Jarislowsky, Fraser LTD
Jarislowsky, Fraser Limited is an independent portfolio management and investment advisory firm headquartered in Montreal, Quebec, Canada. Founded in 1955, it manages portfolios for pension funds, foundations, endowments, corporations, and high-net-worth individuals in Canada and internationally. Since May 2018, it has operated as a wholly owned subsidiary of Scotiabank, focusing on long-term investing in high-quality businesses and integrating ESG considerations. The firm employs approximately 200 people and is recognized for its commitment to responsible investing and thoughtful, research-driven management.
Investment Strategy
Jarislowsky, Fraser pursues a fundamental, research-driven investment strategy focused on identifying and investing in high-quality, sustainable businesses for the long term. The firm integrates Environmental, Social, and Governance (ESG) factors into its bottom-up research, with a strong emphasis on corporate governance and risk management. Jarislowsky Fraser engages constructively with investee companies, aiming to support good business practices and continuous improvement. Its approach is highly consultative and personalized, particularly for institutional and high-net-worth clients, and emphasizes quality, transparency, and stewardship.
Top Holdings
Equity Positions (192)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BN | Brookfield Corp | 5.58% | $1.02B | 14,806,245 | $35.96 | $45.72 | +$58.3M |
T TD | Toronto-Dominion Bank | 5.16% | $938.0M | 11,728,785 | $58.18 | $79.95 | +$57.4M |
C CNI | Canadian National Railway Company | 4.60% | $836.8M | 8,871,249 | $62.01 | $94.30 | -$124.3M |
O OTEX | Open Text Corporation | 4.35% | $790.7M | 21,150,154 | $26.03 | $37.38 | +$177.4M |
B BMO | Bank of Montreal | 4.18% | $760.4M | 5,833,830 | $92.49 | $130.25 | +$52.5M |