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 -1.4% during the quarter, in EUR, which is less than the benchmark index (MSCI Europe Net). The fund has returned +25% over the last 5 years, which is less than the index. The return since inception 1995 is +655% (+7.0% p.a.).
ASML, Commerzbank and Holcim contributed the most to the fund’s performance during the quarter. Lifco, Saint-Gobain and SAP were the largest detractors.
CB Save Earth Fund returned +0.7% during the quarter, in EUR, which is less than the benchmark index (MSCI World Net). The fund has returned +31% over the last 5 years, which is less than the index. The return since inception 2008 is +183% (+6.2% p.a.).
Comfort Systems, Mueller Industries and Watts Water contributed the most to the fund’s performance during the quarter. Saint-Gobain, Sprouts Farmers Market and Badger Meter were the largest detractors.
You can read the reports here:
