Our experienced portfolio management team is guided by three principles. Over time, we believe that, by adhering to these principles, we can optimize the risk-reward relationships inherent in financial markets.
Discipline - A quarterly review of each portfolio is undertaken to maintain the allocation of securities within specified ranges for each asset class (cash, income-producing, equities). We do not time the market but stay invested in all asset classes and all sectors of the economy.
Team Based Portfolio Management
The IAIC portfolio management team works together to review each security held and to explore new investment opportunities. The team meets bi-weekly to update our research and review macroeconomic trends and leading economic indicators. Each portfolio manager researches stocks in specific economic sectors but all investment decisions are made by consensus.
We communicate our strategies regularly with our network of investment advisors, financial planners and accountants. Team members share information about global economic issues and company-specific research.
Each portfolio is customized to meet each client’s risk tolerances.
After a comprehensive analysis of client objectives and needs, an investment plan is prepared with allocations of each asset class within a range. Portfolios are then constructed with income-producing securities (bonds, preferred shares and income trust units) combined with a blend of Canadian, US and International equities.
In the initial stages of becoming an IAIC client, transition plans are put in place to mitigate tax liabilities and minimize fees associated with the disposition of any securities which do not fit our investment mandates.
Your IAIC portfolio holds individual stocks and bonds. It is not co-mingled with a larger pool of funds.
Maintaining and Building the Relationship with Each Client
IAIC reviews each portfolio on a quarterly basis or more frequently if there are large cash infusions or withdrawals. We determine the relative performance of each asset class and adjust the portfolio to conform within specified ranges and each client’s risk tolerance. Keeping you informed of your portfolio status is key to maintaining our relationship. Our custodian provides monthly investment statements for each account. IAIC consolidates all of your household accounts into a client-friendly quarterly statement.
IAIC ensures regular meetings are held with you to review any changes in your personal circumstances and to review the performance of your portfolio. When warranted, we work with you to modify your investment plan.
Each portfolio has four broad mandates: