Mutual Funds Performance Report – March 2023
The Anchoria Money Market Fund generated a return of 6.41% (5.21% net of fees) to remarkably outperform its benchmark by 308bps for the month of March. This performance was driven by higher yielding investments alongside some re-balancing techniques. In the T-bills secondary market, investor sentiment turned bearish in March 2023 due to increased mopup activities …