We have created an investment firm
of which we would want to be clients

— John Ewing & Darcy Morris


Opportunities Fund
Flexible Fixed Income Fund
Dark Horse Fund

Download our investor letters
and investor day transcript

Quarterly Letter PDF

Annual Letter PDF

Investor Day PDF

Press

Roy Thomson- Canada’s First Great Capital Allocator

Thoughts on Diversification

Incentives in Investment Management

Thoughts on the Concept of Investment Risk

Un-businesslike Approach to Investing

Studying Industry Change

Betting Against Kraft, Campbell Bonds Pays Off as Amazon Lurks

Quality isn’t what it seems when it comes to bonds