Validea Canada: Ratings Changes - Guru Upgrades and Downgrades

Ticker	Company	Strategy	Guru Based On	Date of Change	Old	New
FM	First Quantum Minerals Limited	Contrarian Investor	David Dreman	8/16/2019	No Interest	Some Interest
MFC	Manulife Financial Corp.	Low PE Investor	John Neff	8/15/2019	Some Interest	No Interest
FFH	Fairfax Financial Holdings Ltd	Earnings Yield Investor	Joel Greenblatt	8/15/2019	Some Interest	Strong Interest
IAG	iA Financial Corporation Inc	Low PE Investor	John Neff	8/15/2019	Some Interest	No Interest
TOY	Spin Master Corp	Price/Sales Investor	Kenneth Fisher	8/14/2019	No Interest	Strong Interest
NVU.UN	Northview Apartment REIT	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
DRG.UN	Dream Global REIT	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
ERF	Enerplus Corp	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
NWH.UN	NorthWest Health Prop Real Est Inv Trust	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
WDO	Wesdome Gold Mines Ltd	Small-Cap Growth Investor	Motley Fool	8/13/2019	No Interest	Some Interest
AQN	Algonquin Power & Utilities Corp	Earnings Yield Investor	Joel Greenblatt	8/13/2019	Some Interest	Strong Interest
CTC	Canadian Tire Corporation Limited	Earnings Yield Investor	Joel Greenblatt	8/10/2019	Some Interest	Strong Interest
LNR	Linamar Corporation	Value Investor	Benjamin Graham	8/10/2019	Some Interest	No Interest
DRG.UN	Dream Global REIT	P/E/Growth Investor	Peter Lynch	8/10/2019	Strong Interest	Some Interest
IFP	Interfor Corp	Earnings Yield Investor	Joel Greenblatt	8/10/2019	Strong Interest	Some Interest
CIX	CI Financial Corp	Contrarian Investor	David Dreman	8/10/2019	Strong Interest	No Interest
SMF	Semafo Inc.	P/E/Growth Investor	Peter Lynch	8/7/2019	Some Interest	Strong Interest
RCI.A	Rogers Communications Inc.	Growth/Value Investor	James P. O'Shaughnessy	8/7/2019	Strong Interest	No Interest
MX	Methanex Corporation	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
ECA	Encana Corp	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
VII	Seven Generations Energy Ltd	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
BEP.UN	Brookfield Renewable Partners LP	Earnings Yield Investor	Joel Greenblatt	8/6/2019	Some Interest	No Interest
APHA	Aphria Inc	P/E/Growth Investor	Peter Lynch	8/6/2019	No Interest	Strong Interest
TOU	Tourmaline Oil Corp	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
ARX	ARC Resources Ltd	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
EFN	Element Fleet Management Corp	P/E/Growth Investor	Peter Lynch	8/3/2019	Some Interest	No Interest
IAG	iA Financial Corporation Inc	P/E/Growth Investor	Peter Lynch	8/3/2019	Some Interest	Strong Interest
TRI	Thomson Reuters Corp	Earnings Yield Investor	Joel Greenblatt	8/3/2019	No Interest	Some Interest
CNQ	Canadian Natural Resources Ltd	Contrarian Investor	David Dreman	8/3/2019	No Interest	Some Interest
TOU	Tourmaline Oil Corp	P/E/Growth Investor	Peter Lynch	8/2/2019	No Interest	Some Interest
TD	Toronto-Dominion Bank	Low PE Investor	John Neff	8/2/2019	No Interest	Some Interest
CIGI	Colliers International Group Inc	Earnings Yield Investor	Joel Greenblatt	8/1/2019	Some Interest	Strong Interest
MIC	Genworth MI Canada Inc	Contrarian Investor	David Dreman	8/1/2019	Some Interest	No Interest
AEM	Agnico Eagle Mines Ltd	P/E/Growth Investor	Peter Lynch	7/30/2019	No Interest	Strong Interest
CNR	Canadian National Railway Company	Patient Investor	Warren Buffett	7/30/2019	No Interest	Some Interest
TIH	Toromont Industries Ltd	Growth/Value Investor	James P. O'Shaughnessy	7/27/2019	Strong Interest	No Interest
HSE	Husky Energy Inc.	Price/Sales Investor	Kenneth Fisher	7/27/2019	No Interest	Some Interest
IMO	Imperial Oil Ltd	Price/Sales Investor	Kenneth Fisher	7/26/2019	No Interest	Some Interest
ACO	ATCO Ltd.	P/E/Growth Investor	Peter Lynch	7/26/2019	No Interest	Strong Interest
RCI.A	Rogers Communications Inc.	Growth/Value Investor	James P. O'Shaughnessy	7/24/2019	No Interest	Strong Interest
LNR	Linamar Corporation	Contrarian Investor	David Dreman	7/23/2019	Strong Interest	Some Interest
LIF	Labrador Iron Ore Royalty Corporation	Small-Cap Growth Investor	Motley Fool	7/20/2019	Some Interest	No Interest
ECA	Encana Corp	Book/Market Investor	Joseph Piotroski	7/17/2019	No Interest	Some Interest
MFI	Maple Leaf Foods Inc	P/E/Growth Investor	Peter Lynch	7/16/2019	Some Interest	No Interest
HSE	Husky Energy Inc.	Book/Market Investor	Joseph Piotroski	7/16/2019	No Interest	Some Interest
IMO	Imperial Oil Ltd	Price/Sales Investor	Kenneth Fisher	7/12/2019	Some Interest	No Interest
LIF	Labrador Iron Ore Royalty Corporation	Small-Cap Growth Investor	Motley Fool	7/6/2019	Some Interest	No Interest
RCI.A	Rogers Communications Inc.	Growth/Value Investor	James P. O'Shaughnessy	7/3/2019	Strong Interest	No Interest
CJR.B	Corus Entertainment Inc.	Contrarian Investor	David Dreman	7/2/2019	No Interest	Strong Interest
MIC	Genworth MI Canada Inc	Contrarian Investor	David Dreman	7/2/2019	No Interest	Some Interest