Canadian Equity – Low Beta Growth Strategy

Strategy Overview

Investment Strategy

Systematic investment process that focuses on identifying mid-to large cap firms with strong growth potential through a concentrated portfolio of 35 stocks. The team works on identifying stocks with growth characteristics that exhibit low systematic risk. The strategy focuses on low beta stocks and, those with greater residual risk, will be over weighted to better capture this, benchmark constrained overlooked, area of the market. This active, benchmark agnostic, process is built to maximize risk adjusted returns.

Why Invest in this Strategy

Systematic, transparent and robust portfolio construction process geared towards extracting mid-to large cap stocks with strong growth potential
Maximized risk adjusted returns with a benchmark agnostic approach
Low systematic risk
Target stocks overlooked by the market because of tracking error restrictions (benchmark constraints)

Highlights

			Inception Date
			December 1, 2017
		

			Assets Under Management ($M)
			$104 (As of September 30, 2024)
		

			Price
			$11.8416 (As of December 12, 2024)
		

			Last Distribution Paid ($)
			$0.0664 (September 30, 2024)
		

Performance (%)

Annual Performance

	Q3 2024	YTD - 2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Canadian Equity Low Beta Composite	13.61	21.20	11.65	0.22	18.89	4.13	25.77	-2.61	-	-	-	-
S&P/TSX Index	10.54	17.24	11.75	-5.84	25.09	5.60	22.88	-8.89	-	-	-	-
Value Added	3.07	3.96	-0.10	6.06	-6.20	-1.47	2.89	6.28	-	-	-	-

Q3 2024
	%
Canadian Equity Low Beta Composite	13.61
S&P/TSX Index	10.54
Value Added	3.07

YTD - 2024
	%
Canadian Equity Low Beta Composite	21.20
S&P/TSX Index	17.24
Value Added	3.96

2023
	%
Canadian Equity Low Beta Composite	11.65
S&P/TSX Index	11.75
Value Added	-0.10

2022
	%
Canadian Equity Low Beta Composite	0.22
S&P/TSX Index	-5.84
Value Added	6.06

2021
	%
Canadian Equity Low Beta Composite	18.89
S&P/TSX Index	25.09
Value Added	-6.20

2020
	%
Canadian Equity Low Beta Composite	4.13
S&P/TSX Index	5.60
Value Added	-1.47

2019
	%
Canadian Equity Low Beta Composite	25.77
S&P/TSX Index	22.88
Value Added	2.89

2018
	%
Canadian Equity Low Beta Composite	-2.61
S&P/TSX Index	-8.89
Value Added	6.28

2017
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

2016
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

2015
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

2014
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

Annualized as at September 30, 2024

	1 Y	2 Y	3 Y	4 Y	5 Y	6 Y	7 Y	8 Y	9 Y	10 Y	SI
Canadian Equity Low Beta Composite	32.18	19.99	12.47	13.57	11.17	12.30	-	-	-	-	11.12
S&P/TSX Index	26.74	17.83	9.52	13.87	10.95	10.29	-	-	-	-	9.39
Value Added	5.44	2.16	2.95	-0.30	0.22	2.01	-	-	-	-	1.73

1 Y
	%
Canadian Equity Low Beta Composite	32.18
S&P/TSX Index	26.74
Value Added	5.44

2 Y
	%
Canadian Equity Low Beta Composite	19.99
S&P/TSX Index	17.83
Value Added	2.16

3 Y
	%
Canadian Equity Low Beta Composite	12.47
S&P/TSX Index	9.52
Value Added	2.95

4 Y
	%
Canadian Equity Low Beta Composite	13.57
S&P/TSX Index	13.87
Value Added	-0.30

5 Y
	%
Canadian Equity Low Beta Composite	11.17
S&P/TSX Index	10.95
Value Added	0.22

6 Y
	%
Canadian Equity Low Beta Composite	12.30
S&P/TSX Index	10.29
Value Added	2.01

7 Y
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

8 Y
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

9 Y
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

10 Y
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

SI
	%
Canadian Equity Low Beta Composite	11.12
S&P/TSX Index	9.39
Value Added	1.73

Past performance is not a guarantee or indicator of future results. Inherent in any investment is the risk of loss.

Composite returns, presented gross of management fees

Investment Team

Alexandre Hocquard Ph.D.

Senior Portfolio Manager, Systematic Investment Strategies

Montreal

View profile

The SIS team combines expertise and experience in financial engineering, trading and execution to deliver superior client outcomes and service.

Documents

Strategy Profile

Disclaimer

The information provided herein does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information. Past performance is no guarantee of future results. Information pertaining to Fiera pooled funds is not to be construed as a public offering of securities in any jurisdictions of Canada. The offering of units of Fiera pooled fund is made pursuant to the fund’s Trust Agreement and only to those investors in jurisdictions of Canada who meet certain eligibility or minimum purchase requirements. Important information about Fiera pooled funds, including a statement of the fund’s investment objective, is contained in its Trust Agreement, a copy of which may be obtained from Fiera Capital Corporation. Unit values and investment returns will fluctuate. Please read the Trust Agreement of the pooled funds before investing. All performance data assume reinvestment of all distributions or dividends and do not take into account other charges or income taxes payable by any unitholder that would have reduced returns. Pooled funds are not guaranteed, their values change frequently and past performance may not be repeated.