Monthly Message

The Wutherich & Co. Composite posted a 4.8% gain in February versus the S&P/TSX being up 1.8%.

Strong performance in the Wutherich & Company Composite continued in February. We put this down to the strength of the names in our portfolio and their relative cheapness. Our names have started to report their most recent quarters and we have no reason to believe that they are experiencing any significant weakness.

We are down to less than 1% cash in the portfolio after having added another financial name. More on this in the coming months.
Geopolitical factors continue to cast a shadow over markets while strong US economic numbers remain supportive. How this shakes out, we have no idea. What we do have a pretty clear idea of is that our companies are well positioned to thrive for years to come and that this should provide us with good long-term returns.

JF and I would like to thank those clients that made contributions to their RRSPs and TFSAs early in this new year.

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