Separately Managed Accounts (SMA)
Separately Managed Accounts (SMAs) are models available at a select number of wealth firms in Canada. The end client holds the securities directly in their account with complete transparency of holdings and sees all transactions.
| SEPARATELY MANAGED ACCOUNT | INCEPTION DATE | ASSET CLASS | GEOGRAPHIC | FOCUS | OBJECTIVE | BENCHMARK | COMMENTARY |
|---|---|---|---|---|---|---|---|
Purpose Core Income SMA | Apr 2011 | Equity | Canada & max 35% US | Dividend & dividend growth | Actively managed to provide income with some capital appreciation | TSX total return | Download |
Purpose U.S. Dividend SMA | Jul 2011 | Equity | US | Dividend & dividend growth | Actively managed to provide income with some capital appreciation | S&P500 TR | Download |
Purpose Canadian Dividend SMA | Aug 2008 | Equity | Canada | Dividend & dividend growth | Actively managed to provide income with some capital appreciation | TSX total return | Download |
Purpose Tactical ETF SMA | Sep 2011 | Tactical Balanced | North American | Equity & bond ETFs | Risk reducing side car strategy | 40% TSX/ 20% S&P 500/ 40% FTSE DEX | Download |
Purpose Diversified Income SMA | Feb 2012 | Balanced | Canada & US | Income | Actively managed to provide income capital preservation with some appreciation | 60% TSX TR/ 40% DEX universe | Download |
Modern investment thinking
Thoughts and Positioning SMA Commentary
Separately Managed Accounts (SMAs) are models available at a select number of wealth firms in Canada. The end client holds the securities directly in their account with complete transparency of holdings and sees all transactions.
Purpose Core Income SMA Quarterly Commentary
Canadian equity with up to 35% U.S. equity with a dividend and dividend growth focus. U.S. holdings are concentrated in sectors underrepresented in the Canadian dividend universe. This is our flagship dividend strategy.
Purpose US Dividend SMA Quarterly Commentary
US equity portfolio with a dividend and dividend growth focus.
Purpose Canadian Dividend SMA Quarterly Commentary
Canadian equity portfolio with a dividend and dividend growth focus.
This is a rules-based strategy designed to add a tactical component to an overall portfolio. On SMA this mandate is closed with the exception of large accounts/institutions. It is available in fund and ETF versions
Purpose Diversified Income SMA
Balanced strategy incorporating condensed Core Income equity holdings with a bond allocation. The bonds are largely ETFs and can include preferred shares.
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Managed by-
Craig Basinger, CFA
Chief Market Strategist
Purpose Investments
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. The prospectus contains important detailed information about the investment fund. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. The indicated rate of return is the historical annual compounded total return including changes in share/unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.
This information is provided for illustrative and discussion purposes only. This material is not intended as a formal research report and should not be relied upon as a basis for making an investment decision. Historical trends do not imply, forecast or guarantee future results. Information is as of the date indicated and subject to change without notice. Nothing herein constitutes a prediction or projection of future events or future market behavior.
If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.