Optimist Fund, an investment management company, released its first-quarter 2026 investor letter.
A copy of the letter can be downloaded here
The Fund’s objective is to achieve capital growth at a rate in the mid-teens or higher over the course of several decades. In Q1 2026, the Fund declined 27.3%, driven by a swift shift in the market narrative amid fears of AI disruption and the outbreak of war in Iran. The fund views this drawdown as an opportunity to strengthen the core holdings at more attractive prices.
In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Optimist Fund highlighted stocks like monday.com Ltd. (NASDAQ:MNDY). monday.com Ltd. (NASDAQ:MNDY) develops software applications and work management tools. On May 18, 2026, monday.com Ltd. (NASDAQ:MNDY) stock closed at $78.04 per share.