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How we apply these principles in investing your money


Although having a sound philosophy is vital, even the best philosophy must be properly implemented to be effective. In order to have a successful investment experience, an investment philosophy must be properly applied.

We add value to the investment management process by focusing on the following controllable factors:

  • Applying the principles of Modern Portfolio Theory.
  • Maintaining an investment discipline.
  • Focusing on factors that drive returns.
  • Tax Management - in structuring the portfolios, attempting to achieve the highest “after-tax” rate of return.
  • Limiting the amount of trading.
  • Effective rebalancing to a target asset allocation.
  • Effective management of investment inflows and outflows.

More details of how theory is applied to portfolio construction are given in the article, In Conversation with Steve Lowrie.

"History shows that in the long run, a thoughtfully designed diversified strategy of passive funds typically beats all but a few active managers. It's not easy to structure and maintain such a strategy. It requires some initial research and discipline to stay the course. But it's much easier than predicting which active managers will randomly beat this approach."

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