Monthly Message

Wutherich & Co. Composite was up 4.6% in July versus the S&P/TSX being up 5.9%.

Broadening market? Lowering interest rates? We try not to make these calls, but it would be nice to see. The Wutherich & Company Portfolio would benefit from a broader market as we certainly don’t own US Mega-Cap Technology names. We are humble proprietors of relatively simple, boring and cheap small to mid-cap names that we think will provide us with good long-term returns. If there are some macro-economic tailwinds to help us along our way, we’ll gladly trim our sails, keep a steady hand on the tiller and enjoy the ride.

We still have plenty of cash though we have been trying to spend it. Some of our favourite names have had very strong moves lately and have become more difficult to buy. Regardless, we will continue to pick away at ideas that fit our long-term investment criteria as opportunities present themselves.

To view the complete Monthly Message and Factsheet click here

Monthly Message The Wutherich & Co. Composite was up 0.2% in June versus the S&P/TSX being down 1.4%. While the last twelve months have been very strong for the Wutherich & Co. Composite, if we zoom out a little, the market and our portfolio have seen relatively weak performance since November 2021. Outside of a […]

Monthly Message The Wutherich & Co. Composite was down 0.7% in May versus the S&P/TSX being up 2.8%. “Sell in May and Go Away” certainly seemed to affect some of our stocks during the month. Recent quarterly results were reported for most of our companies and there was a mix of excellent numbers combined with […]

Monthly Message The Wutherich & Co. Composite posted a 0.0% result in April versus the S&P/TSX being down 1.8%. Markets were generally weak during April as investors sway with the ebb and flow of concerns around interest rates and geopolitics. The Wutherich & Company Composite posted somewhat better results due to the announced takeover of Hibbett […]

Monthly Message The Wutherich & Co. Composite posted a 0.5% drop in March versus the S&P/TSX being up 4.1%. The Wutherich & Company Composite definitely sat-out the March rally in North American markets. The companies in our portfolio finished reporting their most recent quarters during the month. For the most part, the numbers were good. A […]

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 […]

Monthly Message The Wutherich & Co. Composite posted a 4.7% gain in January versus the S&P/TSX being up 0.6%. The strength that we experienced in our portfolio during 2023 has continued into 2024 but we always talk people down from getting too excited about short-term returns. Our portfolio companies continue to be in excellent health, which […]

Monthly Message The Wutherich & Co. Composite was up 4.0% in December. This compares with the S&P/TSX being up 3.9%. Thank you, Santa, for a great year-end rally which has taken us up 17.0% for 2023, handily outpacing the TSX at 11.8%. But Ho Ho Hold that idea. We are seldom in synch with what happens […]

Monthly Message The Wutherich & Co. Composite was up 10.3% in November. This compares with the S&P/TSX being up 7.5%. The Wutherich & Company Composite performed well in November with nary a mega-cap technology stock in sight. What it does contain are excellent small to mid-sized companies with reasonable valuations and good long-term prospects. Most just […]

Monthly Message The Wutherich & Co. Composite was down 0.8% in October. This compares with the S&P/TSX being down 3.2%. The Wutherich & Company Composite continues to hold up well in an otherwise weak market. The quality of the names in the portfolio, and their excellent value, have supported this performance. A recent example of how […]