The Nassau-based Magnum Fund Management Ltd has announced that one of the funds it manages, the Kaizen Fundamental Value Fund, has gained 3.5% in April (+3.0% YTD) compared to S&P’s 3.0% returns and Nasdaq’s 3.4% gains during the same month.

The fund has gained 884.27% since February 2003 inception versus 59.36% for the S&P500.

In his communication to