Citation - First Quarter 2022

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MESSAGE FROM CAM

“SHOW ME THE MONEY”

INSIGHTS

CHINA: THE PROPERTY MARKET WITHIN A NEW ECONOMIC GROWTH MODEL

ECONOMIC OUTLOOK

LIKELIHOOD OF A GLOBAL RECESSION JUMPS AFTER A DECADE OF EVENTS HAPPENED IN WEEKS

UPDATE

ASSET VALUATION SIGNALS

FUND PERFORMANCE

FIRST QUARTER 2022

DISCLAIMER

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