This quarterly letter marks our first combined commentary which will now touch on the developments within our wealth management platform. These commentaries will include a market overview, individual stock ideas, asset allocation ideas as well as other broad themes we are seeing play out in the ever-changing marketplace.
James Telfser, Managing Partner and Portfolio Manager at Aventine Asset Management, shares his outlook on the current market environment as interest rates continue to trend lower, with sovereign debt worldwide trading at negative yields.
James Telfser, Managing Partner and Portfolio Manager at Aventine Asset Management, provides his outlook on Canadian Equities and his reasoning for investing defensively in this current market environment.
In case you missed it, Aventine Portfolio Manager, John Kim, made an appearance on BNN Bloomberg’s Market call on June 21st to share his market outlook. We thought you might enjoy this short clip.
The Aventinne Canadian Equity Fund (“ACE Fund”) finished the month of March at +1.6% and the quarter at +8.3%. We saw normalization in the equity markets to start 2019 as many companies returned to trading on fundamentals rather than fear.