SKAJAQUODA Hedge Fund Posts 40% Returns for 2008

SKAJAQUODA Hedge Fund (http://www.skajaquoda.com), has announced returns of +40.18% for 2008 and +8.30% YTD(25 Feb. 2009). The fund outperformed the S&P 500 which fell 38.49% in 2008 by +78.67% and by +22.71% YTD.

Wilmington, Delaware (PRWEB) March 2, 2009 -- SKAJAQUODA Hedge Fund has announced returns of +40.18% for 2008 and +8.30% YTD(25 Feb. 2009). The fund outperformed the S&P 500 which fell 38.49% in 2008 by +78.67% and by +22.71% YTD.

SKAJAQUODA Hedge Fund was profitable in all twelve months of last year with an average monthly return of +3.35%, highest monthly return of +6,56% and lowest monthly return of +2,59%.

Einar Agustsson, CEO and portfolio manager of SKAJAQUODA Hedge Fund, said about the performance in 2008: "Our main focus is to never lose anything".

About SKAJAQUODA Hedge Fund

SKAJAQUODA Hedge Fund is run by SKAJAQUODA Capital LLC a Delaware Limited Liability Company and private investment vehicle for sophisticated, long-term investors. The Company engages primarily in the purchase and sale of long positions in publicly-traded securities, and during extreme market environments, may hedge the portfolio using options, futures, other derivative securities and short sales of stocks. Its principal investment objective is the achievement of superior investment returns.

Contact:
SKAJAQUODA Capital LLC
Einar Agustsson
866-494-2529
http://www.skajaquoda.com

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