Philosophy   |  Strategies  |   Investment Team  |   Podcasts  |   Blogs
Jul 13, 2018 | Greg Dean

The purpose of this letter is to provide you with an update on first-half results across the Canadian and Global small-cap portfolios. But first, I?d like to start by discussing an important upcoming anniversary that serves to highlight two key things: the benefit of taking a long-term approach when investing; and the importance of well-reasoned decision-making. ... read more

Jun 15, 2018 | Stephen Groff

Early last year we published "Why we are not owners of Canadian Banks today,? which summarized our rationale for avoiding investing in the industry. Now, nearly 18 months later, we thought it was a good time to provide an update. We will touch on what has changed and then review capital levels, which we believe are important but less frequently discussed. Again, special thanks to our global financials analyst Danesh Rohinton on our team for providing much of the data and insights. ... read more

May 31, 2018 | Brandon Snow

?Never let the facts get in the way of a good story.?

-Attributed to Alan Radlo (originally Mark Twain)

... read more

May 18, 2018 | Greg Dean

I?ve been fortunate over the years to meet many of our clients ? both advisor partners, and the families and individuals who own our funds directly. Collecting feedback and thanking those who trust us with their hard-earned savings is one of my favourite parts of the job. Often on these visits I?m asked, ?So, which fund should I buy?? This is usually met with a blank stare by myself or a member of my team because the honest answer is, ?it depends?. That?s rarely the answer people expect, so I want to provide some context and draw parallels to a different industry in order to illustrate why I believe the investment professionals at Cambridge are not always best positioned to answer that question.... read more

Apr 27, 2018 | Paul Marcogliese

We have seen a substantial change in Canada?s interest rate landscape beginning in 2017 and continuing into 2018. During this period, the following developments occurred: The Bank of Canada raised the overnight lending rate to 1.0% from 0.5%; Canadian 2-year bond yields moved from 0.75% to 1.7%; and Canadian 10-year bond yields moved from 1.75% to 2%.... read more

Apr 20, 2018 | Robert Swanson

For a brief update on the Cambridge Asset Allocation Fund, please view our latest video. It covers the tactical nature of the fund as well as portfolio positioning in the context of current market volatility. As the Cambridge team has often stated, we focus on downside protection. We also err on the side of caution, especially as many investors have begun chasing returns within riskier areas of the market, such as digital coins and marijuana stocks.... read more