LATEST INSIGHTS

Gold-Platinum Ratio Set to Decline

The gold-platinum ratio hit a new 20-year high of 1.46x in the first week of April. The two precious metals have diverged dramatically since 2008 when platinum hit an all-time high of $2,251/oz and the gold-platinum ratio bottomed at 0.4x. As seen in Chart 1, the gold-platinum ratio has...

Continue reading

Stick to Gold Bullion during Market Drawdowns

Historically, gold bullion has performed well during periods of stock market turbulence. For example, during the 2008 Great Recession, gold rose over 20% while the S&P 500 fell 57% from its 2007 peak to its March 2009 bottom. Over the course of the prior major market decline...

Continue reading

Digging Beyond Profit Margins

Profit margins for the S&P 500 constituents, excluding financials and companies in volatile sectors such energy and materials, have been steadily rising since the end of the 2001-2002 recession (Chart 1). The median 2016 EBITDA margin for this group was 22.6%, an all-time high. The median net margin came in at...

Continue reading

GENERATION GLOBAL VALUE PRIVATE TRUST
WHAT SETS IT APART

Value Approach

As value investors we tend to be contrarian, investing in undervalued companies that we believe are temporarily out-of-favor but misunderstood. We prefer businesses with strong moats and competitive advantages, led by management teams incentivized to maximize return on capital.

Global
Canada comprises only 4% of global stock market capitalization. Our go anywhere approach provides more opportunities.
Trade Optimization

Proprietary models are used in an attempt to optimize the timing of buys/sells of our investment ideas.

Market Risk Management

Proprietary models are used to monitor numerous global markets and commodities, alerting us to potential bear markets.

Economic Risk Management

Proprietary economic models are used to monitor the business cycles of the major global economies. 

Multi-Asset/Opportunistic

We may consider employing short positions, option positions or other strategies, either opportunistically or for risk management, to reduce volatility, mitigate drawdowns and lower correlations to the overall market.