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Ken Heebner's CGM Mutual Fund 4th Quarter Commentary

johnNjohnN
in The Bullpen
https://www.gurufocus.com/news/824511/ken-heebners-cgm-mutual-fund-4th-quarter-commentary
Ken Heebner's CGM Mutual Fund 4th Quarter Commentary
Discussion of markets and investing
February 27, 2019 | About: SPY +0% DJI +0% QQQ +0%

To Our Shareholders:

CGM Mutual Fund decreased -10.8% during the fourth quarter of 2018, compared to the Standard and Poor’s 500 Index (S&P 500 Index) which decreased -13.5% and the ICE BofAML U.S. Corporate, Government and Mortgage Index* which returned 1.6% over the same period. For the twelve months ended December 31, 2018, CGM Mutual Fund decreased -13.7%, the S&P 500 Index decreased -4.4% and the ICE BofAML U.S. Corporate, Government and Mortgage Index returned 0.0%.


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