Investment and Retirement
On the radar: SSQ Beutel Goodman U.S. Equity GIF
Fund: SSQ BEUTEL GOODMAN U.S. EQUITY GIF
Manager: Beutel Goodman (based in Toronto)
Benchmark index: S&P 500 (C$)
Fund category (CIFSC): U.S. equity
The SSQ Beutel Goodman U.S. Equity GIF is primarily geared towards capital preservation. Investors can diversify their portfolios while obtaining stable long-term returns.
CONCENTRATED PORTFOLIO FOCUSED ON CAPITAL PRESERVATION
- The portfolio consists of 25 to 35 stocks, which enables the manager to acquire in-depth knowledge of each one and to hold them in the portfolio over the long term (5 years on average).
- The manager is looking for companies that will create value for shareholders, i.e., those capable of generating sustainable free cash flows.
- The portfolio also features a "value" management style, which favours stocks trading at a discount in relation to their fundamental value.
- The management philosophy is focused on capital preservation: by limiting the risks of loss, long-term returns are likely to be more stable. In addition, over the past 15 years, the calendar-year performance of the manager's strategy (before fees) was positive on 12 occasions and beat its benchmark 11 times!
RETURNS
The underlying fund of the SSQ Beutel Goodman U.S. Equity GIF posts net returns* in the top quartile of its CIFSC category for periods of 1 to 5 years.
SSQ BEUTEL GOODMAN U.S. EQUITY GIF – RETURNS AS AT DECEMBER 31, 2016
1 year |
2 years |
3 years |
4 years |
5 years |
|
Returns* |
12.7% |
13.1% |
16.4% |
21.5% |
19.7% |
* Simulated returns based on the returns of the underlying fund and fees (total MER including taxes for the basic guarantee) for the SSQ Beutel Goodman U.S. Equity GIF.
MANAGEMENT TEAM AND AWARDS
The primary portfolio manager is Glenn Fortin, who has more than 22 years of experience in the investment industry and over 20 years with Beutel Goodman. The assistant portfolio manager is Rui Cardoso, who has worked in asset management for over 19 years. In 2015, the team won the Morningstar award for Canada's best U.S. equity mutual fund. The fund was also given an A+ rating by Fundata in 2016, and currently holds a five-star rating by Morningstar.
10 GOOD REASONS TO INVEST IN THIS FUND
- Experienced management team, stable and highly motivated
- Award-winning fund and management team
- Alignment of interests: The company's employees hold a 51% ownership stake
- Management team espouses a capital protection philosophy
- Full participation in U.S. economic growth
- Broad array of investment opportunities in the United States
- High-conviction portfolio willing to invest in the manager’s most promising ideas while embracing diversification
- Portfolio consists of stocks trading at a discounted price because the manager favours companies regarded as undervalued in relation to their fundamental value
- Solid absolute returns in relation to its benchmark and excellent risk-adjusted returns (among the best in comparison with the fund's peers).
- High tax efficiency because the portfolio turnover rate is approximately 20%
For further information on the SSQ Beutel Goodman U.S. Equity GIF, please click here.
Any amount allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value.
The returns shown do not take into account sales, redemption, distribution or other optional charges that would have reduced returns. Returns are annualized, except for periods of less than one year. There are no guarantees that past performance will be repeated in the future. This method of calculating returns is in compliance with the industry standards established by the Canadian Life and Health Insurance Association. For more information about this calculation method, please contact us at 1-800-320-4887.