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
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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 Inc113.80 CAD-1.23Rating
Canadian Western Bank39.57 CAD0.18
CCL Industries Inc B- Non-Voting67.25 CAD0.09
Colliers International Group Inc178.79 CAD0.49
Equitable Group Inc153.31 CAD0.72
FirstService Corp249.33 CAD0.63
Home Capital Group Inc39.76 CAD0.33
Linamar Corp67.89 CAD-1.28
Uni-Select Inc18.18 CAD0.50
Winpak Ltd39.72 CAD0.66

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Sonita Horvitch

Sonita Horvitch  

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