This portfolio manager’s small-cap fund returned 67 per cent in the past year

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This portfolio manager’s small-cap fund returned 67 per cent in the past year
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Jordan Zinberg of Bedford Park Capital in Toronto is portfolio manager of the $100-million Bedford Park Opportunities Fund, which largely focuses on Canadian small- and mid-cap equities

While many investors steer clear of small-cap stocks given their volatility, money manager Jordan Zinberg seeks them out.

“Our objective is to get involved with small and fast-growing companies early in their life cycle and then look to capitalize as profits grow and as valuation multiples expand. With smaller companies, we also have better access to management teams,” he adds. “And because small- and mid-cap stocks tend to be more volatile than large-cap stocks, it can create trading opportunities.”

We’re stock pickers. We don’t spend a lot of time looking at macroeconomic variables. Instead, we focus the majority of our time looking at individual companies. Our fund invests exclusively in Canada, focusing on high-quality, Canadian small- and mid-cap growth stocks. Our portfolio is very eclectic and relatively concentrated. We currently own 19 stocks and one bond – the Source Energy Services corporate bond maturing in the first quarter of 2025 – so we own the company’s equity and debt.

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