FAQ

 

What types of clients do you assist?

• Charities, Operating/Holding companies, Individuals and their families, professional athletes, entrepreneurs, and various professionals.

What services do you provide?

• Full Service Investment and portfolio management, full service financial planning, estate and wealth advisory & insurance counsel.

How do you decide what types of products and services will meet my financial goals?

• We work with every individual to customize a solution based on their unique circumstances, goals and current economic environment.

Are you restricted to only offering CIBC branded investments?

• No. We manage discretionary portfolios and our objective, rules-based approach ensures that we remain agnostic to any specific issuer or product. We have the ability to plan and execute investment decisions based on what we believe is in the best interest of our clients. There is absolutely zero influence on the part of CIBC Wood Gundy on our investment recommendations.

Do you work with clients outside of Alberta?

• Yes, we manage assets for clients across Canada and the world.

Do you provide Financial Planning?

• Yes, we work with our clients to identify what is important to them, their objectives, goals and construct a Wealth Strategy complemented by the management of their investment portfolio. Every plan is unique to every individual.

I haven't completed my estate planning; can you help with that?

• Yes, we take a holistic approach to your overall financial situation and work with you to construct an efficient estate plan. Our team has extensive knowledge and experience to help guide you in such matters.

Do I need to be a knowledgeable investor who can manage my own portfolio?

• No. We provide professional advice to help grow your wealth and manage your assets. We specialize in discretionary portfolio management, making the day to day trading decisions so you can focus on what matters most to you. We will work with you to customize a solution in a collaborative manner to ensure you are comfortable with your portfolio and to ensure we are working towards achieving your financial goals.

How does your fee structure work; do the fees bear the same risk as my capital and returns?

• Our clients are enrolled in fee structures that help eliminate conflicts of interests and provide complete transparency. We do not receive any other form of compensation from any vendors. This fee structure also ensures that our best interest is in prudently growing our clients' portfolios by making the most appropriate investment decisions, without any external influence.

• The fee includes all trades, custodian services, money management, cash management, publications, economic updates, invitation to client events, face-to-face portfolio manager meetings, quarterly and year end reporting, comprehensive estate and retirement planning, etc.

What type of checks and balances are in place to protect my assets?

• CIBC Wood Gundy is a division of CIBC World Markets Inc., a securities dealer member of the Canadian Investment Regulatory Organization (CIRO). CIBC World Markets is also a member of the Canadian Investor Protection Fund (CIPF), which was created by the investment industry to provide limited protection for client assets in case of a member firm's insolvency. Clients do not pay fees for the CIPF protection, and CIPF may cover up to $1,000,000. Details on this protection can be found at www.cipf.ca.

How does Cacic Wealth Management differ from other Money Managers?

Benefits of Cacic Wealth Management

• Discretionary, rules-based investment platform – keeps emotions out of decision-making

• Active, tactical asset allocation

• Global perspective

• Consistent, repeatable, clearly defined investment process

• Complete transparency

• Direct access to the Portfolio Manager

• Driven to minimize risk and construct lower-than-market volatility portfolios

• A seasoned team of 7 professionals to handle any administrative or investment related requests

How do you keep me abreast of the performance of my portfolio? What should I expect?

• Statements are sent out every month and a Quarterly Portfolio Review booklet is mailed every quarter.

• Upon request we can provide an unaudited performance report on a trailing one day basis (as of yesterday's close).

• During your regularly scheduled meetings with us, we provide you with consistent reporting in regards to your portfolio performance, risk/return analysis and asset allocation. Portfolio performance is evaluated, or benchmarked, against an expected return (where available), and a proprietary market index. Annually, all CIBC Wood Gundy clients can expect to receive a year-end account report.

What is your general investment philosophy?

• We believe that in order to profit from our investments we need to be active because we believe a “buy and hold” strategy does not work in today’s day and age. Hence all of our portfolios are tactical and are actively managed.

• What sources do you use to evaluate investments? Are these internal to your organization, affiliated, or external?

• We utilize a proprietary quantitative screening process based on several factors including relative strength. This is coupled with fundamental research and technical analysis that utilizes both internal and external sources such.

• To emphasize, we invest objectively with clear rules-based buy and sell strategy that does not allow for any emotional investment decisions.

Do you invest outside of Canada?

• Yes, we take a global approach to investing utilizing a variety of global asset classes to construct our portfolios utilizing Canadian based ETFs and Stocks from the S&P 500 and S&P TSX.

Are statements available on-line? What other type of information is available through your website?

• Yes, statements are available online. Your accounts can also be viewed in real time online with updates to any trades intra-day in a matter of seconds.

• Useful information on global markets

• Select monthly, weekly and quarterly reports publication

• Useful links to sites such as: TMX Group, Bloomberg, Globe Investor, Market Watch, SEDAR, etc.

What level of communication should I expect from my Portfolio Manager?

• Typically, we send out a market update email once every week. We also strive to hold a client conference call once a month – we aim to have at least 10 of those each year. Finally, we meet with clients in person at a frequency that is determined by our clients. Normally, most clients are happy with twice per year however we are happy to customize a meeting schedule that best suits your needs.

What is the best way to contact you?

Team contact info:

Milan Cacic, P.Eng., CIM, Portfolio Manager

Akshat Shukla, CFA Portfolio Manager

Please give us a call at 403 508-3230 or 403-260-0467 or Toll Free: 1 800 290-6643

Email us at milan.cacic@cibc.com or akshat.shukla@cibc.com

 

For more information, please see Section 3.1- Segregated Account Mandates