Monthly Message

The Wutherich & Co. Composite was up 3.7% in September. This compares with the S&P/TSX up 3.1%, the BMO Small Cap Index up 2.6%, S&P 500 (US$) up 2.1%, the DJIA (US$) up 2.2%, while the NASDAQ (US$) was up 1.0%.

A second month of positive returns! While two points don’t make a trend, we think we are heading in the right direction. The fundamentals continue to look very strong for most of our names, though there are always a few stragglers. We think that the gap between our companies’ stock prices and their strong fundamentals will continue to close over the coming years. This should be very supportive of long-term returns for the Wutherich & Co Portfolio.

It is that time of year again for our Wutherich & Co. Annual Update. This year, we are hosting it at the Mount Stephen Hotel on November 16. For those of you who attended this event a few years ago when it was still the Mount Stephen Club, we hope you enjoy the opportunity to see how it has changed. Cocktails at 5:30pm. Presentation at 6:00pm.

To view the complete Monthly Message and Factsheet click here