(September 22 – 12:40 ET) – COTE 100 Inc. of St-Bruno, Quebec and Gestion Aequilibrium Inc. of St-Hyacinthe, Quebec are merging.
The total assets managed by the two companies will reach $440 million (Cdn). The two organizations, whose activities are complementary, will remain separate entities.
COTE 100 is a Canadian leader in the management of growth stock mutual funds. Gestion Aequilibrium specializes in the management of private fortunes.
COTE 100 has realized a 21.6% compounded annual return since 1990 for a major Quebec based pension fund (STCUM), Société de transport de la Communauté Urbaine de Montréal. The COTE 100 RRSP Fund achieved a 13% compounded return between 1992 and 1999 and the COTE 100 Financial Newsletter portfolio, a compounded return of 17.2% since 1988. Gestion Aequilibrium has regularly posted above-average returns over the last few years.
The two companies will retain their combined staff of 16 employees.
Along with the announcement of its merger with Gestion Aequilibrium, COTE 100 also launched a new family of funds: the COTE VTA (Tangible Added Value) Funds. The family of four distinct funds will be managed by Gestion Aequilibrium.
-IE Staff
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