CDM cadence capital limited

Ann: Investment Update and NTA April 2019, page-9

  1. 305 Posts.
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    Read the fund performance table in their monthly updates. They made a lot of money six or so years back from one stock (RAMS) and have been net losers since. It seems to me that the investing public have only woken up to this in the last six months and turned the premium into a discount. While performance is usually a result of stock selection, CDM also have a much touted 'staged' entry and exit strategy. Some, including me, suspect this has actually contributed to the poor performance.
 
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