Four TSX Stock Picks for an Expected Economic Recovery from an Index-beating Fund Manager.
SPECIAL TO THE GLOBE AND MAIL
BRENDA BOUW
“It was a long-term bet on Big Tech and a mix of consumer and health care stocks that helped Murray Wealth Group deliver double-digit, benchmark-beating returns last year.
‘We buy companies we believe in for the long term and that we’re comfortable buying in stressed times,’ says Jamie Murray, portfolio manager and head of research at Murray Wealth Group, which manages about $180-million in assets.
The company says its flagship Global Equity Growth Fund returned 21.5 percent in 2020, which beat the 12-per-cent return of its benchmark, which includes 75 percent of the MSCI World Index and 25 percent of the S&P/TSX Composite Index. The company says the fund’s five-year return was 13.3 percent versus 10.5 percent for its benchmark.”
Read the full article in The Globe and Mail here!