The corona virus has in a short time paralyzed the global economy and caused dramatic stock market declines. Shares have been sold across the board, unchecked by differences in valuation multiples. As a result, equities in the security sector have been traded down to historically low levels, while the discount on these so-called value shares versus growth shares remains at high levels.
In an extra-webinar, Tor Sinclair, manager of the Global Security Fund, presents the exceptional position that has arisen in the market and how the fund is positioned in this situation.
You can also download the presentation in PDF format here.