Balanced investments
London Capital offers the following balanced investment mandates:
Diversified
This mandate was established in 1988. The portfolio is made up of six of London Capital's cornerstone portfolios, and has exposure to each of the major investment markets, including 40 to 60 per cent foreign and domestic equity exposure, as well as a complement of fixed income investments. Each underlying portfolio is actively managed. London Capital's strategy team oversees the portfolio asset mix, adjusting it in response to broad changes in the economic cycle. This mandate is designed with the objective to reap the long-term rewards of active fund management and strategic market allocation, with an underpinning of bottom-up security selection.
North American Balanced
Established in 1988, this mandate's objective is to provide a balance between long-term growth and current income by investing in a diverse portfolio of North American equities and Canadian bonds. The portfolio manager seeks to create a portfolio that offers equity opportunities across Canada and the U.S., while limiting the volatility of the portfolio with its fixed income component. Equity content will tend to be between 40 to 60 per cent, with significant exposure to U.S. stocks to allow for positive growth prospects and opportunities across the border. Stock and bond selection is actively managed by dedicated portfolio teams, while London Capital's strategy team oversees the overall portfolio asset mix from a broad economic and market vantage point. Gradual shifts in the asset mix are made in line with the broad economic cycle with the objective to deliver risk-adjusted growth.
Balanced Growth
This balanced mandate was established in 1998. The portfolio manager seeks to maintain a strong equity component for capital accumulation opportunities and a buffer of fixed income investments with the objective of stabilizing returns. Stock selection is focused on companies with strong growth prospects. The equity content will tend to be in the 55 to 75 per cent range to allow for long-term growth prospects. Stock and bond selection is managed by dedicated portfolio managers, while London Capital's strategy team oversees the overall portfolio asset mix from a broad economic and market vantage point. Gradual shifts in the asset mix will be made in line with the broad economic cycle with the objective of delivering risk-adjusted growth.
Income
This mandate was established in 1998 with the objective to maintain a high-quality, income-oriented bond portfolio that is supplemented with a portfolio of attractive, dividend-yielding stocks. The portfolio managers primarily invest in government and corporate bonds, but can invest in dividend-yielding Canadian stocks and income trusts. This income mandate's goals are to offer current income to the portfolio by investing in Canadian fixed income securities and to seek additional opportunities for growth within equity markets.
Diversified Income
This mandate was established in 2010. The portfolio manager seeks to invest in attractive yield opportunities in Canada and around the globe. Both asset mix and underlying funds are actively managed by portfolio managers who specialize in their distinct asset class. The portfolio managers maintain a focus on higher yield and seek to select holdings based on a bottom-up blend of quantitative and fundamental research.
