Because you have other things you'd like to be doing...
Managed Money: the next step for your portfolio
you already own a handful of mutual funds and stocks designed to build
the financial future of your dreams. but you're dissatisfied. When you
look over your portfolio, you notice your portfolio isn't exactly in
line with your expectations - both in terms of performance and in terms
of your long-range financial goals. You'd like to take your portfolio
to the next level, but you don't know how. It sounds like managed money
could be exactly what you're looking for.
As most of our clients
already know, managed money is an investment concept we believe in
strongly. Simply put, managed money portfolios are the next step in the
evolution of your portfolio. They offer you more of the things you
want from your investments - customization, expertise and peace of mind -
and less of the things you don't want - hassles, anxiety and expenses.
Allow us to explain some of these benefits a little further.
Customized Diversification and Asset Allocation
money portfolios offer you an efficient way to ensure your assets
remain optimally allocated at all times. Most managed money programs
offer cost-effective diversification opportunities and allow you to
spread your money in different investments according to your exact
needs. This ensures you enjoy the balance of risk and reward that works
for you at all times.
professionals overseeing managed money accounts are the elite of the
investment world. Because they are often compensated on a performance
basis (the more money they make for investors, the more money they make
for themselves), the talent pool in managed money tends to be superior
to that in mutual funds, giving you access to the best of the best.
Their ongoing attention and investment assessments can take your
portfolio to the next level while you sleep soundly, knowing your
portfolio is in good hands.
Top-Quality Service Without The Hassles
money is the ultimate hassle-free way to invest. Consolidated
performance reports make it easy to keep up-to-date on your progress -
you'll always know where you stand. And a single flat fee ( which is
often tax-deductible) ensures you'll always get the advice you need
without worrying about unnecessary trades.
The Advance Portfolio Without The Hassles
way to move into the arena of managed money is through the BMO Nesbitt
Burns Advance Program. This program offers a disciplined process of
growing your assets through proactive, consistent performance and offers
exposure to some of the best money managers in the business. You pay
only a single flat fee, and gain access to a more efficient and
effective way to invest.
Would you like to know more about
your options in managed money? I'd be happy to discuss the topic
further with you. And if you'd like more information on Advance or
other managed money programs, please give us a call. We'd be happy to
answer any questions you may have.
Fixed Income Products
of my clients are at a stage in their lives where fixed-income is a
high priority in their investment strategy. With this in mind, we can
help you customize a fixed income portfolio with the goal of providing a
monthly income. Despite the fact that cash is paid out on a monthly
basis, capital preservation will be the key objectives, a factor that is
important in meeting your long-term goals.
A Brief Overview of Fixed Income Products...
income investments (so called because the rate of interest is normally
fixed at a certain level) involve you "loaning" your money to a
government entity or a corporation for a specified time. In return, you
receive interest. Depending on the issue, these interest payments may be
made annually, semi-annually, monthly, or be allowed to compound until
the date of maturity (at which time your original investment is
Among the wide variety of fixed income investments
are treasury bills, Canadian and foreign bonds and debentures, strip
bonds, NHA Mortgage-Backed Securities and GICs. Issuers include the
federal and provincial governments, crown corporations, municipalities
and public companies.
As a comprehensive introduction to the
world of fixed income investing, BMO Nesbitt Burns offers The Bond Book.
A copy is yours on request. Your BMO Nesbitt Burns Investment Advisor
can provide additional background and assist you in assembling a fixed
income portfolio designed to assist you in meeting your long- and
short-term investment goals.
Bonds and Debentures
issued to cover periods from one to 30 years, bonds and debentures
provide dependably competitive interest income and a known maturity
value. If your investment is held to maturity, periodic interest
payments and repayment of invested capital are promised. However, your
bond or debenture may also be sold prior to maturity in an attempt to
take advantage of interest rate movements. As interest rates decrease,
the value of bonds and debentures increases and vice versa.
bonds are created by separating (or stripping) the principal amount of a
bond or debenture from its coupon payments. Strip bonds are priced at a
discount to their maturity value. As an investor, you are assured a
known value at maturity and a competitive return. As a result, strip
bonds are a popular choice for investors who do not require current
income or who are saving for future goals. As with bonds and debentures,
strip bonds may also be traded over the shorter term — in anticipation
of interest-rate movements — in an effort to generate gains.
NHA Mortgage-Backed Securities
an interest in a pool of Canadian residential first mortgages, NHA
Mortgage-Backed Securities offer federal government backing, monthly
interest, a competitive rate of return and good liquidity. Sold in
$5,000 denominations in terms of up to 10 years (and with the backing of
Central Mortgage and Housing Corporation, an agency of the the federal
government) NHA Mortgage-Backed Securities are particularly well suited
to investors seeking a regular income stream and who appreciate the fact
that their investment is secured with real bricks and mortar.
Treasury Bills and other Money Market Instruments
money market instruments appeal to investors looking for competitive
returns for short periods of time. Issued for terms of one month to one
year (and with a wide variety of maturity dates to match your needs)
treasury bills, bankers' acceptances and commercial paper are
attractive, higher-yielding alternatives to bank accounts and term
For more detailed information, please read "The Bond Book" located under publications or contact me directly.