By Scott Ronalds
Tom was on BNN earlier today discussing how Steadyhand’s funds are positioned to tap into the global recovery and growth in the emerging markets.
Unlike some managers, our approach isn’t focused on loading up on mining stocks and direct plays on China. Rather, we want exposure to profitable, growing businesses with a broad global reach at the best prices we can find.
In our view, this means concentrating on energy (oil), technology and consumer-related stocks, among others. We also believe it’s wise to have healthy exposure to companies outside Canada. In particular, our managers are finding value in European and Japanese companies that have a leg in the emerging markets.
Some call it a contrarian approach. We call it balanced.
Click here to watch the clip.