As at end December 2020
the Balmoral Fund was around 73% invested.
As at the end of December 2020 we are part owners of twenty two global businesses.
The bulk of our portfolio is targeting cash generators acquired at attractive prices; high return on equity businesses which consistently generate strong amounts of cash from their operations using modest amounts of debt. Refer to the case study on Alfa Laval for an example of one of our cash generators.
A smaller part of the portfolio is in fast growers while a little over 5% is in thematic investments.
For more information on the portfolio please contact us.