The Evenlode Podcast

In this month’s investment view we summarise second quarter/first half results and provide an overview of the four new holdings we added in June.

---

Please note, these views represent the opinions of the Evenlode team as of July 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

In this month's investment view we discuss how, despite the ongoing issues in global political and financial environments, we are seeing a significant broadening out of the investment opportunity set.

Please note this article mentions certain charts. To view these charts please visit -
evenlodeinvestment.com/news/a-broadening-opportunity-set

---

Please note, these views represent the opinions of the Evenlode team as of June 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

The Evenlode team have recently been on a research trip to the US, and we will be sharing an investment view on some of the findings in the near future. Analysing companies is where we are most comfortable, and the trip provided an update and insight across a range of industries.

Given market activity in June we thought we would write a short summary of the situation and our view, before sharing some of the findings from our company-specific research.

---

Please note, these views represent the opinions of the Evenlode team as of June 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

In this month's investment view we discuss the ongoing challenges the market is facing, but provide a positive perspective for longer-term investors.

---

Please note, these views represent the opinions of the Evenlode team as of 31st May 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

Last month we discussed the challenges that global companies are seeing in managing their cost bases in the face of input cost inflation.

These and other worries have hit equity markets, with stocks declining in part due to diminished expectations of profitability.

US retailers have been a particular focus, with the share prices of Target and Walmart falling sharply as they reported weaker than expected margins.

---

Please note, these views represent the opinions of the Evenlode team as of May 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

In this month's investment view we discuss the current macro-economic and geopolitical factors and how they have impacted the first quarter's results.

---

Please note, these views represent the opinions of the Evenlode team as of 30th April 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

As market volatility continues in global equity markets, this month we summarise how Q1 2022 results have fared for the consumer goods and healthcare sectors.

---

Please note, these views represent the opinions of the Evenlode team as of April 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

In this month’s investment view we discuss recent input cost inflation dynamics, and several fundamental factors that are helpful for companies in a more inflationary environment.

---

Please note, these views represent the opinions of the Evenlode team as of March 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

The war in Ukraine continues to dominate the news agenda and has driven volatility in commodity and equity markets.

Large intraday price swings have become routine as traders digest the latest developments in the conflict, the impact of sanctions in Russia, and the effects of reduced supply of energy, industrial and soft commodities.

Table and charts mentioned in this episode can be found here.

---

Please note, these views represent the opinions of the Evenlode team as of March 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com

The outbreak of war in Ukraine is unwelcome and shocking. We hope for a rapid end to hostilities. In this investment view we also examine corporate performance.

Table and charts mentioned in this episode can be found here.

---

Please note, these views represent the opinions of the Evenlode team as of February 2022 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

For more information visit evenlodeinvestment.com