Institutions

Partnering with institutions since 1994.

Relationship with Burgundy

We build relationships with institutions that 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. 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.

Investment Strategy

Burgundy applies a rigorous, research-based, quality-value, long-term investing approach to preserving and growing our clients’ capital. We work directly with our clients to meet a specific investment need. 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.

We have developed skills progressively, region by region, over 20 years:

1991 - Canadian Equity Strategy 1996 - U.S. Equity Strategy 1998 - Asian Equity Strategy 2000 - European Equity Strategy 2004 - Fixed Income Strategy 2010 - Emerging Markets Strategy

Our Institutional Clients

We manage assets for public and corporate pension funds, foundations and endowments, universities, corporations, insurance companies and First Nations clients. The depth of our global research capabilities has been trusted by institutional clients in Canada, the U.S. and internationally for their global and domestically-allocated portfolios.

Distribution of assets under management (AUM) As of June 30, 2017 38% International Equities 35% U.S. Equities 22% Canadian Equities 5% Fixed Income

Institutional client distribution by geography As of June 30, 2017 63% Canadian Institutional 19% U.S. Institutional 18% International Institutional

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 taking effect in 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.