BloombergSen Inc. focuses on investment portfolio management, primarily for investment funds offered on a private placement basis. They also manage a small number of separately managed accounts. BloombergSen pursues a disciplined value investment philosophy, aiming to maximize long-term absolute returns while preserving principal. They invest primarily in publicly-traded North American equity securities but may also invest in other securities and financial instruments.
Fee Structure
BloombergSen primarily manages investment funds and a small number of managed accounts. Fees for the investment funds are based on the class of units and investment level, ranging from 1.00% to 1.50% annually. Fees for managed accounts are subject to negotiation and are established in each client's investment management agreement. BloombergSen may also receive an annual performance-based allocation with respect to the funds it manages.