Income Managed
Counsel Income Managed Portfolio will be managed using an active asset allocation approach between domestic fixed income and equity investments and may invest in U.S. equity securities from time to time. The investment allocations to each asset class is constantly monitored and, if necessary, adjusted to remain consistent with the investment objective.
This portfolio has three distinct areas of investment decision making, each managed by independent investment specialists:
1. Asset Allocation – a manager is responsible for determining the most appropriate mix of assets for risk and return management, based upon economic and risk analysis.
2. Investment Specialists – these are the investment managers hired by Counsel Wealth Management. Their role is to manage risk and return within their specific investment portfolios.
3. Review Manager – this manager reviews for the potential to generate long-term capital growth.
Sub-Advisors & Underlying Funds
Thornmark Asset Management Inc.
For its own allocation, Thornmark invests in Canadian fixed income and equity investments using a combination of top-down macro-economic and market assessments with bottom-up security analysis. Thornmark may also invest in U.S. equity securities.
Target Allocation* – 25% to 35%
Mandate – Asset Allocation and Portfolio Manager
TD Canadian Bond Fund
The emphasis is to earn a high rate of interest income through investments in highquality bonds and debentures issued principally by Canadian borrowers in Canadian dollars. Securities may consist of debt obligations of, or guaranteed by, Canadian federal, provincial or municipal governments, Canadian chartered banks, Canadian loan or trust companies or Canadian corporations. Initially, this will be achieved through a direct investment in TD Canadian Bond Fund.
Target Allocation* - 20% to 60%
Mandate – Fixed Income
RBC Canadian Dividend Fund
The emphasis is to seek regular dividend income, which benefits from the preferential tax treatment given to dividend income, and modest long-term capital growth by investing primarily in Canadian equity securities with above average dividend yields. Initially, this will be achieved through a direct investment in RBC Canadian Dividend Fund.
Target Allocation* - 20% to 50%
Mandate – Canadian Dividend-paying-Equities
Features and Benefits
· Three levels of independent investment decision making, distinguishing it from other tactical managed funds
· Exposure to independent management firms with strong investment processes, and strong records of risk adjusted returns
· Proper diversification created through the optimal combination of equity, fixed income, geographic exposure, capitalization ranges and investment management style
· Independent asset allocation advice through an investment consulting firm retained by Counsel to provide asset class and capital market inputs to Counsel for use in its analysis.
· Counsel’s rigorous manager selection and ongoing due diligence process
· Portfolio rebalancing to the appropriate asset mix on a regular basis
· Single consolidated semi annual investment reports are provided to investors
· Clear and concise reporting and communications
*Subject to change without notice
Counsel Income Managed Portfolio At-A-Glance
Counsel Income Managed Portfolio Brochure
Counsel Income Managed Portfolio FAQ
Counsel Income Managed Portfolio Financial Statement
Counsel Income Managed Portfolio MRFP
Counsel Income Managed Portfolio Quarterly Portfolio Disclosure