Company Spotlight: Finning

Sionna's Trader and Equity Research Analyst, Hunter Corcoran, provides an update on Finning International and outlines our thesis on the name.

The Limitations of Categorizing Stocks into Growth and Value Buckets

The practice of dividing stocks into rigid "growth" and "value" categories, or buckets as they are often referred, has become somewhat commonplace in today's investment landscape. Unfortunately, this binary classification system is far from perfect and can create significant limitations as it relates to portfolio construction.

Seek Cheaper Markets with Higher Expected Returns

Kim Shannon, CFA, MBA
Founder and Co-CIO

The Home Country Bias Series

In this installment of The Home Country Bias, we feature a core holding across many of our strategies - Canadian Tire (CTC).

The “Buy Canada” movement, paired with resilient consumer spending, targeted merchandising on behalf of CTC’s team, an expanded loyalty offering, and meaningful buyback activity, has positively impacted CTC's stock price this year. But, not all Canadian Tire’s success is due to the “luck” of being the quintessential Canadian retailer at a time of elevated patriotism.

Sionna’s Financial Market Review

Market Trends (2:39)  | Oil, LNG Expansion (15:55)  | Policy Impacting Canadian Energy (26:17) |  Telecommunications Holdings: Rogers and Quebecor (33:57)  |  Drivers of Lifeco’s Performance (43:10)  | Thesis on Empire and The North West Co. (48:47)  |  Views on Banks – Canada and abroad (58:40)  | Gold: Featuring Franco Nevada (1:02:12)  |  Thesis on GSK (1:07:06)

Company Spotlight: Gold

Portfolio Manager, Aleksy Wojcik, covers Sionna's gold exposure and outlines our thesis behind our selected gold holdings.

O Canada (Value Investor Insight)

Kim Shannon was recently interviewed by Value Investor Insight where she discussed some of the investment implications caused by the recent tensions between Canada and the U.S.

Has a U.S. Exceptionalism Theme Left Global Portfolios Exposed to Concentration Risk? (ACPM The Observer)

Stephen Jenkins wrote an article for ACPM's The Observer magazine discussing why investors may want to consider re-balancing away from an over-exposed U.S. stock market.

Buy Value Style, Buy International and Canada (Value Spain Conference)

Kim Shannon, CFA, MBA Founder and Co-CIO

When Uncertainty Leads to Opportunity

As the saying goes, “may you live in interesting times”, well from an investor’s point of view the past five years, nothing could be closer to the truth. Investors have witnessed some of the fastest moving market conditions with immense uncertainty and market volatility. The question at Sionna is why is this positive for Canada and specifically how could this benefit our portfolios?