- Capital preservation in down markets, growth participation in up markets
- Multi-manager: Asset class specialists
- Conservative approach to asset allocation
- Maximize long-term total return while protecting capital
- Strive to consistently add value over a business cycle
- Multi-manager makes sense. Can one manager be equally skilled in all asset classes and markets? Scheer Rowlett’s multi-manager approach brings together asset class experts with investment approaches tailored to their respective markets
- Different approaches, common beliefs. Each of the underlying managers shares a common belief: Securities are frequently mispriced due to behavioural tendencies of investors and market inefficiencies. Markets will reflect a company’s true intrinsic value over time.
- Protect the downside, reward the upside. A conservative approach to asset allocation is used to reduce risk. Superior security selection provides an opportunity for added value over time. Together they deliver solid added value
Scheer Rowlett, taking a mid- to long-term perspective, employs a “monitor and reset” approach (in response to economic variables and relative portfolio valuations) in managing asset allocation.
Scheer Rowlett uses a bottom-up security selection approach to find companies whose true intrinsic values have not been accurately reflected in their stock prices. The investment process involves: determining intrinsic value; finding companies with largest upside; reviewing portfolio risk; and, constructing the optimal portfolio. With a strict sell discipline, Scheer Rowlett balances return of capital and return on capital, leading to capital preservation and capital growth.
NS Partners’ investment philosophy rests on a belief that liquidity and the supply and demand for equity drives markets. As a research-driven active manager, we combine bottom-up fundamental company analysis with industry and sector analyses with an investment style that is core with a growth bias, in addition, emphasis is placed on macro liquidity analysis for assessing the broad market environment.
Connor, Clark & Lunn Investment Management Ltd. employs a disciplined quantitative equity investment process that capitalizes on companies exhibiting steady growth and attractive valuations. The portfolio seeks to optimize risk (through a proprietary risk model) and return with the continuous quantitative evaluation of fundamentals.
Baker Gilmore & Associates Inc. seeks to assess opportunities by combining a top down approach to duration management (includes yield curve and convexity strategies) with a bottom-up security selection strategy. Baker Gilmore’s risk control process ensures that portfolio exposures are constructed with a minimum of associated risks.
Inception date for the Scheer Rowlett Balanced Strategy is December 31, 1992.