5 Portfolios · Multi-Asset Portfolios . Objective Selection of Top 3. rd. Party Managers. 5...
Transcript of 5 Portfolios · Multi-Asset Portfolios . Objective Selection of Top 3. rd. Party Managers. 5...
Multi-Asset Portfolios Objective Selection of Top 3rd Party Managers
5 Portfolios
Asset Allocation• Morningstar’s valuation-driven approach • Avoids overvalued market areas • Pursues undervalued market areas
Portfolio Construction • Uses active where active works best• Uses ETFs where passive works better • Mutual funds, pooled funds, ETFs
Monitoring/Adjusting• Allocation to fixed income and equities
can vary +/- 15%• Aligned with 5 Investor Risk Profiles
EX
PE
CTE
D R
ETU
RN
E X P E C T E D R I S K
Program at a Glance
Fixed Income Equities
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
Morningstar Conservative Portfolio
Morningstar Moderate Portfolio
Morningstar Balanced Portfolio
Morningstar Growth Portfolio
Morningstar Aggressive Portfolio
Access to Top Managers
INDEPENDENT PLATFORM
Exclusively on the
INDEPENDENT PLATFORM
Exclusively on the
BMO Global Asset Management is a brand name that comprises of BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO’s specialized investment management firms. ®“BMO (Mbar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence. Invesco is a registered business name of Invesco Canada Ltd. Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. ® Invesco Canada Ltd., 2017. iShares® and BlackRock® are registered trademarks of BlackRock, Inc. and its affiliates (“BlackRock”) and are used under license. BlackRock makes no representations or warranties regarding the advisability of investing in any product or service offered by Bridgehouse Asset Managers (“Bridgehouse”), the retail trade name of Brandes Investment Partners & Co. BlackRock has no obligation or liability in connection with the operation, marketing, trading or sale of any product or service offered by Bridgehouse. BlackRock, Inc. and its affiliates (“BlackRock”) has not participated in the construction of any funds managed by Bridgehouse nor has it provided any investment advice in respect thereof. BlackRock has no obligation or liability in connection with any services, products or recommendations provided by Bridgehouse. BlackRock does not guarantee the performance of any iShares exchange-traded fund. Capital Group funds are offered in Canada by Capital International Asset Management Inc. (Canada). The TD logo and other trade-marks are the property of The Toronto-Dominion Bank. Managers are owners of their mark. Managers shown are part of the Morningstar Managed Investments Program and may not necessarily be part of each individual portfolio.
INDEPENDENT PLATFORM
Exclusively on the
INDEPENDENT PLATFORM
Exclusively on the
FOR REGISTERED DEALERS AND THEIR REGISTERED SALESPERSONS’ USE ONLY. NOT FOR DISTRIBUTION TO INVESTORS. Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. (Bridgehouse). Brandes Investment Partners® is a registered trademark of Brandes Investment Partners, L.P. (Brandes LP), which is an affiliate of Bridgehouse. As manager of the Bridgehouse Funds, Bridgehouse has chosen Morningstar Associates Inc., a registered portfolio manager and wholly owned subsidiary of Morningstar Research Inc., to serve as a portfolio sub-advisor and as such, provide managed selection, asset allocation, portfolio construction and monitoring services for certain Bridgehouse Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. This material has been provided by Bridgehouse and is for informational purposes only. It should not be construed as a recommendation to buy or sell. Morningstar Associates is not acting in the capacity of advisor to individual investors. The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Associates is not affiliated with Bridgehouse or its affiliates. Morningstar Associates encourages you to obtain and review the Bridgehouse Funds prospectus, or an equivalent document prior to making an investment decision. This material has been provided by Morningstar for information purposes only and in no way should be construed as advice or establishing any kind of advisory relationship with Bridgehouse Asset Managers. All information, data, results, analysis, including but not limited to the Investment Policy Statement and Investor Profile Questionnaire are published by Morningstar Associates Inc., (Morningstar). The Morningstar name and logo are registered marks of Morningstar, Inc. Managers shown are part of the Morningstar Managed Investments Program and may not necessarily be part of each individual portfolio. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. For any additional information, please contact your Bridgehouse Regional Sales Team. Published July 2020.
