Hovig Moushian, Head of the Mackenzie All Cap Value Team, explains his team's philosophy and process and how they realize value with conviction-based investing.
The Mackenzie All Cap Value Team invests in what they identify as the best value opportunities across North America. We believe that small- and mid-cap stocks are the biggest drivers of outperformance over the long term. Our expertise lies in the ability to tactically allocate across the market cap spectrum to potentially realize value from the best opportunities in the marketplace. We are disciplined, bottom-up investors that focus on the price we pay for a security, weighed against the relative risks to the portfolio for including that security. The team looks for companies that are diligent capital allocators with potential to generate sustainable cash flows. We believe in constructing well-diversified portfolios that have balanced exposures to different industries and sectors.