FAQs

FAQs

Frequently asked questions

Click on a question below to learn more.

What makes you different?

A combination two things differentiates us from other portfolio managers, mutual funds and investment advisors.

  • We offer a complete solution and
  • Have a capital preservation emphasis on which part of our compensation is dependent

Who manages the managed portfolios?

Here are the key people involved in managing the portfolios:

  • Grant MacEachern is the portfolio manager. With 15+ years in the investment industry, Grant brings a wealth of experience to his role.
  • As an economist, Murray Smith provides strategic direction for the portfolios primarily through macroeconomic analysis. He also provides technical analysis as well.
  • The Chief Investment Officer at Macquarie Private Wealth provides additional input and direction as required.

What is your investment strategy?

With increased market interconnectedness and a dynamic and evolving global economy, we believe active management, as opposed to other philosophies (e.g., buy-and-hold) will provide you the best opportunity for returns and capital preservation in the long term.

How does the portfolio manager choose securities in the managed portfolios?

We follow a disciplined and repeatable process to choose our top 15-25 ideas for each portfolio. We continuously evaluate:

  • Economic and market trends to determine broad upside potential as well as downside risk. We use this information to establish a portfolio’s cash-to-equity ratio and to find securities that should benefit the most from the trends.
  • Fundamental and technical scans to find the securities best set up for success from the over 4,000 securities available on North American exchanges.

How can I keep informed of changes in the managed portfolios?

With your Macquarie account you have secure online access to portfolio changes as they happen through Envoy (our online client resource centre).  We also write a monthly report providing an explanation on portfolio activity.

How can I keep informed on the economic and financial factors moving markets and impacting my investments?

Stay informed on current events via our blog, the Market Monitor

Do you provide rationale for your decisions?

Yes. We offer a variety of ways for you to keep on top of what we’re thinking:

Are your managed portfolios like a mutual fund?

Yes and no.

  • Yes, as the investment decisions are made by the portfolio manager, meaning you share in our best ideas at the same time as all our clients.
  • No, as you own the individual securities in your account — instead of “units” — optimizing your tax efficiency while maintaining your liquidity.
  • Unlike mutual funds, we actively work to reduce your capital risk by having the ability and discipline to move to 100% as market conditions warrant. (mutual fund analysis)
  • With us, you can contact the portfolio manager directly.

What are the managed portfolios’ return objectives?

We set return objectives based on the risk tolerances associated with each portfolio. But returns are just one side of the equation. We also set downside, capital preservation objectives as well.

Is there a minimum for the managed portfolios?

You can start with as little as $100,000 to invest in a managed portfolio.

What are your fees?

We charge a competitive management fee based on the amount of assets you hold with us. These fees cover all costs including trading costs, exchange fees, administration, expenses and portfolio management. We are happy to provide the fee schedule; contact us directly to receive it.

Are managed portfolios RRSP and TFSA eligible?

Yes. Our managed portfolios can be held in both RRSP and TFSA accounts as well as non-registered accounts.

 

The comments contained herein are general in nature and are not intended to be, nor should be construed to be, legal or tax advice to any particular individual. Accordingly, individuals should consult their own tax advisors for advice with respect to the tax consequences to them, having regard to their own particular circumstances.

Commissions, trailing commissions, management fees/expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, their values will change and past performance may not be repeated.