Providing investors with a balanced perspective, Massif Capital

Massif Capital Research

Research focused on providing investors with a balanced perspective on the environmental and economic realities of achieving a carbon-neutral economy for businesses within the Energy, Basic Materials and Industrial industries

Providing investors with a balanced perspective

Massif Capital

Research focused on providing investors with a balanced perspective on the environmental and economic realities of achieving a carbon-neutral economy for businesses within the Energy, Basic Materials and Industrial industries.

The Massif Capital Real Asset Strategy is a global long/short equity strategy built around bottom-up stock picking. We are focused on creating a portfolio of businesses from within the Energy, Basic Materials and Industrial sectors that balance the environmental and economic realities of achieving a carbon-neutral economy.

Cross Asset Strategy

<ul><li>The S&amp;P/TSX Composite has fallen 15% or more from a closing high sixteen times since 1979.</li><li>The average drawdown during those episodes was 27.6% over eight months; the median was 23.4% over six.</li><li>The gap is almost entirely the two structural bears, 2000-02 and 2008-09, which fell roughly 50% and took an average of 51 months to regain their peaks.</li></ul>

The S&amp;P/TSX Composite has fallen 15% or more from a closing high sixteen times since 1979.The average drawdown during those episodes was 27.6% over eight months; the median was 23.4% over six.The gap is almost entirely the two structural bears, 2000-02 and 2008-09, which fell roughly 50% and took an average of 51 months to regain their peaks.

Anatomy of a Canadian Bear