Kopernik Global Investors Reports Q2 2026 Fund Performance
What happened
Kopernik Global Investors released its investor letter for the Global All-Cap Fund on September 21, 2026. The fund faced a difficult investment environment in the second quarter of 2026, with Class I shares declining 6.60% during the quarter. The fund's one-year return stood at 21.88%, underperforming the 23.67% gain achieved by the MSCI ACWI benchmark.
From yahoo.com
Why it matters
Kopernik attributed the quarterly weakness to the challenging, momentum-driven market. Factors contributing to the decline included materials, which subtracted 3.2%, and energy, which subtracted 1.5%. The fund also noted that gold was down 16% and silver was down 21% during the period.
From yahoo.com
Who's involved
- KopernikIndonesian social and environmental R&D organisation managing the fund
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The entities involved
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Kopernik
Indonesian social and environmental R&D organisation, finding what works since 2010, headquarters location (Bali, Indonesia), website (kopernik.info), founding date (2010)
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