AVI
AVI Worldwide Opportunities Fund
Global Opportunistic
Mar 2026 → Sep 2026
Our archive holds 2 letters from this strategy, behind 1 investment thesis and positions in 16 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year · follow all of AVI for every strategy.
Performance
as of Sep 30, 2026 · net of fees · GBP · B GBP
- YTD+6.6%index +9.0%
- 1Y+9.6%index +12.5%
Index: IA Flexible Investment
| YTD | 1Y | |
|---|---|---|
| AVI Worldwide Opportunities Fund | +6.6% | +9.6% |
| IA Flexible Investment | +9.0% | +12.5% |
Calendar years
- 2025+10.8%index +12.1%
- 2024+19.2%index +22.3%
- 2023+6.3%index +7.3%
- 2022−10.5%index −9.1%
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We boosted Tufton Assets (SHIP)’s weight in the portfolio during the quarter and were pleased to see the shares grind higher.
It is difficult to reconcile the share price move with fundamentals, and we added to the position again on weakness.
The largest sale was a full exit from Taylor Maritime Investments (TMI).
We built this position when the shares fell sharply after the proposed internalisation and added further following a further decline upon the UK Government’s consultation on ROC subsidy inflation linkage,
- ExitedSherbourne InvestorsMar 2026
Sherbourne (SIGC) was a detractor from returns, and we have sold out of the position.