While many investors are doubling down on U.S.-listed securities ahead of president-elect Donald Trump’s return to the White House, money manager Vishal Patel is swapping some of his U.S. holdings for a few well-known Canadian stocks he believes will outperform in the coming months and years.
“We’re going to continue making a lot of money,” adds Mr. Patel, whose Dynamic Power Canadian Growth Fund – Series F has returned 40.3 per cent year to date and 41.7 per cent over the past 12 months. Its three-year annualized return is 13.3 per cent, and its five-year annualized return is 17 per cent. The performance data are based on total returns, net of fees, as of Dec. 13.
The Globe spoke with Mr. Patel about three Canadian stocks he’s owned for about five years and is buying more of, as well as one stock he’s selling:, the leading convenience store chain, is a Canadian success story. It’s a business that started in Quebec and spread to the rest of Canada, the U.S. and globally. It’s an excellent operator.. Our investment thesis isn’t predicated on whether that deal is successful.
Nederland Laatste Nieuws, Nederland Headlines
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