Since the fund’s inception the objective of The Tantallon Fund has been to generate superior long term returns for investors. We track performance in both our un-hedged long book as well our overall net returns to ensure that notwithstanding near term market sentiment and volatility, our long term fundamental investment convictions remain in line with objectives. We believe that investing for the long term means investing through different cycles. While we measure ourselves against both absolute as well as relative benchmarks, our investors appreciate that it is often as important to avoid falling into holes - especially the big ones excavated by major economic cycles, as it is seeking to reach common heights when growth is commonplace.