The Prosperity Worldwide Flexible Fund of Funds, which I co-manage, continues to produce solid investment returns. Over the last 12 months, the fund is up 17.5% and is the number one performing fund out of 73 funds in its Morningstar Worldwide Flexible category. Since inception (September 2014), the fund is up an average 9.3% per annum. Key to the fund’s steady, good returns, is its very disciplined investment strategy, which takes positions in irrationally priced asset classes with a very tight risk management overlay. We expect these steady returns to continue, making the fund well suited for the current volatile environment.