MoneyAM Fund Centre

Quick Stats

Fund Objective

The fund aims to maximise total return by investing in a portfolio of European equities, including the UK, seeking opportunities for exceptional growth in undervalued stocks.

Fund Managers

Ken Hsia

Ken is the portfolio manager for the European strategies at Ninety One. Ken joined the firm in 2004 from MoVa Investment Partners, a hedge fund, where he was portfolio manager and co-founder. He was involved in managing a portfolio focused on European small and mid-cap stocks. Prior to that, Ken spent eight years at Fidelity Investments as an equity analyst covering a range of sectors including UK and European auto components, construction, non-food retail and utilities, and was assistant fund manager on the UK Recovery Trust (now renamed UK Aggressive). Ken graduated from Oxford University with a Doctorate in Organic Chemistry. He is also an associate member of the UK Society of Investment Professionals (UKSIP) and a CFA Charterholder.

Kenneth A Broekaert

Kenneth Broekaert joined Burgundy in 2003. He was appointed as a Senior Vice President in 2010. Ken’s passion for investing grew out of his interest in business. His interests were as a generalist within business, across business functions and industries, as well as outside of business across subjects such as philosophy, psychology and math, which have also been useful for investing. His generalist interests led him to The Boston Consulting Group at the start of his career. A fascination he developed during that period was the study of how businesses can enhance or lose their competitive advantages. Then he discovered the writings of Warren Buffett and Benjamin Graham. Their teachings immediately resonated because the concept of value was embedded in him from his upbringing in a family with modest means and conservative financial views. One of his favourite Buffett concepts is to challenge yourself to make only 20 investment decisions in your life, which requires good judgement about the durability of the competitive advantages of businesses. Ken continuously challenges himself to own a concentrated portfolio of companies that Burgundy could own “forever” that earn stronger long-term returns for clients. Ken’s interests in business as a generalist, competitive strategy and value investing have made Burgundy a very natural and happy home for him. He is a CFA charterholder, also completed MBA (Dean’s Honor List) in Richard Ivey School of Business, Western University and Honors Business Administration (Ivey Scholar) in Richard Ivey School of Business, Western University. He is a chairman of Audit Committee, Loran Scholars Foundation and member of CFA Society Toronto and CFA Institute.