NEI small-cap fund manager has a 'laser sharp focus' on quality

With continuing trade conflicts, heightened consumer debt and rising interest rates, it is vital to find companies that can stay healthy in tough times, says Steven Kim

Jade Hemeon 10 January, 2019 | 6:00PM

Steven Kim, associate portfolio manager at Calgary-based QV Investors Inc, and a member of the team managing NEI Canadian Small Cap Equity RS F, aims to buy the highest quality companies when their shares are trading below intrinsic value, and then hang on for the long-term.

“We seek companies with strong balance sheets and superior cash generation ability,” says Kim, who works with fellow QV team member Ian Cooke on the mandate.

The four-star, gold-rated fund has trounced both its benchmark index, as well as its peers in Morningstar’s Canadian Small/Mid Cap Equity Category during both the short and long-term performance periods.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Aritzia Inc18.14 CAD0.83
Badger Daylighting Ltd28.76 CAD-0.55
Canadian Western Bank22.59 CAD-3.38
Cominar Real Estate Investment Trust7.72 CAD-2.03
Crombie Real Estate Investment Trust13.10 CAD-0.46
Element Fleet Management Corp9.79 CAD0.93
Gibson Energy Inc21.30 CAD-0.19
Lassonde Industries Inc162.68 CAD4.28
Leon's Furniture Ltd13.56 CAD-1.38
Parkland Fuel Corp38.72 CAD2.41
Peyto Exploration & Development Corp2.46 CAD-4.28
Ritchie Bros Auctioneers Inc59.59 CAD1.14
Secure Energy Services Inc1.16 CAD-4.92

About Author

Jade Hemeon

Jade Hemeon  

© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Member User Agreement        Cookies