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.
CB European Quality Fund returned +0.4% during the quarter, in EUR, which is less than the benchmark index (MSCI Europe Net). The fund has returned +18% over the last 5 years, which is less than the index. The return since inception 1995 is +658% (+7.0% p.a.).
NKT, AstraZeneca and Roche contributed the most to the fund’s performance during the quarter. SAP, 3i Group and Swissquote were the largest detractors.
CB Save Earth Fund returned -2.2% during the quarter, in EUR, which is worse than the benchmark index (MSCI World Net). The fund has returned +18% over the last 5 years, which is less than the index. The return since inception 2008 is +177% (+6.0% p.a.).
Per Aarsleff, Comfort Systems and Mueller Industries contributed the most to the fund’s performance during the quarter. Sprouts Farmers Market, GEA Group and Hawkins were the largest detractors.
You can read the reports here:
