This manager finds quality in Québec
Marc Lecavalier has managed to ring up some impressive performance numbers in his five-star rated NBI Quebec Growth Fund by focusing on companies that are either headquartered or do a meaningful portion of their business in Québec. At mid-June, the F series of the fund topped the Morningstar Canadian Small/Mid Cap Equity category for the five-year period, with an average annual compounded return of 11.27%. The fund led a pack of 143 funds, and has consistently been a top performer over varying time periods with a below-average Morningstar risk rating and lower volatility than the category.