Confluence Investment Management’s Q1 2020 Investor Letter

Confluence Investment Management recently released its Q1 2020 Investor Letter, a copy of which you can download below. The All Cap Value Fund posted a return of -22.4% for the quarter (net of fees), outperforming its benchmark, the Russell 3000 Value Index which returned -27.3% in the same quarter. You should check out Confluence Investment Management’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash. There weren’t a lot of funds who could deliver these kinds of returns without shorting the market or using aggressive put options.

You can download a copy of Confluence Investment Management’s Q1 2020 Investor Letter here:

Confluence Investment Management’s Q1 2020 Investor Letter.