OUR PERFORMANCE
Generating Excess Returns for You
Word of mouth referrals from satisfied clients
are the primary drivers of our success.
Our aim is to provide our clients with “value added” (excess) returns over and above traditional benchmarks, while at the same time taking on less risk than the overall market. We have successfully achieved this since we implemented our investment strategy in 2006.
The Lester Asset Management ("LAM") Canadian Equity Strategy* has generated significant “value added” (excess) returns versus the TSX Composite as per the tables below. As of April 30th, 2021 our annualized compound return has been approximately 11.5% per year since July 2006, which is higher than the 6.5% annualized return of the TSX Total Return (including dividends). These returns rank us among the top performing Canadian equity managers in the country. Our returns for fixed income and balance portfolios have also been well above relevant benchmarks and industry averages.
|
Annualized Returns |
1 year |
3 year |
5 year |
10 year |
since July '06 |
|
LAM CDN Equity Strategy* |
45.3% |
11.2% |
12.4% |
10.8% |
11.5% |
|
TSX Composite TR |
33.3% |
10.4% |
9.8% |
6.4% |
6.5% |
|
LAM Value Added |
11.9% |
0.8% |
2.7% |
4.5% |
5.0% |
|
Cumulative Returns |
YTD |
1 year |
3 year |
5 year |
10 year |
Since July '06 |
|
LAM CDN Equity Strategy* |
11.4% |
45.3% |
37.5% |
79.7% |
179.2% |
404.6% |
|
TSX Composite TR |
10.6% |
33.3% |
34.5% |
59.4% |
85.2% |
154.6% |
|
LAM Value Added |
0.8% |
11.9% |
3.0% |
20.3% |
94.0% |
249.9% |
|
Calendar Returns |
2021 |
2020 |
2019 |
2018 |
2017 |
2016 |
2015 |
2014 |
|
LAM CDN Equity Strategy* |
11.4% |
15.6% |
17.9% |
-13.6% |
14.1% |
24.7% |
-11.3% |
8.8% |
|
TSX Composite TR |
10.6% |
5.6% |
22.9% |
-8.9% |
9.1% |
21.1% |
-8.3% |
10.5% |
|
LAM Value Added |
0.8% |
10.0% |
-5.0% |
-4.7% |
5.0% |
-3.6% |
-2.0% |
-1.8% |
|
Calendar Returns |
2013 |
2012 |
2011 |
2010 |
2009 |
2008 |
2007 |
2006 (6 months) |
|
LAM CDN Equity Strategy* |
17.8% |
16.8% |
4.5% |
28.1% |
58.2% |
-40.8% |
13.9% |
20.0% |
|
TSX Composite TR |
13.0% |
7.2% |
-8.7% |
17.6% |
35.1% |
-33.0% |
9.8% |
12.5% |
|
LAM Value Added |
4.8% |
9.6% |
13.2% |
10.5% |
23.1% |
-7.8% |
4.1% |
7.5% |
*Returns for LAM's Canadian Equity Strategy are gross of management fees and based on dollar-weighted gross returns for the Canadian Equity composite of segregated portfolios managed by LAM using the same strategy from July 2006 until the launch of the Fund in January 2012, and on gross returns of the LAM Canadian Equity Fund thereafter.
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