The chart shows the drawdown of MSCI USA Mid Cap Net relative to MSCI USA Large Cap Net (by and large, the Magnificent 7). Never before (with data since 1994) has MSCI USA Mid Cap Net experienced such a prolonged period of underperformance versus MSCI USA Large Cap...
The first chart below shows the drawdown of MSCI Europe Quality Net relative to MSCI Europe Net. Never before has Quality (stocks with low leverage, stable earnings and high profitability) underperformed to this extent. The second chart shows the rolling five-year...
Below are the historical S&P 500 drawdowns in USD that we believe, technically, are the most similar to the current decline, based on data since 1950. The red line in each chart represents the current drawdown, which as of the close on April 4, stands at -17.4%....
As outlined in our latest newsletter, we initiated a significant shift in the profile of the funds in February. This process continued throughout March and is now nearly complete. During February and March, we reallocated approximately 55% of each portfolio, resulting...
You can now read our latest quarterly updates for our European fund, CB European Quality Fund, and our global environmental fund, CB Save Earth Fund. The CB European Quality Fund decreased by -0.7% during the third quarter, in SEK, which is worse than the benchmark...
