3Q23 Truffle Portfolio Investors' Letter 

Year to date, the Truffle Portfolio has achieved 20.07% on average vs SP500 14.36% as of writing (11 Jul 2023). You will be able to see your individual portfolio returns at the online portal.

As always, I appreciate your trust and confidence in our investment portfolio. I would like to congratulate those who added more funds during the Q1 new funds window.

In this investor letter, I will provide you with an overview of the current market conditions, discuss the impact of interest rates on the stock market, delve into the much-debated bull market recovery in 2023, highlight the performance of our portfolio, and outline our cautious yet optimistic approach moving forward.

If you are keen to find out more about Truffle Portfolio that I managed for more than 200 investors, check out www.investwithpete.co

Regards,

Pete