What's the strategy?
The Mid Cap Canadian Equity (GWLIM) portfolio strategy invests primarily in mid-sized Canadian companies, and to a lesser extent, smaller capitalization Canadian companies with the potential for high growth and long-term capital appreciation.
It follows a growth-oriented management style that blends top-down macro-analysis with bottom-up fundamental stock research. The portfolio manager seeks to identify industry risks, competitive opportunities and macro trends to influence sector allocations. This is done alongside disciplined fundamental research to identify companies that are positioned to deliver strong results, such as having superior management, the flexibility of a small- or mid-cap company to adapt to changing economic conditions, and a competitive product or service advantage relative to industry peers. To a moderate degree, the portfolio manager can invest in U.S. stocks.
Why invest in this fund strategy?
Ideal for investors seeking to diversify their Canadian equity exposure with a portfolio of mid- and small-sized Canadian growth equities.
This portfolio can be an excellent diversifier from other core and mainstream Canadian equity portfolios. It tends to hold fewer “big banks” and has a broader opportunity set relative to large-cap Canadian equity portfolios. The Mid Cap Canadian equity (GWLIM) portfolio strategy offers a portfolio of companies with higher growth potential and the opportunity to participate in strong price appreciation at earlier stages of the investment lifecycle, as many mid-cap companies graduate into large-cap companies.
The portfolio is well diversified across sectors. In addition to offering a portfolio with a smaller average cap size than the broad market, typical portfolio characteristics include stronger growth and growth momentum metrics than the broad Canadian market index, the S&P/TSX Composite Index.
The portfolio has the flexibility to hold U.S. stocks, which provides the opportunity to add diversification and seek out attractive opportunities often not available in the Canadian market.
Data for institutional investors
Bryan is the lead portfolio manager of the GWLIM Mid Cap Canada portfolio.
He became a key member of GWLIM's Canadian equity team in 2001. For over a decade Bryan worked with the Canadian Mid Cap portfolio management team where he developed expertise and in-depth knowledge of this unique sector of the Canadian market.
He’s a CFA charterholder and earned an honours bachelor of commerce degree from the University of Manitoba.
Benchmark source: Copyright®, FTSE is a trade mark of FTSE International Ltd and is used under license. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); and TSX® is a registered trademark of TSX. Copyright®, MSCI Inc.
Portfolio attributes and rates of return reflect the portfolio strategy used by the London Life segregated fund shelf.
Past performance is no guarantee of future results.
There is no guarantee that investment objectives, or risk or return targets discussed in this material will be achieved. No part of this material may be reproduced or redistributed in any form without express written permission of GLC Asset Management Group Ltd. The data provided is for information purposes only. This material is not intended to be read in isolation and may not provide a full explanation of all the topics that are presented and discussed. Information contained in this material has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. Furthermore, there can be no assurance that any trends described in this material will continue or that forecasts will occur; economic and market conditions change frequently. This material should not be considered a recommendation or offer to purchase or sell any particular investment.
Composite benchmark is 100% S&P/TSX Completion (effective July 1, 2017). Previously the composite benchmark was 100% S&P/TSX Small Cap Composite.