Monthly Message

The Wutherich & Co. Composite was up 6.6% in May. This compares with the S&P/TSX up 3.1% and the BMO Small Cap Index up 2.3%.

May of 2018 marks the 200th month of the Wutherich & Co. Composite! Clients that stayed with us for this entire period would have made 6.4 times their money. The composite is the combination of client portfolios that have all followed the Wutherich & Company Portfolio throughout their history. May the next 200 months be as much fun and bear as much fruit!

In May, The Wutherich & Co. Portfolio enjoyed broad-based strength across most of our names. This was in response to strong results posted by them in the most recent quarter.

Cash was at a very high level at the end of April due to the elimination of several names from the portfolio. We have plowed much of it into several new ideas. Photon Control (PHO-T) is a Richmond, B.C. based manufacturer of highly precise sensors used in the manufacture of semiconductors. Dirtt Environmental (DRT-T) is a Calgary based manufacturer of customized interiors. Both companies are producing products that are revolutionary in their fields. Both have been side tracked by management and Board issues over the last several years which have now been resolved. This now allows both companies to better focus on the outstanding growth prospects that their products present.

There are other ideas in the hopper and we hope to talk more about these in the near future.

To view the complete Monthly Message and Factsheet click here