Bonafide Quarterly Webinar Q1 2024

Welcome to the Bonafide update for the first quarter of 2024
In this edition, we bring you exciting insights from the Seafood Expo in Barcelona, presented by our CIO, Philipp Hämmerli, and our Analyst, Noah Gall. We are also pleased to welcome Oda Djupvik, Equity Research Analyst at Pareto Securities, as our guest.

Market Overview and Performance
The fish and seafood sector continues to show impressive resilience. Several companies in our portfolio achieved record results, leading to attractive dividends. We analyze cost factors and achieved sales prices to assess the profitability situation. The net asset value of our Global Fish Fund grew by 6.47% in EUR and even by 10.60% in CHF during the first quarter of 2024, driven by the weakness of the Swiss franc.

Climate Initiatives and Innovations
Given the increasing importance of climate initiatives, we offer insights into the key themes and innovations that seafood companies are currently focusing on.

00:00 - Introduction
02:58 - Best and Worst Performers
04:59 - Profitability of the Companies
09:00 - Climate Initiatives
16:37 - Live Broadcast from Barcelona
22:40 - Interview with Oda Djupvik from Pareto Securities
26:55 - Closing Remarks
27:58 - Q&A Session

Which fish do we take home with us?

  • The conclusion of the El Niño phenomenon is making a significant economic impact: costs are diminishing and stabilizing, while prices continue to hold at high levels. This favorable situation is resulting in unprecedented margins and driving forward robust profit growth.
  • As we approach the upcoming quarter, the Global Fish Fund is strategically positioned for what is anticipated to be its most rewarding dividend season yet.
  • Seafood sectors are making waves in sustainability, actively enhancing their ecological
    footprint with smarter feed use and new transport solutions – a positive leap for the planet.
  • Industry optimism is high – the #BlueRevolution thrives. The Seafood Expo in
    Barcelona showcases our vibrant commitment to the maritime economy.

🌐 Whether you're an investor, industry professional, or simply interested in the seafood market's future, this video offers valuable insights and predictions. Watch now to stay ahead and join the #BlueRevolution!

Quarterly update March 2024

Slide desk quarterly webinar March 2024

Previous webinars

January 30, 2024

Bonafide Quarterly Webinar Q4 2023

Welcome to our 2023 Q4 Bonafide update, where we dive deep into the recent dynamics and future outlook of the global seafood market. Despite a turbulent year influenced by the El Niño phenomenon and interest rate uncertainties, we see the horizon clearing up. Join us as we explore key insights, sector analysis, and what lies ahead for the industry.

October 17, 2023

Bonafide Quarterly Webinar Q3 2023

The fund delivered a return of +2.81% in the third quarter. Currently, the portfolio is trading at a discount of 40%, while numerous companies are achieving record results. Seven out of the ten forecasts made for the seafood sector have already proven to be accurate. Learn more about the current developments in our quarterly webinar.

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