Cymbria Portfolio
Investment approach
Cymbria's investment objective is to provide shareholders with long-term capital appreciation through an investment in a concentrated portfolio of global equities and an investment in EdgePoint Wealth Management Inc.
| Company | Portfolio % |
|---|---|
| EdgePoint Wealth Management Inc. | 16.81% |
| MDA Ltd. | 7.48% |
| AutoCanada Inc | 3.44% |
| Berry Global Group Inc. | 3.23% |
| Affiliated Managers Group, Inc. | 3.17% |
| Onex Corp. | 2.79% |
| Mattel, Inc. | 2.70% |
| CSX Corp. | 2.60% |
| Restaurant Brands International Inc. | 2.41% |
| Anthem, Inc. | 2.15% |
| Total | 46.78% |
Portfolio information
For the quarter ended September 30, 2022
| Share Class | Stock Symbol | 1Management fee | 2MER | 3TER |
|---|---|---|---|---|
| A | CYB | 1.00% | 1.15% | 0.05% |
Show footnotes
1Management fee:
This component of the MER is what you pay us for investment and financial services. We don’t charge this fee on the value of EdgePoint Wealth and, as such, the effective rate will be less than 1%.2MER:
This compensates EdgePoint and includes the management fee, operational costs and sales taxes. The MER isn’t charged directly to you but is paid by Cymbria and ultimately reduces your investment returns.3TER:
The trading expense ratio (TER) represents the trading expenses incurred by Cymbria. These expenses aren't included in the MER but they're still costs borne by the investor and reduce returns. The total cost of ownership is the sum of the MER plus the TER.
Historical prices
Investment results
We measure investment success over periods of ten years or more and believe it takes considerable skill to consistently add value over the long term. As such, we place little value in the short-term investment results shown.
Calendar-year returns
EdgePoint dividends
An important driver of wealth for Cymbria is the dividends from EdgePoint Wealth, one of Cymbria’s top holdings. EdgePoint typically pays dividends quarterly, which can be reinvested by Cymbria in its portfolio of investments or used to buy back Cymbria shares.
| Date | Dividend amount | Total dividends received to date |
|---|
EdgePoint valuation
Cymbria’s original investment in EdgePoint Wealth of $509,585 has grown to $242,408,583. In addition to this growth, Cymbria has received $137,268,530 in dividends from EdgePoint for a total contribution of $379,167,528 as at March 15, 2023.
EdgePoint’s growth has been a meaningful contributor to Cymbria's return.
| Date | Value of cymbria’s stake in EdgePoint |
|---|