CC&L Q Emerging Markets Equity

Highlights

• Diversified emerging market equity exposure managed within a proprietary quantitative return, risk and portfolio construction framework
• Fully integrated global model employing systematic evaluation of countries, industries and stocks using a broad array of fundamental indicators
• Universe covering approximately 12,000 stocks spanning 47 countries including 24 emerging markets

Investment Objective

• Generate returns equal to the return of the MSCI Emerging Markets Index (CAD) (net) plus 3% per annum over a market cycle

Investment Philosophy

• A portfolio of companies exhibiting steady growth and attractive valuations is expected to deliver strong investment returns over the long term
• The investment process must be rigorous, objective and applied with consistency and discipline
• Research must be driven by a strong synergistic relationship between three key elements: investment fundamentals, quantitative theory and empirical evidence

Investment Process

• Continuous quantitative evaluation of fundamentals across stocks, industries and countries
• Proprietary return forecasts assess investment fundamentals and the opportunities created when these fundamentals change
• Proprietary risk model assesses systematic influences and stock-specific characteristics and events
• Portfolio construction seeks to optimize risk and return with consideration of transaction costs
• Daily evaluation and portfolio rebalancing ensures portfolios respond to new fundamental and pricing information on a timely basis
• Strict position limits