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Alternative Market Briefing

Hedge fund Kaizen Fundamental Value up 13.2% in January

Tuesday, February 28, 2012

From Precy Dumlao, Opalesque Asia:

The Kaizen Fundamental Value Fund, which is managed by the Nassau-based Magnum Fund Management Ltd has announced it gained +13.2% in January compared to the S&P 500 which was up +4.5%, the Dow Jones Industrial Average at +3.5%, and Nasdaq which climbed +8.1% during the same month.

The fund has gained +53.5% since its inception in February 2003 versus +16.5% for the S&P 500, +33.2% for the Dow Jones Industrial Average, and +36.1% for Nasdaq.

According to Kaizen Capital Managing Principal David W. Berry, the fund was up approximately 20% year-to-date for 2012. January’s strong result was a complete reversal of the dismal -25.3% performance of the fund in 2011.

Berry commented, "Because of the need for governments to fire up their currency printing presses in order to pay down burdensome sovereign debt and the consumption pressure coming from a fast-growing human population, we like owning hard, consumable assets that are needed by a modern society and are becoming supply-short and demand-long. We look for companies with great management teams and highly scalable assets that have low costs of extraction and transportation and thereby have the 'last man standing attribute.’

He added that Kaizen is finally seeing some "risk-on" capital come off the sidelines. In keeping with the firm’s "boot......................

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