This manager thinks like an owner

EdgePoint's Frank Mullen diversifies his business ideas and seeks out local champions

Diana Cawfield 8 August, 2019 | 2:04AM
Facebook Twitter LinkedIn


To protect capital in any market cycle, the investment team at EdgePoint Investment Management Inc. uses “proprietary insights” to assess diverse businesses, says Frank Mullen, a portfolio manager for the gold-rated EdgePoint Canadian Growth and Income mandate.  

“We think of ourselves as business owners,” says Mullen, “using a stock market to purchase a fraction of ownership of a business. So we look at the long-term competitive advantages of a business over the next three to five years. We think about what’s our edge from that perspective when making an investment. What do we see that the market doesn’t see?” 

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

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Nova Scotia61.68 USD0.00Rating
Constellation Software Inc1,737.00 USD0.00
EdgePoint Cdn Growth & Income Port Sr A25.15 CAD0.15Rating
Fairfax Financial Holdings Ltd Shs Subord.Vtg416.98 USD0.00
Manulife Financial Corp19.38 USD0.00Rating
Onex Corp91.69 CAD0.00
The Toronto-Dominion Bank65.73 USD0.00Rating

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        Cookies