Invests in equity securities of companies worldwide. Focuses on managing volatility through diversified holdings. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 6% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
This company is not turning a profit, so the market is pricing its sales instead: 0.3× for every dollar of annual revenue.
No analyst target is on record for this company.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
The company sells $30.3M a year; the problem isn’t sales — it’s costs running above that number.
It pays out $1.14 per share each year — regular cash for whoever holds the stock.
A loss of $11.1M against $30.3M in annual sales.
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.