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About Us An overview of our organization
History Historical time line of CC&L Investment Management
People Team structure, personnel and biographies
Corporate Brochure Access our corporate brochure
CC&L in the Community CC&L’s involvement with charitable and professional organizations
Affiliated Companies Access our affiliates
What We Do
 
 
 
Expertise Information about our experience and capabilities
Investment Approach Our approach to investment management, research, opportunities and risk
Investment Strategies Details about the investment services we offer
Client Services Our approach and commitment to servicing our clients
Responsible Investing Our approach to Responsible Investing
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CC&L Fundamental Canadian Equity

Investment Objective

  • Generate returns equal to the return of the benchmark, the S&P/TSX Capped Composite Index, plus 2% per annum over a market cycle.
  • Maximize long-term total return while prudently managing investment risk relative to the benchmark.

Highlights

  • Core approach. Diversified and carefully risk managed.
  • All-cap. Full universe of opportunities.
  • Fundamental, bottom-up security selection.
  • Proprietary database covering 400+ stocks.
  • Deep, stable team with long track record.

Investment Philosophy

  • Macroeconomic themes influence markets over longer term.
  • Opportunities exist when fundamentals vary from consensus expectations.
  • All capitalization coverage maximizes breadth of opportunities.
  • Disciplined fundamental approach is basis of security selection.
  • Price attractiveness and valuations are key.
  • Risk management is an integral component of process.

Investment Process

  • Fundamental ranking system: Universe ranked on key factors including financial and management strength, profitability, growth and price attractiveness.
  • Independent bottom-up research: Understanding companies’ business models and long-term operating strategies.
  • Management interviews: Confidence gauged through management interviews, on-site visits and discussions with customers and competitors.
  • Strategic outlook: Each business evaluated in context of its industry and competitive environment.
  • Target prices: Price targets established and reviewed weekly to ensure consistent application of buy and sell disciplines.
  • Top-down overlay: Historical and current valuations and macroeconomic factors shape sector overweight or underweight decisions.

Portfolio Construction & Risk Management

  • Portfolio is weighted toward stocks with the greatest upside potential.
  • Fundamental analysis assesses business risk, liquidity and valuation risk.
  • Risk management is part of the investment process, not an afterthought.
  • Proprietary risk models are calibrated to each client’s objectives.
  • There are strict position limits on individual security weights.

Contact us

Vancouver

604-685-2020

Toronto

416-862-2020

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