WAM Corona Chronicles Vol II

March 30, 2020

We write to update you with our current thoughts and to highlight how the current crises reinforces our core belief that investing in water related equities and assets delivers outstanding risk adjusted investment opportunities. The Corona pandemic response by U.S. and Global policy makers is a struggle between balancing the scientific data vs. the plunging economic data. Designating which industries are essential and which are not, is a key determinant to access government money, immediate individual corporate health, survivability, and ultimately stock price recovery.