- Bottom-up fundamental security selection
- Concentrated portfolios maximize alpha opportunity
- Excels in periods of high volatility
- Experienced team focused solely on Canadian equities
- Effective offset to core- and value-style managers
Our strategy is designed to identify high quality companies with opportunities for organic growth
- Market inefficiencies provide opportunities to add value
- Earnings growth ultimately drives stock prices
- Concentrated portfolios maximize value from manager insights
- Catalysts for organic growth are best identified through independent fundamental research
- Risk management is integral to creating long-term value
- Goal: Identify high quality companies with opportunities for organic growth
- Screen using growth variables, e.g.; ROE, earnings momentum
- Identify catalysts for future growth, e.g.; earnings announcements, restructuring
- Company meetings: Validate research, confirm confidence in management
- Proprietary ranking system: Confidence and quality of growth opportunity
- Optimize rewards for risk taken
- Portfolio concentrated (up to 30%) on best ideas
- Sector weights evaluated relative to macro market themes
- Absolute and relative stock and sector limits
- Continuous monitoring of security specific and total portfolio risk
- Dynamic risk allocation is used to lock in profits and - reduce risk