About McElvaine Value Fund
I am not simply a fund manager, I'm your partner
With McElvaine Value Fund, your money isn't simply being managed by an employee or a machine. It is managed by a person who is personally invested in the fund.
It's not just my name on the fund. Kate and I have all our own retirement savings in the fund. We are investors right alongside you. Our goals are the same as yours - earn above average returns and minimize the risk of capital loss.
As Chief Investment Officer at Mackenzie Cundill Funds, I worked closely with renowned value investor Peter Cundill. I strongly believe a value approach results in better returns with lower risk. That is why I decided to follow Peter's legacy and form my own value fund.
I established McElvaine Value Fund (previously called The McElvaine Investment Trust) in 1996. Peter was the largest investor in McElvaine Value Fund until his passing in 2011.
So that sums us up. Personally invested, longer track record than most funds (especially with one person at the helm), no marketing department, rewarded for performance and accessible.
But I like to do things differently.
In the Media
Growing Your Wealth,
Protecting Your Interests
Our Annual Report details where we are invested, where we made our returns and any fees paid. It is written by Tim, not by a marketing department.
We are not hidden away. You are welcome to set up a call. Further, at our Partners' Meetings, we discuss how we are invested and why.
All of the Fund's assets are held in our custody account at RBC. SS&C does our valuation and keeps track of investor transactions. We have been audited annually by KPMG since 1996.
Tim is the Founder and President of McElvaine Investment Management Ltd.
Tim developed his value-oriented philosophy during his 12-year career with Peter Cundill & Associates where, amongst other capacities, he served as Manager of the Cundill Security Fund (1992-1996), Co-Manager of the Cundill Value Fund (1998-2003) and Chief Investment Officer (1998-2003).
Tim had previously earned a Bachelor of Commerce from Queen's University in 1986, qualified as a Chartered Accountant in 1988, and as a Chartered Financial Analyst in 1991. After working at Touche Ross in Toronto (1986-1989), Tim joined the Bank of N.T. Bufferfield in Bermuda (1989-1991). Tim moved to Vancouver to join Peter Cundill's firm in 1991.
Tim has served on the Board of Directors of several publicly listed companies including Sun-Rype Products Ltd, Humpty Dumpty Snack Foods Inc, Rainmaker Entertainment Inc., Glacier Media Inc, We Commerce Holdings Ltd. and Bastion Square Partners Inc.
Tim has been a speaker at value investing conferences including The Value Investing Seminar in Italy, Institute of Advanced Financial Planners Annual Symposium and The Ben Graham Centre's Value Investing Conference in Toronto. In addition, Tim has appeared on BNN, Globe and Mail, Financial Post, Outstanding Investor Digest, Manual of Ideas and has been featured in the investment book Stock Market Superstars.