Our Public Equities portfolio invests across fundamental-research driven, high conviction, high engagement opportunities; actively managed factor-based strategies; and a cost-efficient index program. We actively manage the aggregate risk exposures through a total portfolio construction approach.

IMCO's Public Equities program delivers long-term growth through capital appreciation and dividend income generated by investing in publicly traded organizations that span sectors in developed and emerging global markets. Through our three equity pools - Global Equity Pool, Emerging Markets Pool, and Canadian Equity Pool - we provide our clients with equitable access to low-cost portfolios that take advantage of diverse strategies and mandates.

Our fundamentally driven, high conviction investing is driven by the combination of the Fundamental Equities program and the External Partnerships program. We are able to generate investment opportunity from both in-house capabilities and with best-in-class managers to deepen our due diligence and turn feedback into action. With our teams' scale and expertise, and our select partnerships, we can execute concentrated, actively managed strategies powered by collaborative and highly productive relationships. This allows us to invest in niche mandates that deliver differentiated returns while aligning with our responsible investing framework and our clients' ESG values.

Every position we take in our clients' portfolios is intentional and accountable for results. Our $17.3 billion Public Equities program delivers on our commitment to our clients through meaningful, strategic investments at a lower cost.

Whether a company needs capital to fund an acquisition, refinance its debt or is seeking to diversify its shareholder base, IMCO has the long-term investment horizon and patient capital to offer nimble and cost-effective solutions across any stage of a company's life cycle.

IMCO's active strategy comprises four sub-programs with different, specialized purposes to satisfy these objectives.

Fundamental Equities
IMCO's Fundamental Equities program identifies, evaluates, and executes direct investments and partnership opportunities with high-quality publicly traded companies with stable and resilient business models and strong competitive positions in compelling and growing industries. We seek to build deep, meaningful, and lasting relationships with companies from the outset, that evolve over time depending on their needs.

The Fundamental Equities mandate spans the full range of capital needs, from targeted liquid investments in public markets to a "Fundamental+" approach where we can take a significant ownership stake that could include board representation to work constructively with management to grow the business and generate attractive investment returns.

Factor Investing
IMCO's Factor Investing program delivers targeted public equity exposure to factors such as quality, value, momentum, and low volatility and provides broad equity market diversification and calibrated risk to the portfolio.

External Partnerships
IMCO's External Partnerships program focuses on executing fundamentally driven, high conviction investing via our strategic partners and provides exposure to themes and opportunities spanning different investment approaches, geographies, and sectors while complementing IMCO’s internal programs.

Portfolio Construction
IMCO's Portfolio Construction program provides an active approach to managing risks at the total portfolio level. We aim to mitigate unintended and unrewarded active risks while ensuring that we are positioned to capture value-add from intended active risks.