The Dollarama Trend

At 6 billion dollar market capitalization, this is not just any discount store. The store sells Cleaning supplies, Toys, Candy, Grocery, Gifts, Healthcare products, Kitchenware, Stationery, Party Supplies, Hardware. The game is sourcing, pricing and distribution. The competency comes from history, size and real estate. And then consumption does the rest.
This was our last exit from the RMI Toronto 10, up 75% in 475 holding days. BCE was another top exit at 65%.
The RMI Toronto Active 10; holds components for an average 313 days, delivered 40% annualized (over 10 years), at 18% Standard deviation; and outperformed secularly in all the 12 years. This compared to the TSX; at 6.5% annualized, 18% Standard Deviation and secular under-performance against RMI over the last 12 years.