Foundations & Endowments

Partnering with foundations, endowments and not-for-profits since 1994

Relationship with Burgundy

Burgundy understands that foundations, endowments and not-for-profit organizations are stewards of capital that must be managed, sustained and grown over the long term. As discretionary investment managers and fiduciaries, we share our clients’ commitment to put the interests of the organization and its stakeholders first. As a client of Burgundy, there is no intermediary. Our clients have a direct relationship with the people who make investment decisions on their behalf.

We build relationships with foundations, endowments and not-for-profits who share our investment philosophy and long-term view, and who are looking for an independent investment manager with a strong track record of investing globally.

Investment Strategy

Our investment philosophy of long-term, quality-value investing is appropriate for foundations, endowments and not-for-profit organizations seeking a combination of capital preservation, growth and income. We work directly with our clients to meet a specific investment need, or to devise a customized investment strategy that meets the overall investment objectives of the organization.

Our customized investment strategies leverage Burgundy’s proprietary investment platform. For over 25 years, our Investment Team has built a deep understanding of investment opportunities in fixed income and equities, and within equities across the geographic regions of Canada, the U.S., Europe, Asia and Emerging Markets.

Our Foundation, Endowment and Not-for-Profit Clients

We manage assets for more than 170 not-for-profit clients throughout Canada and internationally (as of June 2017) and our diverse clients include some of the 50 largest foundations and endowments in North America.

Burgundy's Philanthropic Client Breakdown Endowments, foundations and other philanthropic organizations (as of June 30, 2017) 27.46% Education 21.49% Research & Aid 16.06% Family 13.45% Hospital & Health 5.33% Arts 16.20% Other*

*Other includes: Community, First Nations, Public and Religious

Communication

We believe in clear and open communication. In addition to extensive investment reporting, our clients receive original communication pieces and invitations to educational events to better understand our views regarding particular subjects and market events. We work with our clients to help them understand their investments, because we believe education about investing is an essential component of long-term investment success.

Contact Us to Learn More

Shihab Zubair

Canada

Kyle Coatsworth

U.S.

Eric Goldstrand

International

Notice to Non-Canadian Investors

The information contained on this Site does not constitute an offer or solicitation to buy or sell any investment fund or other product or service to anyone in any jurisdiction in which an offer or solicitation is not authorized or is unlawful.

Burgundy provides investment advisory services to non-Canadian persons and investors (including U.S. Persons) where permitted by law. Prospective investors who are not resident in Canada should consult with Burgundy to determine if these securities may lawfully be sold in their jurisdiction. By accepting these terms you acknowledge and represent that you are an investor resident in Canada. If you are not a Canadian resident, you may return to Burgundy’s Site by declining these terms.

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WHAT IS MiFID II?

The Markets in Financial Instruments Directive II (MiFID II) is a regulation that took effect January 2018 that aims to increase market transparency across the European Union (EU) through the standardization of the regulatory disclosures required for individual markets. It is one of the most significant regulatory changes to impact the global asset management industry. The MiFID II reforms cover a number of key topics including: best execution, conflicts of interest, bundled commissions, and payments for research & trading.

BURGUNDY’S APPROACH TO MiFID II

At Burgundy, we follow a disciplined, bottom-up, value-driven approach to investment research, supported by intensive fundamental research. We believe that conducting our own research is the backbone of our success. From time to time we have used external research paid for using broker commissions to supplement our own research, but we do not rely on external research in our decision-making.

We always approach our decision-making with the guiding principles of fairness and transparency in mind such that all our clients are treated equally.

As of January 3, 2018, Burgundy has gone execution-only on all trades and will absorb all external research costs related to our equity mandates for all clients, regardless of domicile. We will not pass these broker research commissions on to our clients, nor will our fees change as a result of this policy.