Dividend Manager Stays True to Form

1832’s Don Simpson outperforms by hunting for hidden value amidst the uncertainty

Michael Ryval 1 October, 2020 | 1:18AM

UPS truck

Although much of the pandemic-induced bear market has recovered, when it comes to valuations, stocks can be split into two camps, says long-time value-oriented stock picker Don Simpson, as he seeks to find reasonable prices in both 'loved' and 'unloved' sides of the market. 

“The good companies that are in the right place and growing their margins and have all the secular growth opportunities are very well-loved right now,” says Simpson, vice-president at Toronto-based 1832 Asset Management and lead manager of the four-star rated $240.9 million Dynamic Canadian Dividend Series F. “We can’t say they are under-appreciated. But there is also a good reason why they are highly-priced.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Canadian Pacific Railway Ltd406.56 CAD-1.68
Microsoft Corp210.08 USD-2.84
Power Corporation of Canada26.21 CAD-2.09
Shopify Inc A1,038.05 USD1.15
The Home Depot Inc276.04 USD-2.46
United Parcel Service Inc Class B168.00 USD-2.27

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Michael Ryval  

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