Strategy Overview
Strategy Description
The long-term success of our Total Equity Strategy is rooted in a quality investment philosophy. The aim of our approach is to invest in businesses for the long-term (not trade stocks) that are profitable and well-established with durable, defensible attributes and can generate good returns on investment. We believe a focus on quality businesses combined with our disciplined approach to valuation and long-term holding period will continue to compound wealth for our clients.
As long-term investors, we believe that integrating Environmental, Social and Governance factors into our investment process helps us to identify high-quality, sustainable businesses, as well as material risks and opportunities to the long-term value of our investments.
Key Differentiators
- Experienced investment team
- Consistent, rigorous and repeatable investment process
- Long-term investing approach with a high degree of capital preservation in falling markets
- Disciplined, repeatable investment process focusing on high quality, attractively valued companies
Highlights
- Inception Date
- April 1, 1999
- Assets Under Management ($M)
- $886 (As of March 31, 2026)
- Price
- $43.3156 (As of June 5, 2026)
- Last Distribution Paid ($)
- $0.1747 (March 31, 2026)
- Style
- High Quality at Attractive Valuations
- Process
- Fundamental bottom-up
- Turnover
- Low
- Investment horizon
- 5 years +
- Number of holdings
- 20 to 30
- Sector deviation
- Potentially large
Performance
Performance Per Period (%)
| Q1 2026 | YTD - 2026 | 1 Y | 3 Y | 5 Y | 10 Y | SI | |
|---|---|---|---|---|---|---|---|
| Total Equity | -4.33 | -4.33 | -3.86 | – | – | – | 6.62 |
| Customized benchmark | 0.20 | 0.20 | 21.80 | – | – | – | 20.85 |
| Value Added | -4.53 | -4.53 | -25.66 | – | – | – | -14.23 |
| Total Equity | -4.33 |
|---|---|
| Customized benchmark | 0.20 |
| Value Added | -4.53 |
| Total Equity | -4.33 |
|---|---|
| Customized benchmark | 0.20 |
| Value Added | -4.53 |
| Total Equity | -3.86 |
|---|---|
| Customized benchmark | 21.80 |
| Value Added | -25.66 |
| Total Equity | – |
|---|---|
| Customized benchmark | – |
| Value Added | – |
| Total Equity | – |
|---|---|
| Customized benchmark | – |
| Value Added | – |
| Total Equity | – |
|---|---|
| Customized benchmark | – |
| Value Added | – |
| Total Equity | 6.62 |
|---|---|
| Customized benchmark | 20.85 |
| Value Added | -14.23 |
Past performance is not a guarantee or indicator of future results. Inherent in any investment is the risk of loss.
Composite performance, gross of management fees.
Performance returns are annualized for periods of 1 year and up.
The portfolio’s performance was reset on January 1, 2024 due to a change of the lead portfolio manager and investment management process.
Investment Team
The Canadian Equity team is composed of nine seasoned investment professionals who collectively bring a rich diversity of experience, education, language, and thought to their work. This breadth of perspective fosters a dynamic and rigorous investment culture, enabling the team to approach opportunities and challenges from multiple vantage points and arrive at more informed, well-rounded conclusions.
At the heart of the team’s philosophy is a commitment to deep, fundamental research, forming the foundation upon which all portfolio decisions are made and ensuring that every position is grounded in conviction and supported by careful analysis.
The team manages high-quality Canadian large-cap equity portfolios with a long-term orientation, recognizing that sustainable outperformance is built over time. Central to their approach is a dual focus on generating consistent absolute returns while maintaining a disciplined emphasis on minimizing absolute risk — believing that protecting capital is as important as growing it.
Through diverse perspectives, rigorous research, and a steadfast commitment to long-term thinking, the Canadian Equity team strives to deliver superior outcomes for its clients year after year.
They are assisted by five analysts.
Additional Strategies
Managed by the Team
Documents
Important Disclosures
Nothing on this website should be viewed as a recommendation, offer or solicitation to buy or sell any security or investment and does not constitute investment, legal, tax or accounting advice. Services are offered only to qualified investors and only in accordance with applicable laws and regulations in each relevant jurisdiction. Information is believed to be accurate as of the publication date but may change without notice; no warranty is provided, and Fiera Capital and its affiliates disclaim liability for its use.
Past performance is not a guarantee of future results. Inherent in any investment is the potential for loss. Target returns are aspirational, forward-looking and do not represent actual performance. There is no guarantee that such performance will be achieved, and actual results may vary substantially. Metrics (e.g., exposures, ratios, characteristics) are for reference only and may not capture all relevant factors. Different metrics may lead to materially different conclusions; Any specific holdings mentioned are for illustration only, and may not represent the full portfolio, past holdings, or future positions. Indices are unmanaged, not investable, and do not reflect fees or expenses. Index comparisons are provided for context and portfolio holdings may differ significantly from those of any index; All investment strategies involve risks, including market, economic, financial, operational, liquidity, valuation, and regulatory risks. Certain strategies may use leverage, derivatives, or concentrated exposures, which can increase volatility and risk of loss; No strategy, diversification approach, or risk management technique can eliminate risk, or guarantee returns in all market environments; Investors should review relevant governing documents and consult their own advisers before making investment decisions.
Environmental, social, governance (“ESG”) or impact related goals, commitments, or initiatives referenced on this website are voluntary, may not apply uniformly across strategies, and may be modified or discontinued at Fiera Capital’s discretion. ESG-related processes do not guarantee any specific investment outcome.