How would you invest my money?
After working with you to develop an Investment Policy Statement (IPS), we construct a portfolio that has been quantitatively tested to ensure it meets your risk and reward profile. Portfolios are built using low-cost exchange-traded funds (ETFs).
What is an IPS?
An IPS is an Investment Policy Statement. It is a document, similar to an agreement between you and your portfolio manager, which describes your investment objectives and risk tolerance. It also defines what the appropriate portfolio composition is, what strategy will be used to manage the account and how that will be implemented. Think of it as a plan, that both you and your portfolio manager will stick to, that is regularly reviewed and should only change if your circumstances change.
Why is an IPS important?
It is important because it defines the relationship between the client and the manager – we can only invest the way which is right for you if we understand you. The IPS also helps you understand your own goals, and outlines the risks you care about. Finally, it helps when we review the plan and the portfolio to make sure they are meeting your expectations.
Why should I entrust my money to ICM?
The team at ICM has decades of senior-level experience in the investment industry and has invested in years of research to develop proprietary analytical tools to build diversified portfolios to match your goals and manage risk. Your portfolio will be tailored to your needs and be invested in highly liquid, diversified ETFs. In addition, our firm is an Ontario Securities Commission registered Portfolio Manager. As such, we have a legal fiduciary duty to act with care, honesty and good faith, and to always put our clients’ interests ahead of our own.
How will you deal with me as an individual? To whom do I speak if I have a question or concern?
In order to properly manage a person’s money we need to understand what you care about. That is the reason we will meet with you, in person, as many times as required, in order to develop an IPS that fits your needs. If you ever need to talk to someone, call or email us and an actual person will answer.
Can I access my account info online?
Yes, just like your bank account, you can access your account online through My Portfolio Plus. There you can view your account balances, holdings, transactions, statements, and tax documents.
Custodial Fee – National Bank
National Bank charges a custodian fee based of the value of all of your assets (this fee also declines as assets under administration increase). Inukshuk Capital Management has negotiated extremely low commissions for our clients.
For tax efficiency, and cost minimization, our strategic portfolios are designed have very low turnover.
Exchange-Trade Funds: Management Expense Ratios (MER)
Inukshuk Capital uses ETFs to build personalized investment portfolios for our clients because they are extremely tax-efficient and cost-effective. According to a Morningstar study, the average equity mutual fund management expense ratio (MER) in Canada is 2.41%. The average equity ETF MER in our universe is a fraction of that.
Can I access my funds? Are there any penalties for withdrawing money?
You can access your funds any time. There are no penalties for withdrawing money from your account.