David Burrows, president and chief investment strategist at Barometer Capital Management

Focus: North American large caps
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MARKET OUTLOOK
"I think it's an interesting time to be a portfolio manager or an investor for a whole bunch of reasons. I suppose certainly it adds some excitement with some of the tweets that come out [of the White House]. But, really now, since last February, we've been in a very productive equity market, and we're having a little pause right now, which I don't think should take very long. But we're in a market where — it's interesting, no offence to the media, but there has been this great focus on passive low-fee investing and being a sort of index investor at precisely the moment when correlations, or the degree to which stocks behave the same and sectors behave the same, is at its lowest level in 15 years. So the opportunity to target specific themes and companies is really an outsized opportunity right now, and I hope people are able to take advantage of it."

TOP PICKS

David Burrows - Top Picks

David Burrows of Barometer Capital shares his top picks: Bank of America, Adobe and Ingersoll-Rand.

BANK OF AMERICA (BAC.N) – Last purchased on March 21 at $23.03

ADOBE SYSTEMS (ADBE.O) – Last purchased on Feb. 28 at $118.16

INGERSOLL-RAND PLC (IR.N) – Last purchased on Nov. 8 at $71.13
 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
BAC N N Y
ADBE N N Y
IR N N Y


PAST PICKS: APRIL 19, 2016

David Burrows - Past Picks

David Burrows of Barometer Capital reviews his past picks: BlackRock, Honeywell and Franco-Nevada.

BLACKROCK (BLK.N)

  • Then: $364.66
  • Now: $379.15
  • Return: +3.97%
  • TR: +6.56%

HONEYWELL (HON.N)

  • Then: $115.14
  • Now: $123.34
  • Return: +7.12%
  • TR: +9.46%

FRANCO-NEVADA (FNV.TO)

  • Then: $88.03
  • Now: $92.53
  • Return: +5.11%
  • TR: +6.56%

TOTAL RETURN AVERAGE: +7.52%
 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
BLK N N N
HON N N N
FNV Y Y Y


FUND PROFILE: BAROMETER TACTICAL BALANCED POOL (CLASS F)

PERFORMANCE AS OF MARCH 31, 2017:

  • 1 month: Fund -0.1%*, Index** 0.6%
  • 1 year: Fund 13.5%*, Index** 9.1%
  • 3 years: Fund 10.1%*, Index** 4.3%

* Based on reinvested dividends and net of fees
** Index: Globe Tactical Balanced Peer Index


TOP HOLDINGS AND WEIGHTINGS

  1. AAPL.O: 3.45%
  2. MSFT.O: 3.17%
  3. AQN.TO: 3.13%
  4. TD.TO: 2.95%
  5. VSN.TO: 2.84%


TWITTER: @barometerca
WEBSITE: www.barometercapital.ca