Opportunity
The fund invests primarily in the energy sector in Canada -- a global leader with low geopolitical risk, large energy reserves, and a fast-growing production profile. In addition, the fund offers exposure to emerging markets through investments in developed world firms that are growing to meet new levels of global demand.
Strategy
By investing in small and mid cap energy companies, the portfolio managers aim to offer a favorable risk-reward opportunity in Canada's energy sector. It focuses on investing in growing companies with prospects that we identify as being superior to their peers. Through in-depth fundamental analysis conducted in the core of Canada’s resource sector, we identify the key factors that contribute to the success of resource companies, and develop a concentrated portfolio of 20 to 30 stocks that represent the best combination of value and growth.
The Norrep advantage
Niche expertise: With over a decade of proven outperformance in small/mid cap equity investing, our portfolio managers excel at identifying undervalued securities with significant growth potential before the market recognizes their value.
Unique access to decision-makers: Our Calgary-based portfolio management team has developed strong energy sector relationships to facilitate our fundamental analysis and inform our macro perspective on the sector. Access to timely information ensures that the fund is appropriately positioned for new developments and trends in the oil and gas industry.
Independent in-house research: Our research team excels at identifying undervalued securities with significant growth potential before the market recognizes their value. Our deep roster of in-house investment professionals allows the portfolio managers to objectively view the investment's merits.
Long-term focus: Realizing the full benefit of investing in inefficient markets requires a focus on long-term investment prospects. Short-term market turbulence is often an opportunity to selectively add to positions in our favourite investments.