STRATÉGIE

The BAM Long Short Equity Fund

A long short approach to North American small and mid-cap equities that aims to generate returns superior to traditional equity indices over full market cycles.

INVESTMENT PHILOSOPHY

Our investment beliefs

  • Our investment criteria are high, and a limited number of ideas earn a place in our portfolio. This philosophy translates into a concentrated portfolio of around 50 flagship stocks, which possess all the attributes we seek.

  • U.S. small-mid cap stocks and Canadian equities are subject to less research by analysts. As a result, they fluctuate less rapidly in the wake of news, and offer more attractive returns.

  • Over the long term, limiting losses in periods of downturns is key to generate superior compounded returns. A "long-short" portfolio is the most effective way of delivering solid returns to investors over full market cycles.

  • By prioritizing quality over quantity, we remain agile, which is particularly important in the small-mid cap market.

We believe in the importance of integrating ESG criteria

RESPONSIBLE INVESTING

Environmental, social and governance considerations are incorporated into our investment processes and framed by a formal policy. We engage directly with companies, exercise our proxy voting rights and measure the carbon footprint of our portfolio.

We are also committed to corporate social responsibility. In addition to valuing diversity and inclusion, community involvement is an integral part of our values: we carry out several volunteer activities and donate a portion of our revenues to various causes close to our hearts.

BAM is a PRI signatory, an entity that works to achieve a sustainable global financial system by encouraging the adoption of the Principles and collaboration on their implementation; by fostering good governance, integrity and accountability; and by addressing obstacles to a sustainable financial system that lie within market practices, structures and regulation.

Risk management is part of our DNA

Compliance culture

Signatory of the Standards Board for Alternative Investments

Automated risk management

Daily and monthly risk reports

Risk controls

Real-time processes for
risks and compliance

Our trusted partners

"Our style is not to call for a market top or a market bottom, it is to focus on stock-specific situations. We constantly look at new names and discuss with companies to gather market intelligence and uncover overlooked situations. If a sector is performing well, we think laterally to find interesting investment ideas that are not yet reflecting the changing market dynamics."

— Charles Haggar, Chief Investment Officer