Will my money be safe?
All client accounts are safeguarded and held in custody with National Bank. Any movements of money or securities in or out of your accounts can only be executed with your written authorization. National Bank, as a custodian, delivers monthly client statements by mail or electronically independently.
Our clients’ assets, within certain limits, are also protected by the Canadian investor protection fund (CIPF) created by the investment industry.
What is discretionary management?
Discretionary investment management is a form of investing in which a client’s buy and sell decisions are made by a Portfolio manager. The client and the Portfolio manager discuss and sign an Investment Policy statement at the initial discussion and risk assessment.
What is GIPS?
The Global Investment Performance Standards (GIPS®) are voluntary, ethical standards for calculating and presenting investment performance based on the principles of fair representation and full disclosure. GIPS includes specific account performance, dispersion (difference between return of the composite against the account in the composite), and presentations.
What is a pooled fund?
A pooled fund is a type of investment fund where multiple investors combine their money to invest in a diversified portfolio of securities. The Wise capital All Cap pooled fund is priced monthly.
What client reporting do you provide?
Clients have access to their accounts at National Bank. The portal provides monthly statements and tax information. Clients also have access to NDEX (portfolio management system) that shows daily changed to their accounts, and ability to generate various reports like asset allocation and performance.