MMIP is available exclusively through Bridgehouse Asset Managers. Learn more: MstarBridgehouse.com33 Yonge Street | Suite 300 | Toronto | ON | M5E 1G4 | 416.306.5700 | 888.861.9998
Program at a Glance
*MER is further reduced by 5bps (through management fee rebates) for investors with Fund account balances >$100,000. IFixed Income IEquities
As at June 30, 2020
1. BMO Aggregate Bond Index ETF 13.5%
2. Leith Wheeler Core Bond Fund 11.5%
3. TD Canadian Bond Fund 11.0%
4. PIMCO Monthly Income Fund 8.8%
5. Beutel Goodman Short Term Bond Fund 8.0%
6. Templeton Global Bond Fund 5.7%
7. Beutel Goodman Core Plus Bond Fund 5.0%
8. Vanguard Canadian Short-Term Bond Index ETF 4.5%
9. BMO Real Return Bond Index ETF 4.0%
10. Capital Group Global Equity Fund (Canada) 3.8%
1. BMO Aggregate Bond Index ETF 12.2%
2. Leith Wheeler Core Bond Fund 9.7%
3. TD Canadian Bond Fund 9.2%
4. Capital Group Global Equity Fund (Canada) 7.0%
5. PIMCO Monthly Income Fund 5.3%
6. Beutel Goodman Short Term Bond Fund 5.2%
7. Galibier Canadian Equity Pool 5.0%
8. Templeton Global Bond Fund 4.5%
9. Beutel Goodman Core Plus Bond Fund 4.0%
10. Mackenzie Ivy Canadian Fund 3.5%
1. Leith Wheeler Core Bond Fund 8.5%
2. TD Canadian Bond Fund 7.5%
3. Capital Group Global Equity Fund (Canada) 7.3%
4. BMO Aggregate Bond Index ETF 5.3%
5. Vanguard FTSE Canada Index ETF 4.5%
6. Canoe Defensive International Equity Fund 4.2%
7. Galibier Canadian Equity Pool 4.0%
8. Beutel Goodman American Equity 4.0%
9. CI Black Creek International Equity Fund 4.0%
10. Invesco Global Endeavour Fund 3.8%
1. Capital Group Global Equity Fund (Canada) 9.3%
2. Vanguard FTSE Canada Index ETF 5.6%
3. Galibier Canadian Equity Pool 5.1%
4. Invesco Global Endeavour Fund 5.1%
5. Beutel Goodman American Equity 5.1%
6. Mackenzie Ivy Canadian Fund 4.8%
7. CI Black Creek International Equity Fund 4.5%
8. Canoe Defensive International Equity Fund 4.5%
9. Pender Value Fund 4.1%
10. Franklin Bissett Canadian Equity Fund 4.0%
1. Capital Group Global Equity Fund (Canada) 10.5%
2. Galibier Canadian Equity Pool 6.5%
3. Invesco Global Endeavour Fund 6.0%
4. CI Black Creek International Equity Fund 5.7%
5. Canoe Defensive International Equity Fund 5.7%
6. Beutel Goodman American Equity 5.5%
7. Vanguard FTSE Canada Index ETF 5.5%
8. Franklin Bissett Canadian Equity Fund 5.5%
9. Pender Value Fund 5.0%
10. Mackenzie Ivy Canadian Fund 5.0%
Risk Rating
Series F Code
Series F MER*
Series A Code
Series A MER*
Risk Rating
Series F Code
Series F MER*
Series A Code
Series A MER*
Risk Rating
Series F Code
Series F MER*
Series A Code
Series A MER*
Risk Rating
Series F Code
Series F MER*
Series A Code
Series A MER*
Risk Rating
Series F Code
Series F MER*
Series A Code
Series A MER*
Morningstar Conservative Portfolio
Morningstar Moderate Portfolio
Morningstar Balanced Portfolio
Morningstar Growth Portfolio
Morningstar Aggressive Portfolio
Top 10 Holdings
Top 10 Holdings
Top 10 Holdings
Top 10 Holdings
Top 10 Holdings
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
80%20%
60%40%
40%60%
20%80%
5%95%
Low
BIP 517
1.01%
BIP 107
1.86% (75bps trailer)
Low to Medium
BIP 519
1.11%
BIP 109
2.07% (85bps trailer)
Low to Medium
BIP 516
1.15%
BIP 106
2.27% (100bps trailer)
Medium
BIP 518
1.21%
BIP 108
2.36% (100bps trailer)
Medium
BIP 515
1.26%
BIP 105
2.39% (100bps trailer)