Bombardier and airline companies

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In order to follow-up on one of my previous emails regarding Bombardier and airline companies suggesting to avoid them, here is information that came out today:

Zurich, Oct. 2 (Bloomberg) — Swissair Group suspended all flights as it ran out of cash and said it’s in negotiations with a “leading” bank to secure money to resume flying.

As for Bombardier, we had sold the great majority of our holdings between $20 and $25.  In the coming months, we will slowly build up our positions by portions of 0.5 to 1% of the portfolios.

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  • Claret Asset Management specializes in offering portfolio management services to high net worth clients. We are completely independent and free of conflicts of interest. Claret was founded in 1996 with the objective of answering the growing needs of private investors.

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