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Mentoring with a long-term investment approach that focuses on...
Active Investment Management • a Philosophy of Ownership • Resilient Business Models

CNID Investment Challenge 2020

Sponsored by CN Investment Division (CNID)

Attention Students:

The 2020 CNID Investment Challenge is on!

The CNID Investment Challenge gives you a unique, real world chance to boost your skills as an investment analyst covering high-quality companies and private assets. Working with our team of professionals, finalists will gain on-the-ground experience to help prepare for life after graduation.

- Learn from the mentorship and real-life experience of buy-side investment professionals.

- Hone your skills by doing deep-dive company analysis.

- Pitch your investment recommendation to CNID's experienced investors.

- Win a summer internship at CNID.

Who it's for:

Undergraduate and graduate students. Click here to hear some testimonials from past participants of the challenge.

How it works

Round 1:

- Choose one of the following pre-selected companies:

Brookfield Infrastructure Partners
Brookfield Renewable Partners
American Water
Orsted
Eversource Energy

- Submit a two-page report detailing why a pension fund would consider taking this
company private.

We'll pick up to three winning reports from each school - those students will move on to the next round of the challenge...

Round 2:

- Participate in a CNID Virtual Training Day that will help you better analyze companies from the
bottom-up.

- Choose a company within a short list and prepare a 20-minute pitch to present to our panel of
CNID portfolio managers.

- We'll assign you a mentor from the CNID investment team to guide you in preparing your pitch.

The winner of the challenge gets a summer 2021 internship

in the private assets team at CNID!

Timing

- Sign up by submitting your two-page report - due November 6, 2020.

- Winners of Round 1 will be notified by November 12, 2020.

- The Virtual Training Day is on November 27, 2020.

- Pitch Day is on January 22, 2021.

How to Participate

Email your two-page report for Round 1 of the challenge in PDF format by 11:59 p.m. on November 6, 2020, to investmentchallenge@cnid.ca - Make sure to include your name, your email address and name of your university.

About CN Investment Division (CNID)

Established in 1968, CNID, based in Montreal, manages one of the largest single-employer defined benefit pension funds in Canada, Canadian National Railway (CNR.TO), and holds a long track record of solid performance. CNID also manages the assets of the CN Pension Plan for Senior Management and the BC Rail Pension Plan. CNID's culture is nimble, innovative, collaborative and risk-aware. Pensioners are always at the heart of what we do. Approximately C$18 billion is actively managed in-house by about 80 employees, including some 35 investment professionals. Global equity investments make up approximately 40% of the Fund. Managed by talented managers and analysts combined into one team, these global equity investments are organized by specific sector groupings: consumer, cyclicals, financials, and technology, media and telecommunications. CNID is a long-term shareholder. We believe that buying and holding sound, growing businesses run by focused management will produce consistent, above-average returns. Emphasis is on companies with strong fundamentals, sustainable competitive advantages and good financial positions that will allow them to be successful for many years to come. Our average holding period is three to five years, but there are several companies in which we have had investments for over 15 years.