indicative of the past or future performance. Returns are estimated and unaudited; actual returns may vary from the performance information presented above. Estimated returns should not be construed as providing any assurance or guarantee as to actual returns. Actual performance figures are only computed and audited yearly. Past performance is not indicative of future results, which may vary. The value of investments and the income derived from investments can go down as well as up. Future returns are not guaranteed, and a loss of principal may occur. An investment in any fund is subject to a variety of risks (which are described in the Fund’s Confidential Offering Memorandum), and there can be no assurance that an account’s investment objective will be met or that it will not incur losses. This information does not constitute an offer to sell or the solicitation of an offer to purchase any interest in any fund or other investment product. Any such offer or solicitation may only be made by means of delivery of the Fund’s offering documents.

Any specific securities identified and described in this material do not represent all the securities purchased, sold, or recommended for any account. The audience should not assume that investments in these securities identified and discussed have been or will continue to be profitable. Investment examples are included merely to illustrate the investment process and strategies that may be utilized. The Fund currently owns numerous other securities in various other industries and sectors unrelated to these securities. The purchase of these securities only will not create a diversified portfolio. In addition, such securities are subject to losses as an investor may lose money investing in such securities.

Indices are included to show the general trend of the securities markets in the periods indicated. No representation is made that the strategies are or will be comparable, either in composition or element of risk involved, to the securities comprising the selected indices. S&P 500® Total Return Index (SPTR): A market value-weighted index of 500 stocks chosen for market size, liquidity, and industry grouping, among other factors. This index is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large-cap universe. This index reflects the effects of dividend reinvestment.

 

1 The returns reflect a hypothetical day-one, full-fee-paying investor.  

This website may contain rev. Fr. Emmanuel Lemelson’s current views on the value of one or more securities and actions that might be taken to enhance the value of those securities. Fr. Lemelson’s views are based on his analysis of publicly available information and assumptions he believes to be reasonable. There can be no assurance that the information he considered is accurate or complete, nor can there be any assurance that his assumptions are correct. The actual performance and results of the companies discussed on this site may differ materially from his assumptions and analysis. We have not sought, nor have we received, permission from any third-party to include their information on this site. Any such information should not be viewed as indicating the support of such third party for the views expressed on this site. Fr Lemelson does not recommend or advise, nor does he intend to recommend or advise, any person to purchase or sell securities and no one should rely on this site or any information contained herein to purchase or sell securities or consider purchasing or selling securities. Although Fr. Lemelson may state in this site what he believes should be the value of certain securities, this site does not purport to be, nor should it be read, as an expression of any opinion or prediction as to the price at which such securities may trade at any time. Fr. Lemelson’s views and his holdings of the securities mentioned on this site could change at any time. He may sell any or all of his holdings or increase his holdings by purchasing additional securities. He may take any of these or other actions regarding any of such securities without updating this site or providing any notice whatsoever of any such changes. Investors should make their own decisions regarding the companies mentioned on this site and their prospects without relying on, or even considering, any of the information contained herein.