Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s): FFXDF

Financial Services Asset Management

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. The Company makes all or substantially all of its investments either directly or through one of its wholly owned consolidated subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius), and FIH Private Investments Ltd (FIH Private). The Company, through its subsidiaries, holds investment in the Bangalore International Airport Limited, Sanmar Chemicals Group, Seven Islands Shipping Limited, Maxop Engineering Company Private Limited, Jaynix Engineering Private Limited, and more. The Company's portfolio manager is Hamblin Watsa Investment Counsel Ltd.

TSX:FIH.U - Post by User

Fairfax India Holdings Corp

Bullboard Posts

Post by james1975on Mar 18, 2018 12:46am

125 Views

Post# 27735085

Large holder

Two Fidelity funds hold large amounts of Fairfax India, the Fidelity Canadian Growth Company Fund and the Fidelity Special Situations Fund. Both are run by Mark Schmehl, so I'm guessing he likes the stock. Between the two funds he holds 6 million shares...

The funds have both done well, over 10% annually over the past ten years, with the Special Situations fund over 18% annually for the last five years. Looks like he knows what he is doing.

https://www.fidelity.ca/fidca/en/products/cg

Bullboard Posts

Global Tungsten Market and Supply Security