News & Insights

U.S. dollar purchase option now available for Beutel Goodman American Equity Fund

1 June 2020

TORONTO- June 1, 2020—We are pleased to announce that as of today, we are able to offer investors a U.S. dollar purchase option for the Beutel Goodman American Equity Fund (the Fund).

“The U.S. dollar option is a convenient offering for investors holding USD, who are looking to benefit from the large and diversified U.S. market, but would prefer to avoid foreign exchange costs when buying or selling,” says Paul Hamilton, Vice President, Managed Assets.

The Beutel Goodman American Equity Fund is co-managed by Rui Cardoso, Managing Director, U.S. and International Equities and Glenn Fortin, Vice President, U.S. and International Equities and has a minimum initial investment of $5,000, with subsequent purchases of $100 for Classes B, D and F.

The strategy is managed with Beutel Goodman’s disciplined equity investment process using bottom-up, fundamental research to invest in companies at discounts to their business value, as defined by the present value of their sustainable free cash flow. The Fund represents a concentrated portfolio of the team’s highest conviction ideas, with a bias towards mid- to large-cap U.S. companies and a long-term investment horizon. The team ensures adequate diversification by imposing limitations on the maximum weight in any individual security or sector.

Fund codes:

Beutel Goodman American Equity Fund (USD), Class B BTG308U
Beutel Goodman American Equity Fund (USD), Class D BTG774U
Beutel Goodman American Equity Fund (USD), Class F BTG105U

 

About Beutel, Goodman & Company Ltd.

Beutel, Goodman & Company Ltd. is a privately owned, independent Canadian investment manager with $35.2 billion in assets under management as at March 31, 2020. For over 50 years, we have been dedicated to helping our institutional, private wealth and retail clients achieve their long-term investment goals. As value investors, high-conviction ideas and a focus on capital preservation are the cornerstones of our disciplined research process. For more information about Beutel Goodman and our actively managed portfolios, visit www.beutelgoodman.com.

-30-

Clients seeking further information may contact their relationship manager.

For all other inquiries:

Nancy Turner
Vice President, Communications and Marketing
nturner@beutelgoodman.com
416-480-6453

 

Download PDF

 

Subscribe to our newsletter