Public Assets

Our capacity to deliver extensive portfolio diversification is grounded in our experience managing publicly traded assets.

Our Strategies

To go beyond the standard, it is essential to master the fundamentals.

$3.48B

in assets under management

investment professionals

17.1

average years of investment experience

As at March 31, 2025

We view risk as loss of capital

Our focus is on risk-adjusted returns, using liquidity, tactical positioning, and opportunistic situations to manage investment risk.

Benchmark AgnosticBeing benchmark agnostic and following a more versatile “all cap” approach allows us to invest in companies of all market cap sizes for greater breadth of opportunities.
Generate Alpha Inefficiency is a starting point for creating opportunities that can lead to outperformance. Tactics such as options writing allow us to take advantage of rangebound, yet volatile markets to generate alpha.
Micro & MacroWe use a micro view with a macro overlay. While others may only do one or the other, we give credence to both in order to make informed investment decisions.
Long ViewWe buy companies, we don’t rent them. Some managers manage / trade based on quarter-to-quarter results, we take the long-view and allow time for our thesis to play out.

Tenure and Experience

Nicola Wealth's Public Assets team is equipped with the market knowledge and skills to create professionally constructed, diversified portfolios.

Our portfolio management strategy uses the strength of our in-house management and, where appropriate, combines this with third-party managers who are individually selected for their particular expertise, style, and performance.

Meet Our Team

Investment Approach

We take a non-traditional approach to traditional investments. Our philosophy of investment cash flow and broad diversification was founded in our approach to public markets and now extends to every asset class managed at Nicola Wealth.

Asset Selection

Our Core Tenets

We are rigorous and diligent in our allocation strategy and investment criteria, constantly seeking ways to add value to our portfolios.

Risk MitigationWe place primary importance on avoiding a permanent loss of capital on our investment versus other forms of risk (such as volatility and/or opportunity cost risk). We believe in investing in high quality names that have durable competitive advantages, competent management, strong balance sheets, and reasonable valuations.
DiversificationDiversification is not a magic number; it is ensuring that the companies within the portfolio are strategically selected to reduce risk by reacting differently in various macroeconomic environments.
SimplicityWe seek simplicity over complexity when conducting our risk assessments. A company with a streamlined business model provides us with better clarity on their operations and return potential.
TimeWe have no set time limits to hold investments. Fundamentals and valuation will dictate the hold period.
ValuationThere are valuation limits to every quality company, no matter how good they seem to be. Every company has a price and our experienced portfolio managers uncover value by identifying great companies at reasonable prices.

Our Strategies

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Equities

Diversified portfolio of Canadian and international equity securities focused on long-term capital growth and income, seeking best-in-class companies.

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