Yeah, I agree. I have been a bit disappointed with the CAM portfolio performance during this crisis/downturn. From the Jan 2020 high of 147.1M to the low in March of 111.5M was a quite a substantial drop. Alas the expected bounce that was delivered in April of 114.8M seriously underwhelmed in my book.
I like the concept of the All Cap strategy but thought CAM's culture of capital preservation would perform stronger than their 24% drawn down from Jan to March and subsequent rather meagre 3% accompanying bounce ....
CAM Price at posting:
75.5¢ Sentiment: Hold Disclosure: Held
