Investment objective
- Generate returns equal to the return of the benchmark, 25% S&P/TSX Capped Composite Index + 35% MSCI ACWI Index (CAD) (net) + 40% FTSE Canada Universe Bond Index, plus 1% per annum over a market cycle.
- Maximize long-term total return while prudently managing investment risk relative to the benchmark.
Highlights
- Actively managed, diversified portfolio of stocks, bonds and cash.
- Combination of fundamental and quantitative bottom-up security selection.
- Disciplined proprietary risk process.
- Deep, stable teams with long track records.
- ESG considerations integrated into the strategy.
Investment philosophy
- Valuations underpin financial market pricing over longer-term time horizons.
- The asset mix investment decision-making process is fundamental and intuitive in nature.
- Active asset allocation adds value.
- A structured and methodical approach to research will lead to better insights.
Investment process
- Tactical asset allocation: Active asset allocation is an incremental source of added value to the overall portfolio along with alpha generation from fixed income, Canadian equities, global equities and alternative strategies.
- Disciplined, conservative process: Views on the cyclical environment create an investment thesis that outlines what is expected from financial markets over the forecast horizon and serve as the basis for the forecasting, risk allocation and portfolio construction.
- Importance of research: Research is undertaken to establish insights for current and future capital market conditions and is the foundation supporting a forecast.
- Risk management: Active risks and their comparisons against risk parameters (i.e. constraints) are incorporated into the asset mix process.
Portfolio construction & risk management
- Portfolio asset mix weights reflect the forecasts and level of conviction for each forecast.
- Transaction costs are incorporated into the investment decision in establishing best return/risk trade-off.
- Each asset class component is managed by a team of specialists.
- Risk budgeting, the identification and quantification of desired active risks, is assessed at the strategy level and at the total portfolio level.
Our fixed income strategies
Investment Objectives Disclosure
The Strategy’s investment objectives are targets only. Actual performance may differ materially,
including due to market or economic factors, portfolio management decisions, modelling error, or other reasons.
In determining the added value targets, CC&L may consider the Strategy’s performance during historical periods,
the level of estimated risk over a market cycle as well as the parameters used in the Strategy’s portfolio construction process.
For more information about services available to you as a
CC&L Investment Management client, please contact:
Phil Cotterill
Director & Portfolio Manager,
Head of Client Solutions
Tel: +1 (604) 685-2020
Email: [email protected]
Brent Wilkins
Senior Vice President,
Head of Institutional Sales, Canada
Tel: +1 (416) 364-5396
Email: [email protected]
For additional information on Connor, Clark & Lunn Investment Management, please contact:
Brent Wilkins
Senior Vice President,
Head of Institutional Sales, Canada
Eric Hasenauer
Senior Vice President, Co-Head of
Institutional Sales, USA
John Ricketts
Senior Vice President, Co-Head of
Institutional Sales, USA
Phil Cotterill
Director & Portfolio Manager,
Head of Client Solutions
Please take the time to carefully read the following as it contains important information regarding certain restrictions imposed by statute and the applicable securities regulatory authorities on the distribution of information through this website.
Material presented on this website should be considered for background information only and should not be construed as investment or financial advice. Further, information on this website should not be construed as an offer or solicitation by the Connor, Clark & Lunn group of companies to provide investment management services or to buy or sell any products.
The Connor, Clark & Lunn Investment Management (CC&L) website may contain hyperlinks to websites operated by parties other than CC&L. Such hyperlinks are provided for your reference only. CC&L does not control such websites and is not responsible for their contents. The inclusion by CC&L of hyperlinks to other websites does not imply any approval or endorsement of the material on such websites or any association with their operators.
The Connor, Clark & Lunn group of companies includes a number of entities that may be registered as investment advisers, investment fund managers and exempt market dealers in various provinces and territories of Canada. A number of entities are also registered with the Unites States Securities and Exchange Commission as advisers in that country and the Connor, Clark & Lunn group of companies also includes a number of investment advisers and fund managers that are authorized and regulated by the Financial Conduct Authority in the United Kingdom. The information provided on this website regarding each entity is directed solely towards qualified investors in jurisdictions where the appropriate entity is registered. Services offered by any of the entities in the Connor, Clark & Lunn group of companies are offered solely to qualified residents of the jurisdictions where the entities are qualified to do business.
Certain securities regulations prohibit the publication of specific registration information about the registered entities in the Connor, Clark & Lunn group of companies. For more information, please contact the Connor, Clark & Lunn Compliance Department at [email protected] or 604-685-2020.
CC&L Investment Management Ltd.
September 8th, 2022