January 6, 2016
Antoine Camus, Gabriel Grenier and Yannick Martineau Goupil, of the HEC Montréal Student Investment Fund, easily took the prize for the best La Presse readers’ portfolio. Their portfolio maintained a total return of over 10% since the summer, and they ended the year up 13.4%. Five out of ten investments were winners, with one actually doubling in value.
“Obviously, when you look at a portfolio’s performance over a one-year period, luck is always a factor,” Antoine Camus pointed out in an interview with La Presse+ on January 6. “On the other hand, it wasn’t just luck. In selecting our stocks, we applied the investment philosophy of the HEC Montréal Student Investment Fund, which has proven successful in the past. Between 2009 and 2014, the Fund outperformed the S&P/TSX index by 20%.”
How did they do it? The three 2015 BBA, Finance specialization graduates offer some tips in the La Presse+ article:
The three Fund members were invited at the start of 2015 to choose the 10 most promising stocks for 2015, out of a list of 100 Canadian stocks pre-selected by the Montreal daily’s team, focusing on the sectors most likely to benefit from international economic growth.
Gabriel Grenier, Yannick Martineau Goupil and Antoine Camus.
Source and photo: La Presse