Invests in a diversified portfolio of assets, including equities, fixed income, and alternative investments. Now — the numbers.
This is an established company with proven profits.
Average growth of 16% a year over the last 3 years. Every year shown ended in profit.
The market pays 7× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
No analyst target is on record for this company.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
The stock trades 27% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 99% — still a thick cushion, though costs have been eating into it lately.
Over the last 4 years, sales grew about 16% a year on average.
It pays out $3.13 per share each year — regular cash for whoever holds the stock.
Over the last 12 months, executives reported 63 sells against just 8 buys. Not an alarm bell by itself, but a number worth watching.
Since the drop from its peak, buyer appetite hasn’t come back.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.