MPL Communications Inc. is Canada's largest provider of independent investment advice. MPL's publications include The Investment Reporter, one of the oldest continuously-published investment advisories in North America.

The company was founded in 1941 by investment adviser George Armstrong, who was determined to supply individual Canadian investors with the information and advice then available only to "insiders". Mr. Armstrong's investment philosophy -- judging a company on its merits, buying undervalued stocks and holding them, building a portfolio for long-term gains -- is widely practised today, usually under the heading of "value investing".

To perpetuate his ideas, Mr. Armstrong founded the Investment Planning Committee which continues to meet regularly to assess the investment picture and discuss their "buy-sell" recommendations for Canadian investors.

Over a period of 20 years, from 1983 to 2003, the stock recommendations of the Investment Planning Committee had a compound annualized return of 12.6 per cent. Over the same 20 years, the compound annualized return for all Canadian equity mutual funds was 8.4 per cent. These figures come from the leading independent advisory survey service, the Hulbert Financial Digest of Annandale, Va.

You can learn more about MPL's many investment advisories at http://www.adviceforinvestors.com/.