Bidcorp

Bidcorp is a top 10 holding within our equity and balanced funds.

It is a food services business offering a one-stop supply solution for restaurants, food and hotel chains across 35 countries on five continents.

The business benefits from scale and continues to grow organically by capturing the secular shift to out-of-home consumption as well as by consolidating a fragmented industry.

We believe the current valuation does not adequately capture the long-term strong growth that Bidcorp is able to deliver.

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