Value Contrarian Asset Management (VCAM) is a Montreal-based independent investment management firm. The company was founded by Benjamin Horwood in 1995.

VCAM manages the Value Contrarian Equity Fund (VCEF) which commenced in 1988 as a private partnership and became publicly available in 1997. The Fund has a superior 25 year track record, particularly during bear market declines. In addition, VCAM manages individual portfolios for institutions, high net worth individuals and accredited investors. 

At Value Contrarian, we invest in easy to understand, quality businesses with promising futures, if available at reasonable valuations. Patient, long-term investors who want to grow wealth prudently will find the Value Contrarian Equity Fund an appropriate choice.



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Value Contrarian Asset Management


Bank of Commerce Center

1155 boul. René Lévesque West Suite 2500

Montréal, Québec 

H3B 2K4, Canada

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Contact Information


Tel: (514) 398-0808

Fax: (514) 398-9602