Laurus Investment Counsel (Laurus) has been added to the SEI Canadian Small Company Equity Fund (the Fund). Laurus is a benchmark-agnostic investment manager that focuses on companies with strong management and business models that benefit from the power of long-term compounding. This strategy aligns with our stability alpha source.

Addition of Laurus

What They Do

Laurus describes its investment philosophy as “quality at a reasonable price.” The investment team focuses on companies with high-quality management teams that have a sustainable competitive advantage. The team looks to buy these companies at a discount to intrinsic value. Laurus thinks long-term and believes the best way to outperform is to invest in high-quality companies with sustainable business models by not overpaying and letting the businesses compound over time.

How They Do It

Laurus’ investment universe is Canadian equities with market capitalizations between $100 million and $3 billion. The team looks for companies that have a sustainable competitive advantage, strong cash flow generation and strong management team. They believe there are only about 50 companies under $3 billion in Canada that meet their criteria.

The portfolio is benchmark-agnostic and conviction-weighted. It will be fairly concentrated with 25 to 40 holdings, diversified by sector. The portfolio tends to always be underweight resource stocks, given its focus on stability.

About Laurus

Laurus Investment Counsel was founded in May 2014 and is based in Toronto, Canada. As of December 31, 2017, the firm had CAD$411 million in assets under management.












Important Information

SEI Investments Canada Company, a wholly owned subsidiary of SEI Investments Company, is the Manager of the SEI Funds in Canada. The information contained herein is for general and educational information purposes only and is not intended to constitute legal, tax, accounting, securities, research or investment advice regarding the Funds or any security in particular, nor an opinion regarding the appropriateness of any investment. This information should not be construed as a recommendation to purchase or sell a security, derivative or futures contract. You should not act or rely on the information contained herein without obtaining specific legal, tax, accounting and investment advice from an investment professional. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. There is no assurance as of the date of this material that the securities mentioned remain in or out of the SEI Funds. The portfolio managers or the allocations of assets to a particular portfolio manager are subject to change from time to time at the Manager’s discretion. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus or other offering documents before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.