Bridgehouse launches Sionna Opportunities

Morningstar Canada 15 May, 2014 | 6:10AM
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Bridgehouse Asset Managers today announced the launch of a new Canadian-focused equity fund managed by Sionna Investment Managers Inc.

The newest member of the Bridgehouse family of funds is Sionna Opportunities, whose strategy is to hold a concentrated portfolio of 20 to 30 of Sionna's top ideas.

Up to 49% of the fund may be held in non-Canadian equities, and it will invest in stocks ranging from small-capitalization issues to large-caps. The portfolio manager is  Teresa Lee, who has 19 years of investment experience including 11 years at Sionna, an independent value-style firm based in Toronto.

Lee and her colleagues, including president and chief investment officer Kim Shannon, will focus on companies that are trading at discounts to Sionna's estimates of intrinsic value and that demonstrate attractive risk-return attributes.

The fund is available in front-end-load, deferred sales charge, low-load, fee-based and high-net-worth purchase options.

Bridgehouse Asset Managers is the trade name of Brandes Investment Partners & Co. The fund company offers mutual funds bearing the Brandes, Sionna and Lazard brand names.

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