A WORD FROM THE PEMBROKE TEAM
At Pembroke, we look for companies that are led by management teams who think like owners. This entrepreneurial mindset must be cultivated.
From May 6 to 9, Montreal will host the Enactus Canada National Exposition, where students from across Canada will present their projects. Find out why we support this competition in Enactus: The Power of Entrepreneurial Action for Canada.
In this quarter’s Investment Commentary Outlook article, titled Between Headlines and Consequences, we discuss the events of the last few months and the pitfalls that headlines present to us as investors.
You can also read our Strategy Performance Commentary for details on how all of our strategies weathered the first quarter of 2026.
Lastly, in the Active Investment Series, we discuss how, over the past year, two companies, Globus Medical and Champion Iron, have shown why it is important for long-term investors not to react to every market movement. Sometimes the path changes, but not the destination.
Sincerely,
The Pembroke Team
ENACTUS: THE POWER OF ENTREPRENEURIAL ACTION FOR CANADA
From May 6 to May 9, Montreal will host the Enactus Canada National Exposition. Student teams from across the country will present social ventures they have built and operate to solve real problems. The winning team will represent Canada at the Enactus World Cup in São Paulo this November.
It is a competition. But it is also something more.
ARCHIVE SEARCH
OR DOWNLOAD PDF of LEgacY ISSUES: (2019 and earlier)
NICOLAS CHEVALIER ON ZONE ÉCONOMIE (RDI) – THE WAR IN IRAN AND DEFENSIVE ASSETS
During this interview on April 10, 2025, on RDI’s Zone Économie (Radio-Canada), Nicolas Chevalier, from Pembroke, analyzed the impact of the war in Iran on the financial markets and the U.S. economy (in French only).
He focused, in particular, on the issue of safe-haven assets which, on the surface, have not reacted as expected during the conflict. Gold, consumer-related stocks and defence companies experienced declines when one would have expected the opposite.
DISCLAIMER
This report is for the purpose of providing insight into Pembroke and the Pembroke strategies. Past performance is not indicative of future returns. Any securities listed herein, are for informational purposes only and are not intended and should not be construed as investment advice nor is it a recommendation to buy or sell any particular security. Factual information has been taken from sources we believe to be reliable, but its accuracy, completeness or interpretation cannot be guaranteed. Pembroke seeks to ensure that the content of this document is correct and up to date but does not guarantee that the content is accurate and complete and does not assume any responsibility for this. Pembroke is not responsible for decisions or actions taken or made on the basis of information contained in this document.
