RSIF Analyst Application

Student number: 1001075613

Toronto, September 20, 2014

Dear RAMA Executive Team,

Dear Scott,
Dear Arun,

As a management consultant in the German banking sector for the past 3 years, I have organized and
facilitated several workshops at different levels in the organizations. Subsequently, I have learnt about
the operations in the financial sector, and I have had the opportunity to gain insight into the North
American investment banking industry. I came to Rotman to gain academic knowledge, to expand my
network, and to explore the Canadian industry. Alternative investments such as hedge funds fascinate
me; portfolio management matches my consulting experience and my analytical skills. I have attended
numerous AIMA (Alternative Investment Management Association, Canada) events and met with several
investment and hedge fund managers and related professionals during the last year. The opportunity to
join RAMA in the position of Junior Analyst would deepen my knowledge and understanding of the
Canadian stock markets and contribute to RAMA and Rotman with my engagement and analytical skills. I
believe this position will require around 15 hours per week, a time commitment which I can balance
with academics and other commitments and I am very motivated to invest.
I consider, that a good company for investment must have a good track record, and especially
considering returns in a period of 3, 5 and 10 years, as well as a reasonable amount of liquid assets. As
of today, the companys ability to recover after 2008 is also a main indicator for a reliable organization in
terms of investment. Most importantly, the firms dividends payoff time and reinvestment strategies
should match the investment strategy.
My interest in alternative investments leads me to be really interested in the real estate industry.
Nevertheless, as the son of the Peruvian Consul in Toronto, I have been able to make good networking
with the mining and financial industries. Also, during my time as a management consultant for the
finance industry in Frankfurt, Germany, I was able to make good contacts within the European banking
sector. My academic background is in health care, as I have a PhD in Medicinal Chemistry. During my
PhD thesis in prostate cancer research, I was able to establish many contacts within the health industry,
and learned a lot about the industries drivers. In a nutshell, my interests are prioritized as: real estate,
finance, mining, health care.
Blackberrys stocks are the most promising stock to buy before the beginning of the next fiscal year. In
March 2011 they reached a maximum of $70 per share, to drop to 10% of their value a low of $7 in

September 2012. Since then they have remained low, between $10 and $15 per share. Right now it is
back at pre-announcement levels, at $12 per share. Blackberry is now up 98% from yearly lows and only
7% below its high. 31 well-renowned Canadian and New York analysts predict the shares to fall only
$0.16 per share this year, compared to $0.47 last year. Last fiscal year, the hardware department was
making $2,5B loses, and therefore the Ottawa product research centre was shut down. Blackberrys
restructuring is over, and the company is stable again. Meanwhile, the service and software department
made a positive total revenue of $2.5B last year. The latest acquisition of Movirtu, which allows multiple
number on a device, complements the idea of Blackberry redesigning their hardware department and
going into wearable devices. Blackberry targets clients aware of secure mobile data and device
management. Blackberry Enterprise Services grew over a million activations earlier this year, especially
in India. The banking, insurance and healthcare services are a market in which Blackberry faces no
competition. Despite Blackberrys downfalls in the past, the success of their software systems and
restructuring of their hardware systems will lead to a progressive stock growth in the upcoming fiscal
year.