|
The service begins with a clearly-defined investment policy statement. Client’s income requirements, risk tolerance, time horizon, liquidity needs, and unique circumstances are reviewed to determine an appropriate long-term strategy for their investment assets. Client portfolios are managed using four investment policy categories: Income-oriented accounts, Balanced portfolio accounts, Equity-oriented accounts, and Other (client specific) accounts.
We believe that successful long-term investing depends on
diversification. Asset allocation is a very important factor in
determining the risk and return of a client’s portfolio. It means that
you do not have to forecast the capital market to be a successful
investor. Accordingly, we build broadly diversified portfolios based
on a multi-asset class, and a multi-style approach.
Portfolios are constructed, monitored and re-balanced jointly by the
three principals in Watson Di Primio Steel Investment Management Ltd.
Accordingly, WDS is responsible for determining the suitability of
client’s investments. This includes developing, monitoring, and
maintaining a client’s asset mix policy. Individual security selection
to implement this policy rests with WDS.
Portfolio re-balancing is an essential part of our process. A client’s
portfolio is re-aligned with the original long-term investment
objectives. The underlying asset mix is more dynamic, allowing
flexibility to adjust sub-asset classes based on market conditions and
opportunities.
We provide semi-annual investment portfolio reports to our clients.
Total investment performance, net of fees, is calculated on an annual basis. Investment performance is reported on a total family basis.
Our portfolio service provides access to a client’s portfolio on-line,
if requested.
TDWIS sends a client the regular month end statement for each account,
and the statutory income tax slips and trading summaries after
year-end. For tax purposes, our portfolio management system will
provide the client with two additional reports annually:
- Investment Counsel/Portfolio Management Fee (tax deduction for
non-registered accounts).
- Capital Gain (Loss) (net summary for the calendar year).
|
