PCJ Absolute Return Strategy

Highlights

• Market Neutral, absolute return strategy
• Low correlation to the broader markets
• Preservation of capital and sustainable returns
• Investable Universe: Canadian and US listed companies

Investment Process

• Bottom-up fundamental, independent research process
• Focuses on highest conviction fundamental ideas
• Isolates and extracts alpha through both long and short positions
• Robust and disciplined risk management framework

Investment Philosophy

• Invests in Canadian and US listed companies
  • Diversified across sectors and market caps
  • Exploits market inefficiencies that provide opportunities to add value
  • Short portfolio provides downside protection in declining markets
• Diversified sources of alpha that are less correlated to market returns

Risk Management

• Dynamic intraday portfolio monitoring of constraints
• Preservation of capital is the primary objective
• Strong disciplined stop-loss policy