Small-cap specialist sees opportunities in natural resources

Fiera's Michael Chan has also found select companies in industrials and in niche markets within consumer discretionary.

Sonita Horvitch 27 June, 2018 | 5:00PM

Michael Chan, vice-president and senior portfolio manager at Fiera Capital, says that investors should not be put off by the relatively poor performance of Canadian small-caps so far this year, but rather focus on the excellent growth opportunities in this universe.

"We have found select companies in sectors such as energy, mining, industrials and in niche markets in the consumer discretionary sector," Chan says.

A long-time specialist in small-caps and a growth manager, Chan argues that the case for investors to hold a portion of their equity portfolios in small-caps remains. "There are a number of listed emerging Canadian companies run by solid management with a good track record of creating shareholder value that are currently flying below the radar."

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
ATS Automation Tooling Systems Inc19.85 CAD-0.75
Brookfield Asset Management Inc Class A90.00 CAD-0.57
Brookfield Business Partners LP60.59 CAD-0.92
Ero Copper Corp17.07 CAD-3.01
Kelt Exploration Ltd3.71 CAD-5.60
Major Drilling Group International Inc5.25 CAD1.74
Park Lawn Corp27.81 CAD-0.07
Uni-Select Inc11.82 CAD-1.42
Winpak Ltd45.88 CAD-3.55

About Author

Sonita Horvitch

Sonita Horvitch