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The Best Investments for the Next Decade: Cymbria (CYB)

The Best Investments for the Next Decade: Cymbria (CYB)
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Cymbria Corporation (TSX:CYB) is a stock that’s traded on the Toronto Stock Exchange, so that might present a problem readers. However, if your brokerage firm has access to the TSX — and many do — you should consider it.

It’s that good.

The guys and gals behind EdgePoint Wealth Management created Cymbria in 2008 after leaving Trimark, a well-known Canadian investment manager. The plan was to create a go-anywhere portfolio of high-quality stocks and provide investors with a significant ownership position in EdgePoint Wealth Management’s investment management business.

Having written about the financial advisor community here in Canada, I can tell you that EdgePoint is held in the highest regard by investment professionals; they flat-out earn their investment management fees.

Cymbria’s current portfolio consists of 39 publicly traded stocks along with a 20.7% ownership interest in EdgePoint’s business, the company’s biggest holding. For that privilege, shareholders pay an annual investment fee of 1.2%.

Since its inception in November 2008, shareholders have achieved a 17.8% annual return. If you’re thinking it benefited from perfect timing; think again. Since 2009, it has had positive calendar-year returns in seven out of eight years.

You want to own this.

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