Investment Strategies
FOR INSTITUTIONS
Canadian Small Cap Equity at a Glance
Year Launched
1995
Geography
• Canadian equity
• Up to 30% of the Fund may be invested outside of Canada
Market Cap
Max C$3 billion at initial purchase (effective February 1, 2022)
Number of Holdings
Concentrated: 30-75
Portfolio Breakdown
Active Share
94%
Average Annual Turnover
34%
Position Sizing
Maximum 10% of market value in any one company
Sector Limits
Maximum 40% of market value in any one sector
Holding Period (%)
As at December 31, 2024.
Active Share
Active share measures the degree to which a fund differs from its respective benchmark — the higher the active share, the lower the fund’s correlation to its benchmark (100 being completely different from the benchmark and zero being a replica of the benchmark).
Active share is calculated for the Burgundy Canadian Small Cap Equity Fund vs. the S&P/TSX Small Cap Index. Source: FactSet.
Average Annual Turnover
10-year average annual turnover is calculated using full calendar year portfolio turnover figures only. Partial inception year turnover figures are also excluded from the calculation, where applicable. Newer strategies are calculated since inception.
Portfolio Manager
STEPHEN SHUTTLEWORTH, CFA
VICE PRESIDENT, PORTFOLIO MANAGER
- Joined Burgundy in 2006
- 20 years of combined professional experience
Investment Team
Burgundy’s Investment Team consists of decentralized, autonomous, regional teams working in a unified, collaborative, idea-sharing environment in Toronto, Canada.
The Team concentrates on bottom-up fundamental research, frequently travelling around the world to study companies up close and meet with management teams face-to-face.
13
Portfolio Managers
12
Investment Analysts
22
Average PM Years Experience
Contact us to learn more
KYLE COATSWORTH, CFA
SENIOR VICE PRESIDENT, HEAD OF INSTITUTIONAL
