Founded in 2000, Linde Equity is a leading western Canadian investment manager dedicated to maximizing risk-adjusted returns for its clients through its single high-conviction fund, the Linde Equity Fund
Founded in 2000, Linde Equity is a leading western Canadian investment manager dedicated to maximizing risk-adjusted returns for its clients through its single high-conviction fund, the Linde Equity Fund
Founded in 2000, Linde Equity is a leading western Canadian investment manager dedicated to maximizing risk-adjusted returns for its clients through its single high-conviction fund, the Linde Equity Fund
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Our Roots: the Linde Equity Report
Our Roots: the Linde Equity Report
Our Roots: the Linde Equity Report
During its twenty years of publishing from 2000 to 2020, the Linde Equity Report earned
media recognition for stock selection and performance
During its twenty years of publishing from 2000 to 2020, the Linde Equity Report earned
media recognition for stock selection and performance
During its twenty years of publishing from 2000 to 2020, the Linde Equity Report earned media recognition for stock selection and performance
Our Difference
Our Difference
Our Difference
One fund, no filler
Track record capitalizing on bear markets
Independent, not bank-owned
Specialized approach
Transparent communication
One fund, no filler
Track record capitalizing on bear markets
Independent, not bank-owned
Specialized approach
Transparent communication
Minimum investment
Low fees
Minimum investment
Low fees
Our Fund Managers
Our Fund Managers
Our Fund Managers
Teal Linde
Teal Linde
Teal Linde
Founder & Chief Investment Officer
Inspired by his investment returns achieved in the 1990s, Teal founded Linde Equity in 2000 to provide independent research and advice for individual investors. Prior to founding Linde Equity, Teal worked as an equity analyst at Vancouver-based Global Securities. He holds the Chartered Financial Analyst (CFA) designation and appears regularly as a guest on BNN Bloomberg Market Call. Teal received his Bachelor of Commerce from the University of British Columbia.
Inspired by his investment returns achieved in the 1990s, Teal founded Linde Equity in 2000 to provide independent research and advice for individual investors. Prior to founding Linde Equity, Teal worked as an equity analyst at Vancouver-based Global Securities. He holds the Chartered Financial Analyst (CFA) designation and appears regularly as a guest on BNN Bloomberg Market Call. Teal received his Bachelor of Commerce from the University of British Columbia.
Inspired by his investment returns achieved in the 1990s, Teal founded Linde Equity in 2000 to provide independent research and advice for individual investors. Prior to founding Linde Equity, Teal worked as an equity analyst at Vancouver-based Global Securities. He holds the Chartered Financial Analyst (CFA) designation and appears regularly as a guest on BNN Bloomberg Market Call. Teal received his Bachelor of Commerce from the University of British Columbia.
Emily Davies
President
As President of Linde Equity, Emily Davies co-manages the Linde Equity Fund. She previously worked in equity research and investment banking at RBC Capital Markets. Emily holds the CFA designation and is a recipient of the BC Business 30 Under 30 Award. Her community involvement includes serving as a board member of the Cause We Care Foundation. Emily earned her Bachelor of Business Administration in Finance from Simon Fraser University’s Beedie School of Business.
Emily Davies
Emily Davies
President
As President of Linde Equity, Emily Davies co-manages the Linde Equity Fund. She previously worked in equity research and investment banking at RBC Capital Markets. Emily holds the CFA designation and is a recipient of the BC Business 30 Under 30 Award. Her community involvement includes serving as a board member of the Cause We Care Foundation. Emily earned her Bachelor of Business Administration in Finance from Simon Fraser University’s Beedie School of Business.
As President of Linde Equity, Emily Davies co-manages the Linde Equity Fund. She previously worked in equity research and investment banking at RBC Capital Markets. Emily holds the CFA designation and is a recipient of the BC Business 30 Under 30 Award. Her community involvement includes serving as a board member of the Cause We Care Foundation. Emily earned her Bachelor of Business Administration in Finance from Simon Fraser University’s Beedie School of Business.
Our Investment Approach
Our Investment Approach
Our Investment Approach
A wide net is cast across the stock universe to seek out the most attractive securities on a risk adjusted basis. Canadian, US and overseas markets are all considered.
A wide net is cast across the stock universe to seek out the most attractive securities on a risk adjusted basis. Canadian, US and overseas markets are all considered.
A wide net is cast across the stock universe to seek out the most attractive securities on a risk adjusted basis. Canadian, US and overseas markets are all considered.
“The person who turns over the most stones wins!”
– Peter Lynch
“The person who turns over the most stones wins!”
– Peter Lynch
“The person who turns over the most stones wins!”
– Peter Lynch
Companies with superior business models, high returns on invested capital, and large market opportunities to sustain EPS growth are prioritized. Such companies offer significant share price appreciation potential over the long term. These types of companies are widely held within the Linde Equity Fund.
