The JC Clark Patriot Trust is a long bias North American equity Fund that invests in Canadian & US mid and large cap equities with fortress balance sheets, strong free cash flow, exceptional management and operational excellence.

The Fund aims to provide lower volatility relative to overall equity markets and a lower market correlation than most equity funds. Based on extensive fundamental research, and subject to the investment restrictions described below, the Fund invests primarily in U.S. and Canadian equities, focusing on high quality public companies trading at significant discounts to their perceived intrinsic values

The Fund has a focused investment strategy, dealing primarily in the purchase of equities that pass a rigorous process of ‘bottom up’ fundamental analysis of the target investment’s balance sheet integrity and cash earnings capabilities. 

Mitigation of risk is achieved by diversifying investment holdings across several industry sectors, and by maintaining a portfolio of no less than twenty securities. Although the Fund operates predominately as a ‘long biased’ investment trust, it may from time to time utilize hedging strategies which involve the ‘short sale’ of securities or the utilization of derivatives as a means to reducing the downside risk of market declines. 

The  Patriot Trust is managed by Portfolio Manager Alex Davidson. Mr. Davidson has held various senior executive positions in the manufacturing and resources sectors over the past 30 years and leads extensive due diligence on new holdings. Mr. Davidson is supported by JCClark Ltd.'s in-house research staff.