Aubrey Hearn, lead manager for Sentry Small/Mid Cap Income Fund and vice president of Sentry Investments, discusses the benefits of investing in mid- and small-cap stocks and his investment strategies for the fund. He spoke at the TMX Broadcast Centre in Toronto.
Canadian small-cap roundtable: part 2
Canadian small-cap equities roundtable: part 1
Volatile markets have taken much of the shine off small-caps. But there are reasons to consider these “riskier” investments
Small-cap energy and resources stocks are risky and volatile
International small-cap stocks offer investors great diversification
“Looking at the market in general, we don’t think valuations are stretched,” says one small- and mid-cap fund manager
It may be, but one small-cap fund manager says the market is now “overshooting the fundamentals”
Clients will still need patience to cope with the volatility of these stocks
If a fund’s portfolio is concentrated in illiquid small-cap or micro-cap companies, redemptions could be hard to meet