Blog: Cutting Through the Noise
Postings
Video: Equity Fund Update
Excerpt from Scott Ronalds's blog on May 22, 2013
We caught up with Gord O’Reilly earlier this month for an update on the Equity Fund. Gord is a founding partner of CGOV (he’s the "O"), the firm that manages the fund. The portfolio has performed well over the last few years and we wanted to provide...Read More
Video: Global Equity Fund Update
Excerpt from Scott Ronalds's blog on May 16, 2013
We met with Edinburgh Partners Limited’s Craig Armour recently for a thorough review of our Global Equity Fund. Craig is an investment partner at EPL and manages the fund. EPL’s investment strategy has been out-of-favour with global markets, and as such...Read More
Strategizing
Excerpt from Scott Ronalds's blog on April 19, 2013
We held our annual strategy session on Wednesday afternoon. Every year we lock ourselves in a room for 4-5 hours (or more), tune out the outside world, review the current state of our business and hash around ideas, thoughts and strategies on the...Read More
Podcast: First Quarter Review
Excerpt from Scott Ronalds's blog on April 16, 2013
It was a strong start to the year for stocks around the globe, with the MSCI World Index gaining 10% (in Canadian dollar terms). U.S. and Japanese stocks were among the top performers, while Canada was one of the weaker performing markets (up 3%) as a result of its heavy weighting in gold and mining stocks. Bonds also had a positive quarter, albeit a much more modest one, led by a strengthening in corporate...
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Bradley's Brief - Q1 2013
Excerpt from Scott Ronalds's blog on April 11, 2013
From our Quarterly Report: “The Dow hit a new high. How much further can the market go? … Alcoa is the first major corporation to report quarterly earnings and will set the tone for what’s to come … the technical indicators are telling us … time for a pullback ...Read More
Purchasing Steadyhand through Discount Brokers - Clearing the Air
Excerpt from Scott Ronalds's blog on March 27, 2013
We’ve had a lot of calls lately from investors looking to purchase our funds through discount brokers. The questions often relate to availability, fees and fund codes. There seems to be some misinformation on the topic, so we felt it was a good time to...Read More
Distributions: Cut it Out
Excerpt from Scott Ronalds's blog on March 26, 2013
It’s stingy times for income investors. Government of Canada bonds are yielding less than 2% (5-year maturities are at 1.3% and 10-year maturities at 1.8%) and high quality corporate bonds are only 1-1.5% higher. Dividend-paying stocks are paying...Read More
25 in Action
Excerpt from Scott Ronalds's blog on March 21, 2013
Quick background: CGOV Asset Management is the manager of our Equity Fund. The firm has a distinct investment process, one facet of which is that they won’t own more than 25 stocks. We love this discipline as it ensures they focus on their best ideas and...Read More
America - Cheer Up
Excerpt from Scott Ronalds's blog on March 19, 2013
The latest edition of The Economist has a special report on America’s competitiveness, titled Cheer Up. It examines the areas which are the “source of the most hand-wringing” among observers: innovation, energy, education, immigration, infrastructure...Read More
Just the Right Thing to do?
Excerpt from Scott Ronalds's blog on February 21, 2013
The Canadian clients of Ally Financial got news this week that the sale of the firm to RBC has been completed, the interest rate on their high-interest savings accounts is being reduced from 1.8% to 1.2%, and their accounts will be closed on April 30th, as reported...Read More
Presentation Summary: Where to From Here?
Excerpt from Scott Ronalds's blog on February 15, 2013
We wrapped up our cross-country client presentations this month after visiting five cities. If you weren’t able to attend one of our sessions, or are looking to revisit some of the themes we touched on, we’ve produced a summary of the event that hits on the...Read More
Don't Read Too Much Into an Address
Excerpt from Scott Ronalds's blog on February 12, 2013
The Asia Pacific is the fastest growing economic region in the world. Not surprisingly, many multinational companies are increasingly focusing on selling their goods and services in countries such as China, Indonesia, Singapore, Vietnam, and the...Read More
