SHC's Ailsa Fund reported a gain of +2.53% in November, bringing its YTD return to -5.13%.
The 3 month return on the Ailsa Fund was -2.1%, compared to the S&P/ASX200, which returned -26.7% over the same period. SHC retains a positive view on global equity markets in 2009, although the real economy may still have some way to fall.
