The Investment Policy Statement (IPS) defines investment objectives and guidelines applicable to your portfolio and reflects your objectives and risk tolerance to create a diversified asset mix. The IPS governs the discretionary decisions of the portfolio manager and proves transparent disclosure
A top-down look at economies with short- and long-term outlooks impacts asset allocation to cash, bonds and stocks, to sectors and to bond term and credit as well as foreign exposure all within variances allowed by the IPS
Quantitative factors analysis of a larger stock universe identifies the best investment opportunities specific for each investment mandate. Value factors include valuation multiples – price/earnings, price/book, price/cash flow while growth factors include earnings growth, positive earnings revisions, positive earnings surprises. This is a more disciplined approach to security selection.
Provides due diligence on buy and sell decisions and identifies risks that may not be captured by quantitative analysis. Also provides continued monitoring for items such as debt covenants, supply chain delays corporate governance issues and more.
Macro-economic research leads to tactical adjustments of the strategic allocations as allowed in the IPS
Constant review of rankings and individual securities research generates dynamic selection and removal decisions
Worth Allaye-Chan Investment Counsel weighs the reward versus the risk for every investment owned. Managing investment risk is just as important as seeking investment return. Along with analyzing securities based on their own merits, we are also aware of the impact of macroeconomics on investment returns. Whether you are an individual or an institution, have $1 million or $50 million, we seek to grow and protext your assets.
Dynamically adjusted for asset allocation and securities content.
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