Yost Capital Management (YCM) manages investments for pooled investment vehicles, not individual investors. YCM identifies opportunities for the funds to invest in, manage, and sell. YCM focuses on concentrated portfolios, seeking companies where the firm believes the market's expectations are incorrect. YCM's investment strategy is neither value nor growth driven.
Yost Capital Management (YCM) manages investments for pooled investment vehicles, not individual investors. YCM receives a management fee and a performance allocation from the funds. The management fee for the Master Fund is 1.35% annually, and for the Long Focused Master Fund, it's 1.0% annually, both calculated monthly in advance. YCM may negotiate alternative fees with other funds or separate account clients in the future.