We recently received our relative ranking of the SEAMARK Balanced Pooled Fund. The Fund was compared to 64 other balanced mandates in the eVestment database for periods ending September 30, 20141. We are proud to have earned high first quartile placements in the sample. We achieved a percentile ranking of 8 over the one year period, 13 over a two year period, and 11 over a three year period. The strong performance over three years has lifted the fund’s four year return to the top third of the sample. The returning team of McKim, Loughery and Wishart have been at the helm since early 2012, so our team can confidently take credit for the improved three year performance numbers!
1. Performance data is calculated on an actual basis for periods of less than one year, and on an annualized basis for periods on one or more years. Performance data assumes the reinvestment of all distributions and does not take into account management fees or income taxes (except for withholding tax, if any, on foreign income) payable by any investor that would have reduced returns. Past performance is not necessarily indicative of future returns. Performance is reported in CA$. This data is retrieved from eVestment database on October 15, 2014. eVestment and its affiliated entities (collectively, "eVestment") collect information directly from investment management firms and other sources believed to be reliable; however, eVestment does not guarantee or warrant the accuracy, timeliness, or completeness of the information provided and is not responsible for any errors or omissions.
Credential Financial Inc., a leading national wealth management provider, announced on November 13, 2013, the launch of the Credential Affiliates Program. This Program connects Credential's credit union partners with select portfolio management firms specializing in discretionary investment management for affluent investors.
"The Credential Affiliates Program will not only enhance our wealth management offering allowing us to better serve our high net worth members, it also presents new business development opportunities for credit unions across Canada," said Randy Biberdorf, Vice President, Wealth Management, Servus Credit Union. "Our members who currently enjoy the top ranked customer service they receive from us can now also benefit from the exceptional service and expertise of high caliber portfolio managers."
SEAMARK is pleased to announce its partnership with Ekaton Wealth Management. Ekaton is an independent wealth management firm providing investment and financial stewardship to a limited number of private clients and their families in the London, Ontario region. Ekaton was founded by London, Ontario native, Peter Mastorakos. Peter's philosophy of providing a high level of personalized service to each client was cultivated over a long career in the wealth management industry.
Ekaton's business model provides clients' access to professional asset managers with a track record of capital preservation and performance success, which are otherwise, typically only available to large institutions.