Starlight Capital, a leading independent Canadian asset management firm, has launched the Starlight North American Equity Fund ETF (SCNA) on March 17, 2025. This new ETF provides investors with access to a concentrated portfolio of high-quality North American companies, targeting sustainable, long-term growth. SCNA reflects Starlight’s disciplined investment approach, Focused Business Investing, and aims to deliver superior risk-adjusted returns by strategically balancing Canadian and U.S. market opportunities.

How This ETF Works

Starlight North American Equity Fund ETF (SCNA) is designed to capture long-term growth by investing in a carefully curated selection of North American equities across various sectors and market capitalizations. The fund focuses on three key investment principles:

• High-Quality Growth Focus – SCNA prioritizes companies with secular growth potential over cyclical trends, investing in businesses with sustainable revenue expansion and strong competitive advantages.
• Strategic U.S. Exposure – Recognizing that the TSX is heavily weighted in cyclical sectors like Financials, Energy, and Materials, SCNA expands beyond Canada’s market limitations by investing in high-growth sectors like Technology and Healthcare in the U.S.
• Small & Mid-Cap Opportunities – Unlike larger funds constrained by size, SCNA has the flexibility to invest in high-quality small and mid-cap growth companies, which have historically offered incremental return potential without significantly increasing portfolio risk.

Through this approach, SCNA seeks to provide a more balanced, resilient portfolio, helping investors navigate changing economic conditions while maximizing long-term growth opportunities.

Why Investors Should Consider SCNA

SCNA offers a unique growth-focused strategy, making it a compelling core holding for investors seeking risk-adjusted long-term returns. Here’s why SCNA stands out:

1. Broad Exposure to North American Growth – SCNA avoids overreliance on Canada’s cyclical sectors and strategically accesses U.S. markets for greater diversification.
2. Access to High-Growth Sectors – The fund increases exposure to innovative industries like Technology and Healthcare, which are underrepresented in the Canadian market.
3. Active Management & High-Conviction Portfolio – Starlight’s Focused Business Investing approach ensures disciplined stock selection, emphasizing quality, profitability, and growth sustainability.

Dennis Mitchell, CEO & CIO of Starlight Capital, highlighted the significance of the launch:

"Starlight Capital is excited to launch our new Starlight North American Equity Fund ETF (Ticker: SCNA) on Cboe Canada. This ETF offers Canadian investors access to a concentrated portfolio of high-quality North American companies. This high-quality growth ETF is a compelling addition to any Canadian portfolio seeking superior, risk-adjusted, long-term returns."

About the Issuer

Starlight Capital is a leading Canadian asset management firm, managing over $1 billion in assets across public and private investments. A subsidiary of Starlight Investments, the firm is known for its expertise in real estate, infrastructure, and private equity, along with its disciplined approach to active investing.

With the launch of SCNA, Starlight Capital expands its suite of high-quality growth investment solutions, helping investors navigate today’s market environment while positioning portfolios for long-term capital appreciation.

For more information, visit the SCNA Fund Overview.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.