Canadian small-cap stocks go on sale

Beutel's Stephen Arpin says he's taken advantage of market pullback.

Sonita Horvitch 2 September, 2015 | 5:00PM

Stephen Arpin, vice-president and portfolio manager at Beutel Goodman, says the recent sharp pullback in the Canadian equity market resulted in some irrational pricing of high-quality small-cap businesses with strong fundamentals.

"Investors were selling stocks indiscriminately and we selectively took advantage of the weakness in the stock prices, to add to holdings," says Arpin, who is a small-cap specialist and value manager.

There has been much discussion about the potential for a material slowdown in China's economic growth, says Arpin. "If this comes to pass, this will likely put additional downward pressure on commodity prices."

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
BRP Inc58.41 CAD1.94
Canadian Western Bank24.04 CAD0.75
CCL Industries Inc B- Non-Voting43.95 CAD1.90
Colliers International Group Inc79.83 CAD2.36
Equitable Group Inc70.63 CAD1.12
FirstService Corp139.20 CAD3.41
Home Capital Group Inc20.07 CAD1.98
Linamar Corp38.25 CAD0.31
Uni-Select Inc8.51 CAD-5.44
Winpak Ltd41.23 CAD2.38

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Sonita Horvitch

Sonita Horvitch  

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