Robert Haber- Haber Trilix Advisors, LP

Boston-based manager pursues "Go Canada" theme.

Diana Cawfield 7 December, 2012 | 7:00PM
Facebook Twitter LinkedIn

Canada remains the main investment focus for Boston-based Robert Haber, an American who formerly headed Fidelity's "Team Canada" and is now a sub-advisor for Calgary-based Canoe Financial LP. "I believe that, eventually, there will be a bull market of significance in Canada in equities," says Haber, CEO and chief investment officer at Haber Trilix Advisors, LP. "Canadians will play and play hard. We want to be in a position to invest there and also to have products to serve that need."

Haber's biggest role at Canoe -- whose mantra is "Go Canada" -- is managing the $1.3-billion Canoe EnerVest Diversified Income Trust (EIT.UN/TSE). He says this fund best illustrates the investment philosophy that runs throughout his mandates. He also manages two other closed-end funds -- Canoe Strategic Resources Income (CSR.UN/TSE) and Canoe GO CANADA Income (GCI.UN/TSE), which are both set to merge into one of Canoe's open-end funds later this month -- as well as the open-end Canoe Canadian Equity Class and Canoe Canadian Asset Allocation Class. In all, Haber manages approximately $1.5 billion for Canoe.

Haber made "massive changes" when he took over Canoe EnerVest Diversified Income in November 2010. At that time, the fund was populated almost exclusively with income trusts "that were going away pretty quickly at that point" because of federal tax changes. As well, even though Haber is a "big bull on materials and energy," the fund was not diversified among the various sectors and did not have any U.S. holdings.

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
Facebook Twitter LinkedIn

About Author

Diana Cawfield

Diana Cawfield  Diana Cawfield is an award-winning writer who has been a regular Morningstar contributor since 2000. Her numerous publication credits include the Toronto StarAdvisor's Edge and Chatelaine, as well as the Canadian Securities Institute's online educational services.

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy