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Jim Struthers
Cindy Rae Tanguay
Maria Almo

Tel: 780-945-5282

800 Manulife Place
10180 - 101 Street
Edmonton, AB
T5J 3S4

Guided Portfolios

The Guided Portfolio process is a simple process designed to provide a disciplined approach to managing your equity portfolio. By following the process’ guidelines, your portfolio will always be well diversified and structured to fit the current BMO Capital Markets economic outlook. Furthermore, you will always own a well diversified portfolio of well rated stocks with attractive fundamental prospects. The diversification enhances your portfolio’s ability to deliver attractive returns long-term while reducing risk at the same time.

The Process

  • Three Portfolios — Canadian Equities, U.S. Equities, and International Equities .
  • The portfolios will be constructed and managed using a well-defined process that marries a top-down strategy — to determine Asset Mix and Sector Allocation — with bottom-up stock selection — to select the stocks for the portfolios.
  • The BMO Nesbitt Burns Investment Strategy Committee will meet quarterly to formulate a view of key macroeconomic variables, such as interest rates, economic growth, inflation expectations, earnings growth and equity market valuations.
  • Complete quarterly updates and reports published every December 1, March 1, June 1 and September 1. Click here for the latest report.

Portfolio Construction and Structure

  • A combination of technical, quantitative and fundamental research will be used to select the companies for the portfolios. However, the bias will be towards fundamental research.
  • The portfolios will consist of approximately 20 equal weighted positions in well rated stocks that have attractive fundamental prospects and rate well within their respective peer groups. Sector allocation will be achieved through the number of stocks allocated to each sector.
  • The portfolios will be monitored daily, with a full overview and update every quarter.

Benefits of the Guided Portfolios

  • A simple process to follow that ensures you always have a well diversified portfolio.
  • The portfolio will be comprised of well rated stocks.

  • The sector allocation will reflect the committee’s assessment of which sectors offer the best potential and which offer the worst.
  • The portfolio will have overall turnover that is reasonable and easily managed.
  • A sell discipline.
  • The portfolios will be constantly monitored.
  • Superior returns.

Canadian Equity Portfolio

Click here to view the portfolio.

The Guided Portfolio Committee will meet quarterly, and more frequently if necessary, to select the stocks for the portfolio. The Committee will use BMO Capital Markets Research as the primary source of research when populating the Canadian portfolio. BMO Capital Markets has been rated #1 Overall Research Team in the Brendan Woods Canadian Institutional Performance Report for the past 27 years. This prestigious recognition speaks to the strength of the BMO Capital Markets Research Team and product. Returns will be tracked and published every quarter. The turnover will be reasonable, with approximately 15 to 20 trades annually. There will be alternative choices to the primary portfolio, which will help minimize turnover.

U.S. Portfolio

Click here to view the portfolio.
  • The U.S. Equity Portfolio will also have approximately 20 equal weighted positions, with sector recommendations reflected within the portfolio
  • .
  • Will be structured similarly to the Canadian portfolio, and will be managed by BMO Nesbitt Burns U.S. Equities Specialist Melissa Cavelti.
  • The investment decisions will be based primarily on research from Bear Stearns, ISI Group, S&P, and BMO Capital Markets.
  • Other sources may also be used.

  • The S&P 500 is the benchmark for the U.S. Guided Portfolio.
  • The U.S. Portfolio is approaching five years of outperformance versus the S&P 500 and the DJIA.

International Equity Portfolio

Click here to view the portfolio.
  • The International Portfolio will be a diversified global equity portfolio with the Canadian investor in mind.
  • It will also have approximately 20 equal weighted positions.
  • The Companies will be sourced from the Canadian Guided Portfolio, U.S. Guided Portfolio, and the BMO Nesbitt Burns ADR Focus List.
  • The portfolio will take advantage of the strengths of each market – Canada, U.S., and International.
  • The global equity market allocation will be similar to that being recommended by the Investment Strategy Committee.