Needless to say we are delighted with the progress of our new fund, The CCM Intelligent Wealth Fund, since it was launched on 16 April this year.
We pride ourselves on our research. We consider it the key to our present and future success. We are restless in constantly searching for excellent companies to invest in and tireless in our rigour.
We are particularly excited about three recent additions to our fund namely Nvidia, Burford Capital and Fever-tree. The share price growth of all three companies has been fantastic in recent years. Moreover they tick most of the boxes in respect of our rigorous research process. We have a 21 point checklist for 21st century companies. In order to qualify for inclusion in our fund the company must score at least 67%.
Nvidia is a company that has excelled in the field of artificial intelligence. It has formed a partnership with ARM, the semi conductor manufacturer, to bring artificial intelligence to the Internet of Things sector.
Burford Capital is the largest player in the litigation market. It is the only company in its sector that has access to public markets. No other litigator with over £20 million in capital is listed on any exchange anywhere in the world. So it can go to market for large sums of money to invest into litigation cases where it will hope to gain a share of the win. This also makes Burford more recognisable and more likely to secure the larger cases.
Fever-tree’s approach to flavours and format has been integral to its success in reinforcing its position as the category leader. In terms of new product development early 2018 saw the successful launch of the group’s extended Refreshingly Light range of low calorie mixers. March saw a further expansion of its low calorie range with eight new expressions as part of its Refreshingly Light range as well as a number of limited edition tonics including a clementine and cinnamon expression for Christmas last year and a cucumber tonic water this summer both of which are UK retail exclusives.
We really welcome these three new additions to our fund which we believe will further strengthen its future performance.
