April 2025
Your financial goals deserve a portfolio that evolves with your needs and priorities. That is why at Pembroke, we continue to enhance our offering to help you pursue long-term growth with greater confidence and clarity.
As part of Pembroke Private Wealth’s ongoing efforts to expand our wealth management capabilities and to better serve you, we have announced that the Pembroke International Growth Fund will from now on be managed directly by our in-house investment team. This change will be effective May 1, 2025.
WHY DOES THIS MATTERS FOR YOU?
As an investor, the importance of a diversified, well-balanced portfolio cannot be overstated. In an increasingly interconnected global economy, international exposure is essential for both diversification and capital appreciation. The International Growth Fund is designed to meet these needs by providing access to high-quality international equities. This ensures that your portfolio is positioned for sustainable growth. Bringing the management of the Fund in-house is more than just a change in leadership. It is about better serving you as an investor. Here is how the transition enhances your wealth management strategy.
1. Better Alignment with Your Long-Term Goals
Our investment philosophy is built on the pillar of quality growth. By managing the Fund ourselves, we can maintain a more consistent investment approach that is aligned with the strategies we have successfully employed across other portfolios.
With direct oversight from Pembroke’s experienced team, we can ensure that the International Growth Fund remains focused on companies that meet our rigorous standards. The objective is for the Fund to drive growth while minimizing risk.
2. A More Focused Approach to International Investing
The new structure of the Fund will be more targeted, with fewer holdings (40 to 50 companies compared to 120). This will allow us to focus more intently on the highest conviction growth opportunities in developed markets. This streamlined approach will allow us to respond quickly to market changes, giving you, the investor, a more flexible and timely strategy.
3. More Direct Communication and Better Access to Expertise
One of the most valuable benefits of this transition is the ability to communicate more directly with the investment team. As a client, you will benefit from greater access to the professionals who manage your investments. This will help you stay better informed about the decisions that affect your portfolio. Whether it is answering your questions about market movements or providing insight into strategy performance, this closer relationship will foster a more engaged and proactive wealth management experience.
4. Complementing Your Portfolio
The International Growth Fund complements a well-rounded portfolio by providing exposure to high-quality companies outside of North America. Given the importance of global diversification, the Fund serves as an important piece of the puzzle for clients seeking long-term capital growth and risk mitigation through research-driven stock selection.
INTRODUCING DERRICK GUT: STRENGTHENING OUR GLOBAL EXPERTISE
Derrick Gut, Portfolio Manager, recently joined Pembroke and will co-lead the investment management of the Fund with Andrew Garschagen, Partner, Portfolio Manager and Director. Derrick is an experienced international equity manager and will play a pivotal role in guiding the Fund’s strategy. His deep expertise in global markets enhances our ability to navigate the complexities of international investing.
LOOKING AHEAD
As part of your wealth management strategy, the Pembroke International Growth Fund will be better positioned than it was to deliver the value you expect. By focusing on high-quality international investments and offering greater access to the decision makers behind the strategy, we are providing you with a tool to build a diversified portfolio that aligns with your long-term goals.
We look forward to continuing our partnership with you and supporting your financial success. If you have any questions or would like to discuss how this change impacts your investment strategy, please do not hesitate to reach out to your Pembroke representative.
Thank you for your continued trust in Pembroke.
Other Articles Of Interest
Disclaimer
This report is for the purpose of providing some insight into Pembroke and the Pembroke funds. 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.
