The Global Equity Mandate is designed for clients with a higher level of risk tolerance than all other firm mandates. The mandate focuses exclusively on long-term growth. Clients seek the capital appreciation and dividend income provided under this mandate.
Objectives:
- Return: long-term growth
- Risk: above average
General asset class guidelines:
- Equities: 5% maximum allocation per position with the exception of Exchange Traded Funds (ETFs) or Unit Trusts.
Target Asset Allocation:
- 90% allocation to equities.
- 0% allocation to fixed income securities.
- 10% allocation to cash & cash equivalents.
Geographic Allocation:
- Maximum flexibility between domestic and international securities
- Maximum variations across Family Groups with a +/- 10% range.
Benchmark:
- 10% PC-Bond 91-Day T-Bill Total Return Index /45% S&P TSX Total Return Index / 45% MSCI World Index Total Return (C$).
