Michael Dobson: The last six years threw a lot at fund managers. A chaotic 2018, a calm 2019, a pandemic in 2020, a bear market in 2022 and a rebound in 2023. As a result, many different styles had their time in the sun but also some time in the rain. In fact, only one Canadian focus equity strategy beat the category average every year from 2018 to 2023. That fund is Manulife Fundamental Equity. Demonstrated consistency of the team’s quality growth philosophy earns the fund a Bronze Morningstar Medalist rating. Patrick Blais and the Fundamental Equity team at Manulife have clear definitions of quality and valuation which feeds into their portfolio. These definitions are forward-looking variants of more common metrics portfolio managers use. And so while we don’t know exactly…
