ASB Partners August 2025 Performance

Dear Partners and Friends,

• ASB Partners’ estimated net return was +3.1% in August and +17.2% YTD net of fees through 8/31/2025;

• Please see the table below for relative performance

  

• Click here for more information about the fund: ASB Partners Investor Package

• Click here for the ASB Partners Q225 Letter

Thanks,

Adam