Investment Club
The Investor Group was formed in May, 2002 when it was determined that a number of Probus Members were interested in the Markets and wanted to participate. It was decided we would create a model portfolio of Canadian equities which we would follow over time in hopes of achieving some growth and have some fun in the process.
Starting with "virtual" seed money of $200,000, we created a portfolio which, for diversification, was divided into five industry segments: Consumer Stocks; Financial Services; Resources; Utilities and Pipelines; and Industrial.
Individual members agreed to take responsibility for following one of the sectors; to report on the performance of stocks at the monthly meeting; and to make recommendations for actions (if any) to be taken. A report is issued at the end of each month for presentation to Members at the monthly meeting which takes place in a private room at Amica in Bronte on the second Thursday of each month. The Membership of the full Club is also kept informed at its monthly General Meeting.
The performance of the portfolio has been followed meticulously, including dividends which are added to the cash. As of the end of April 2026, the portfolio value was $1,929,238 accumulated from the original $200,000 seed money. This represents an annual compounded return over 23.98 years of 9.913%. Although we did not claim to be wiser than the market, the Probus Investment Group has matched or exceeded the S&P/TSX Composite Index, including dividends, during many of its 24 years of existence.
We will continue to report our consolidated results semi-annually. A very special thanks to Jack Rugg who has provided the report each month.
We currently have 9 members; if you have an interest in the stock market, you would be welcome to join us.
Contact: davepatterson@sympatico.ca
Starting with "virtual" seed money of $200,000, we created a portfolio which, for diversification, was divided into five industry segments: Consumer Stocks; Financial Services; Resources; Utilities and Pipelines; and Industrial.
Individual members agreed to take responsibility for following one of the sectors; to report on the performance of stocks at the monthly meeting; and to make recommendations for actions (if any) to be taken. A report is issued at the end of each month for presentation to Members at the monthly meeting which takes place in a private room at Amica in Bronte on the second Thursday of each month. The Membership of the full Club is also kept informed at its monthly General Meeting.
The performance of the portfolio has been followed meticulously, including dividends which are added to the cash. As of the end of April 2026, the portfolio value was $1,929,238 accumulated from the original $200,000 seed money. This represents an annual compounded return over 23.98 years of 9.913%. Although we did not claim to be wiser than the market, the Probus Investment Group has matched or exceeded the S&P/TSX Composite Index, including dividends, during many of its 24 years of existence.
We will continue to report our consolidated results semi-annually. A very special thanks to Jack Rugg who has provided the report each month.
We currently have 9 members; if you have an interest in the stock market, you would be welcome to join us.
Contact: davepatterson@sympatico.ca