‘We’re looking for tomorrow’s leaders today,’ says Anil Tahiliani, senior portfolio manager at Matco Financial in Calgary
Money manager Anil Tahiliani is less focused on the macroeconomic environment when picking stocks, preferring to drill down into individual companies to find growth potential.
Matco Opportunities Fund, focused on small and mid-cap growth companies, includes about 25 stocks. It focuses on growth companies at or near inflection points. The fund’s top three sectors as of July 31 included technology at 29 per cent, energy at 24 per cent, and industrials at 16 per cent. Its repeat customers continue to grow, and it recently announced a major partnership with Telus Health to allow direct insurance billing to various insurance providers here in Canada. We believe the company can hit $500-million in sales over the next few years. The stock is up 149 per cent since I started buying in February, 2023, and finished building our position in May, 2023.
We also expect it to benefit from the reshoring of select manufacturing. The company recently reported quarterly sales that were up 14 per cent year-over-year. The stock is up 190 per cent since we started buying in April, 2023, and finished building our position in May, 2023,
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