Companies with superior business models, high returns on invested capital, and large market opportunities to sustain EPS growth are prioritized. Such companies offer significant share price appreciation potential over the long term. These types of companies are widely held within the Linde Equity Fund.
Companies with superior business models, high returns on invested capital, and large market opportunities to sustain EPS growth are prioritized. Such companies offer significant share price appreciation potential over the long term. These types of companies are widely held within the Linde Equity Fund.
Concentrated Approach
Concentrated Approach
Concentrated Approach
The Linde Equity Fund cherry picks the most attractive securities from particular asset classes and sectors and place them in a single fund. Instead of dilution and over- diversification, the Linde Equity Fund offers investors a concentrated portfolio of 30 to 40 top picks.
The Linde Equity Fund cherry picks the most attractive securities from particular asset classes and sectors and place them in a single fund. Instead of dilution and over- diversification, the Linde Equity Fund offers investors a concentrated portfolio of 30 to 40 top picks.
The Linde Equity Fund cherry picks the most attractive securities from particular asset classes and sectors and place them in a single fund. Instead of dilution and over- diversification, the Linde Equity Fund offers investors a concentrated portfolio of 30 to 40 top picks.
Our Performance
Our Performance
Our Performance
The Linde Equity Fund incurs moderate risk targeting at least a 7% annualized return after fees over the long term.
The Linde Equity Fund incurs moderate risk targeting at least a 7% annualized return after fees over the long term.
The Linde Equity Fund incurs moderate risk targeting at least a 7% annualized return after fees over the long term.
Annualized Returns as of March 31, 2025 (net of fees)
Annualized Returns as of March 31, 2025 (net of fees)
Annual Returns (net of fees)
Annual Returns (net of fees)
1 Year
2 Years
3 Years
5 Years
8 Years
Inception
+7.9%
+8.9%
+3.2%
+14.5%
+9.5%
+9.7%
2017
2017
2018
2018
2019
2019
2020
2020
2021
2021
2022
2022
2023
2023
2024
2024
2025 YTD
2025 YTD
+14.0%
+14.0%
-5.5%
-5.5%
+22.8%
+22.8%
+25.1%
+25.1%
+25.5%
+25.5%
-14.9%
-14.9%
+5.6%
+5.6%
+21.4%
+21.4%
-4.3%
-4.3%
1 Year
2 Years
3 Years
5 Years
8 Years
Inception
+7.9%
+8.9%
+3.2%
+14.5%
+9.5%
+9.7%
What Our Clients Say
What Our Clients Say
What Our Clients Say
BC
BC
Teal has been the best investment advisor we have ever worked with. After 10 years with an advisor who worked only with mutual funds and generated poor returns, we switched to Teal and over the last 12 years we have seen our portfolio develop beyond our hopes. You must be prepared for a few ups and downs as he invests in stocks, but over a reasonable length of time (say 5 years) I predict you will be very happy. Like the reviewer who made one investment and saw it fail, we have seen a few poorly performing stocks over the years but not many! With no pension plan or benefits after retirement we need to build up a substantial portfolio and we have no doubt Teal will get us there.
Teal has been the best investment advisor we have ever worked with. After 10 years with an advisor who worked only with mutual funds and generated poor returns, we switched to Teal and over the last 12 years we have seen our portfolio develop beyond our hopes. You must be prepared for a few ups and downs as he invests in stocks, but over a reasonable length of time (say 5 years) I predict you will be very happy. Like the reviewer who made one investment and saw it fail, we have seen a few poorly performing stocks over the years but not many! With no pension plan or benefits after retirement we need to build up a substantial portfolio and we have no doubt Teal will get us there.
PS
PS
Our retirement fund has tripled in value since Linde Equity took over management, way better than I have done over 40 years of trying.
Our retirement fund has tripled in value since Linde Equity took over management, way better than I have done over 40 years of trying.
GF
GF
We have been with Teal for over 10 years now and he has consistently outperformed any of our other investment channels including Vancouver property. I can honestly say that Teal not only allowed me to be able to retire 7 years earlier than planned but also in a financially healthier position.
We have been with Teal for over 10 years now and he has consistently outperformed any of our other investment channels including Vancouver property. I can honestly say that Teal not only allowed me to be able to retire 7 years earlier than planned but also in a financially healthier position.
Contact Us
Contact Us
Contact Us
Linde Equity was founded in 2000 to research
and offer advice to individual investors. The firm
is registered as a portfolio manager and exempt
market dealer in British Columbia, Alberta,
Saskatchewan, Manitoba and Ontario, and as an
investment fund manager in British Columbia and
Ontario.
LINDE EQUITY
Suite 330 – 1385 West 8th Avenue
Vancouver, BC, V6H 3V9
Tel: 604‐738‐5200
Email: info@lindeequity.com
Inception
+9.7%