We are pleased to release our quarterly & annual Partnership Letters.

2020 Q1 Q2 Q3
2019 Q1 Q2 Q3 Annual
2018 Q1 Q2 Q3 Annual
2017 Q1 Q2 Q3 Annual
2016 Q1 Q2 Q3 Annual
2015 Semi-Annual Annual
2014 Annual


We are pleased to release our Audio Library.

2020 Q2: The Ultimate Black Swan Event? Q3: Patience Is A Virtue


Ascendant Group: Successful Exit

Q3 2020 Partnership Letter

Q2 2020 Partnership Letter

COVID-19 Benefits Guide

Q1 2020 Partnership Letter

We’re Hiring: Manager, Finance and Operations (Contract)

2019 Annual Partnership Letter

Q3 2019 Partnership Letter

IBV in the News: This $100-million fund manager has overseen returns of 19% over the past year

Q2 2019 Partnership Letter

We’re Hiring: Investment Associate

Ascendant Group Press Release

Q1 2019 Partnership Letter

Ascendant Group Shareholder Letter

2018 Annual Partnership Letter

Nominated for Best Global Equity Emerging Manager

IBV in the News: Passive gets aggressive

IBV in the News: Money Talk Interview

Q3 2018 Partnership Letter

Q2 2018 Partnership Letter

Press Release: IBV Capital is now available on the RBC retail platform

We’re Hiring: Junior Financial Analyst

IBV in the News: Quoted in The Wall Street Journal

IBV in the News: IBV Capital digs deep to unlock long-term value in a competitive market

IBV in the News: Investing during Tough Times for Trade

Q1 2018 Partnership Letter

IBV in the News: Taking a “Suggestivist” Approach to Value Investing

IBV in the News: Spring Training For Portfolios

2017 Annual Partnership Letter

IBV in the News: How we achieved a 17.8% return last year

Q3 2017 Partnership Letter

IBV in the News: Five Things I Wish Someone Told Me

We’re Hiring: Vice President of Finance and Operations

Portfolio Announcement: Scripps Network Interactive (SNI)

Q2 2017 Partnership Letter

IBV in the News: What To Do About Those Lower Returns

Q1 2017 Partnership Letter

IBV in the News: Capitalize for Kids – Vertu Motors PLC

IBV in the News: CFA Equity Symposium

2016 Annual Partnership Letter

IBV in the News: Deep Value Investing – Dispelling the Ultimate Investing Misconceptions

Q3 2016 Partnership Letter

Our team is expanding: Investment Analyst Posting

Q2 2016 Partnership Letter

Q1 2016 Partnership Letter

2015 Annual Partnership Letter

IBV Capital Achieves Critical Growth Milestone: $50 Million in AUM

IBV in the News: Our Profile in Business Elite Canada Magazine

2015 Semi-Annual Partnership Letter

2014 Annual Partnership Letter

IBV’s Recommended Reading List

IBV Capital Global Value Fund Launch

White Papers

An Uncommon, Yet Practical Approach to Risk


IBV’s Recommended Reading List