As at end March 2020 the Balmoral Fund is conservatively positioned with around 90% in cash.

Portfolio

As at the end March 2020 we are part owners in three medical businesses well positioned for these times:

 

  1. Sartorius Stedium Biotech - French pharmaceutical and laboratory equipment

  2. Johnson & Johnson – US medical and consumer products

  3. Fresenius – German private hospital operator and medical equipment producer

3

Current
Investments
“Angus has managed my investment funds for several years now. I’ve been impressed by his knowledge and professionalism, together with the satisfaction of the continued capital growth of my portfolio. Balmoral Asset Management has done an excellent job and is happy to go that extra mile to give their clients honest and transparent service.”
 
- Justin McCarthy  
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ABN 33 603 492 039

ACN 603 492 039

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