Tetrem Capital Management Ltd.

Tetrem Capital Management Ltd is an investment management firm based out of Winnipeg, Canada. The company was established in 1993 by founder Daniel A. Bubis, who is currently still with the company today acting as its President, CIO and portfolio manager. Tetrem Capital Management has expanded its physical operations to now have an additional location in Boston and operates with 15 employees of which 9 are investment professionals. The company conducts its research internally, utilizing a quantitative and fundamental methodology with a contrarian approach. Tetrem Capital Management invests in the value stocks of selected companies, allocating its assets across the public equity income markets of both U.S. and Canada. The company invests most heavily in the finance sector, which alone makes up over a third of its total asset allocations, and also invests in the energy, information technology, consumer discretionary, and health care sectors, among others to a lesser degree, in order of decreasing allocation. Tetrem Capital Management’s top 10 holdings together make up over a third of its total asset allocations and the company has a turnover rate of approximately 15.1%. The company currently holds over $5.1 billion in total assets under management spread across 157 accounts, all of which are discretionary accounts. Although the company’s total number of accounts has been increasing in recent years, its total assets under management has been somewhat volatile, decreasing from its $5.4 billion amount back in 2010 and staying around the $5 billion mark. Tetrem Capital Management mainly caters to pooled investment vehicles, which alone makes up over three quarters of its client base, and also provides services to individuals, high net worth individuals, and pension and profit sharing plans. The company acts as the investment manager for CI Investments and other institutional and private investors, taking care of the CI Canadian Dividend Fund, Ci Canadian Investment Corporate Class, CI Canadian Investment Fund, and others.