Overview

• The LRT Global Opportunities Strategy fell 8.00% net in September and was down 0.17% year to date, according to its Q3 2025 investor letter.
• The firm emphasizes a systematic long/short approach with explicit downside risk controls and low net exposure to equities.
• For The Toronto-Dominion Bank, LRT highlights a durable position within Canada’s banking oligopoly and sustained growth from U.S. retail expansion.
• LRT cites RLI’s underwriting discipline and Toro’s brand strength plus dealer network as key sources of competitive advantage.
• For Colliers, LRT underscores a decentralized, ownership-driven model, with financial outlets republishing the letter on Oct. 7 alongside Oct. 6 closing prices and market capitalizations for the highlighted stocks.