Our approach to investing begins with more than 20 years of fundamental research experience. Veritas Asset Management was founded to capitalize on the successful fundamental research of our affiliate Veritas Investment Research (‘VIR’). Throughout VIR’s 20+ years of producing independent research, it has proven that detailed, high-quality fundamental research produces better investment decisions. Our goal is to provide our investors with consistent risk-adjusted returns that beat investment benchmarks over the short and long term.
Our portfolios offer concentrated, high conviction positions in companies identified through our research and due diligence work, applying a disciplined and systematic selection process. Through our research, we identify opportunities to profit from mispriced securities, either by buying top-quality companies for long-term capital appreciation or through long-short hedging strategies. While our portfolios are primarily focused on Canadian equities, our portfolio managers also consider opportunities beyond Canada.
2021 has seen a lot of attention paid to how work and consumption patterns might evolve post-COVID. And certainly, there are a lot of opportunities for mispricing tied to these debates. As we look forward to the second half, we note a few things that haven’t changed as the global economy reopens: the world is still dominated by China-U.S. trade and China is still the largest buyer of most commodities. How these two economies manage their reopenings has important implications for Canadian investors.