Bringing you live news and features since 2006 

UCITS fund launched by Turtle Creek Asset Management


Turtle Creek Asset Management, a Canadian independent investment management firm with a 24-year history, has announced the launch of its first UCITS fund. The fund will make available to qualified European investors Turtle Creek’s North American mid-cap public equities strategy.

Turtle Creek was established in 1998 by Andrew Brenton, Jeffrey Cole and Jeffrey Hebel who have worked together continuously for over 25 years. Prior to Turtle Creek, they founded and ran the private equity investment subsidiary of The Bank of Nova Scotia.  While successful at generating strong returns for the bank, they pivoted to public equity investing on account of routinely observing better run, profitable companies trading at irrational prices, and concluded that improved risk-adjusted-returns could be achieved. Today Turtle Creek manages mid-cap public equity portfolios totalling close to US$3.5 billion.


Andrew Brenton, Turtle Creek’s CEO says: “At Turtle Creek we offer a different kind of value investing. Our approach is different; our methodology is different; and the companies we invest in tend to be different. We founded Turtle Creek to invest in public equities over the long term, with a particular focus on reducing risk – after all, this is where I and my partners invest all of our respective family wealth. We believe that through taking less risk we can achieve higher returns.”


Turtle Creek’s strategy has been refined over the last 24 years and is both rigorous and repeatable. The UCITS fund portfolio, consisting of 35-40 holdings, is constructed from the 100+ companies that the firm actively follows, and is managed according to the same cash flow based value investing strategy and continuous optimization process that has been successful for over 20 years.


Michael Bowen, Senior Vice President, adds: “We are very excited to be offering our strategy in a UCITS format. We think long-term value investing in North American equities with a well-considered, consistent and nuanced investment approach represents a primary portfolio building block, and is particularly attractive in the current climate.”


Latest News

Morgan Stanley Investment Management has announced the launch of an ETF platform with the listing of six Calvert ETFs on..
The UK's HM Treasury has published a note saying that the government will set out ambitious plans to ‘robustly regulate..
Digital asset manager CoinShares has announced that CoinShares Digital Securities Limited, the wholly owned subsidiary and Issuer of the CoinShares..
European white labeller HANetf reports that delighted to announce that Sprott Uranium Miners UCITS ETF (URNM) has now passed the..

Related Articles

We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by