Institutional markets

Investment management services, in major equity asset classes,  for institutional investors: corporate and public pension plans • defined benefit plans • defined contribution plans • insurance companies • endowments • foundations

Triasima has been serving the institutional market since 1998. Our service approach is tailored to the specific requirements of each of our institutional clients.


As of September 30, 2021

Investment Objective

The All Country World Ex-Fossil Equity strategy consists of investing in securities of companies from developed and emerging countries. The portfolio holds between 30 to 85 securities that are diversified among the sectors of the corresponding index. The strategy does not invest in securities of issuers identified as having fossil fuel reserves that use coal for energy production purposes. The objective of this strategy is to outperform the MSCI ACWI ex Fossil Fuel ex Coal Generation Select Index.

Investment Approach

Since 1998, the team of investment professionals at Triasima have employed their proprietary research process that uses a multi-disciplined methodology called the “Three-Pillar Approach” to provide strong relative returns to Triasima’s clients regardless of market conditions.
Available underSegregated accounts and pooled fund and SMA
Inception dateMarch 23, 2016
Assets under management$201.0 million
Investment approachTriasima Three-Pillar Approach™
Type of holdingsEquity securities of American, and international corporations through American Depositary Shares ("ADS") or Global Depositary Receipts ("GDR")
Number of holdings30-85
BenchmarkMSCI ACWI ex Fossil Fuel ex Coal Generation Select Index
As of September 30, 2021

Top 10 holdings

Generac Holdings Inc. 3.0 %
Sea Ltd 2.5 % Holdings Inc. 2.4 %
Dr Horton Inc. 2.0 %
YouGov Plc 2.0 %
Sony Corp. 1.9 %
Hermes International 1.8 %
Lennar Corp. 1.8 %
Microsoft 1.8 %
Trane Technologies PLC 1.8 %

Sector allocation

Information Technology
Consumer Discretionary
Health Care
Communication Services
Real Estate
Cash & Short Term
Consumer Staples

Geographic allocation

United States
Asia – Developed
Latin America – Emerging
Cash & Short Term
Asia – Emerging
As of September 30, 2021. Investment performance is that of the Triasima ACWE Ex-Fossil Fund. Actual returns may differ slightly depending on the investment vehicle under which the strategy is applied.

Growth of a $10,000 investment


Annual returns

2020 2019 2018 2017
Triasima 29.8 19.4 -2.4 20.6
MSCI ACWI ex Fossil Fuel
ex Coal Generation Select Index
16.4 21.6 -1.9 16.8

Annualized returns

3 months YTD 1 year 2 years 3 years 5 years Inception
Triasima 4.6 10.6 22.0 21.9 14.5 15.0 15.6
MSCI ACWI ex Fossil Fuel
ex Coal Generation Select Index
1.0 10.1 20.3 17.2 12.7 13.0 13.0
Investment performance is shown before management fees and expenses, and is annualized for periods over one year. Investment performance is that of the Triasima ACWE Ex-Fossil Fund.

New address

900 de Maisonneuve Blvd. West, Suite 2520, Montreal, Quebec H3A 0A8
T: 514.906.0667

About us

Triasima Portfolio Management Inc. is a Canadian investment management firm with a diversified clientele of more than 200 institutional and high net worth clients. The firm is known for its proprietary Three-Pillar Approach™, which combines fundamental analysis, quantitative analysis and trend analysis in a rigorous, yet innovative, investment process.