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
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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 Ltd83.06 CAD0.14Rating
Microsoft Corp297.13 USD-0.81Rating
Power Corporation of Canada42.23 CAD0.28Rating
Shopify Inc A1,430.89 USD-3.10Rating
The Home Depot Inc336.52 USD0.18Rating
United Parcel Service Inc Class B188.10 USD0.70Rating

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Michael Ryval  

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