Market Update: The Path Back to Normalcy (Audio)
Listen as Stephen Jenkins outlines what the recent U.S. election results and the announcement of a potential COVID-19 vaccine could mean for value stocks.
published November 2020
posted in Soundbites
published November 2020
posted in Soundbites
Sionna’s Value Pick
Kim recently presented one of Sionna's value stock picks at the Capitalize for Kids Investors Conference, an event that raises money for kids' mental health. Read her script from the presentation as she slowly reveals the stock, which happens to be in the currently "unloved" energy sector.
published October 2020
posted in Video
Female Manager Summit (Outstanding Investors Online)
Kim Shannon, President and Co-Chief Investment Officer
published October 2020
Company Spotlight – Nutrien (Audio)
Listen as Jackie Au, recently appointed Portfolio Manager, discusses our thesis behind Nutrien, the world's largest producer of fertilizer and a holding in Sionna's large-cap strategy.
published October 2020
posted in Insights
The Mind and Mispricing
One of the few certainties in investing is the ubiquitous presence of uncertainty. As an investment manager, it is our business to deal with uncertainties as well as the attendant opportunities and risks that uncertain situations present. At Sionna, we spend a lot of time thinking about the behavioural dynamics that can drive mispricing in the market and how uncertainty plays a role.
published September 2020
posted in Soundbites
An Overlooked Opportunity Right on our Doorstep
Canadians tend to be a boast-avoidant and somewhat self-deprecating nation. Stock market valuations are a mélange of financial fundamentals and human perceptions, including our modest national self-perception, which in turn influences our perception of the TSX. Too often we allow our Canadian market to be dismissed as too small, too resource weighted, too cyclical, too idiosyncratic and thus too risky to be considered a core investment. But, let’s examine these prevalent perceptions and see what hidden opportunities we can find.
published September 2020
posted in Media
Don’t Panic, but be Prepared. An Investors’ Survival Guide for the Unstable, Uncertain and Volatile Months Ahead (The Globe and Mail)
Kim Shannon discusses why the Canadian market is particularly attractive right now.
published September 2020
posted in investment
Aleksy Wojcik
Aleksy joined Sionna in 2020 as a Portfolio Manager. He is a member of Sionna’s Canadian Equity team and contributes to Sionna’s domestic strategies. Aleksy has more than 25 years of industry experience, most recently as VP Investments and Portfolio Manager at CI Harbour Advisors where he focused on award-winning Canadian Equity and Canadian Balanced portfolios. Aleksy is graduate of the University of Toronto, where he earned a Bachelor of Arts, Economics degree and is a CFA® charterholder.
published August 2020
posted in Media
The Pendulum’s Swing Back to Value is Only a Matter of Time (Les Affaires)
Stephen Jenkins discusses our conviction in the value style and where we are finding opportunities within Sionna's North American strategy. This article has been translated with permission from Les Affaires.
published July 2020
posted in Insights
Navigating Through Disruption
Following sharp declines in March, the stock market staged an impressive recovery during the second quarter of 2020. While we were a bit surprised by the speed with which this happened, we also understood that, historically, the largest market gains can be found immediately following sharp declines. March was ugly, but the selloff created many value investment opportunities for us, as selloffs usually do.