Here’s Why Vltava Fund Invested in Cenovus Energy (CVE)

Vltava Fund, a global investment fund, released its second quarter 2022 investor letter. A copy of the same can be downloaded here. The letter discussed oil prices and their effects on the fund’s portfolio performance. The historical data shows that through the end of 2021, the prices of the shares in the portfolio increased by nearly 60%. After a dip in 2018 and covid collapse in 2020, the portfolio experienced rapid growth. In addition, you can check the top 5 holdings of the fund to...