API Asset Performance Inc. (API) is Canada’s largest independent investment consulting firm focused solely on the needs of the institutional investment community.
We are proud to have received recognition by API Asset Performance Inc. for the performance of SEAMARK’s Balanced Pooled Fund in their Money Manager Awards for 2014.
To view the award click here
To learn more about SEAMARK’s suite of Pooled Funds click here
We recently received our relative ranking of the SEAMARK Balanced Pooled Fund. The Fund was compared to over 53 other balanced mandates in the eVestment database for periods ending December 31, 20141. We are proud to have earned high first quartile placements in the sample. We achieved a percentile ranking of 2 over the one year period, 10 over a two year period, and 9 over a three year period. The strong performance over three years has lifted the fund’s four year return to the top quartile 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 January 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.
In the last 12 months SEAMARK has undergone the scrutiny of three due diligence teams, every one of which has given us a passing grade, and entered into a business relationship with us. The latest is Lysander Funds, the retail affiliate of institutional bond manager, Canso Investment Counsel - the latter manages in excess of $14 billion in AUM. We are proud to announce two new funds were launched on Jan 2, 2015 in conjunction with Lysander Funds, the Lysander-SEAMARK Balanced Fund (akin to a successful retail mandate SEAMARK managed in the past), and the Lysander-SEAMARK Total Equity Fund1. These are traditional flagship mandates offered by SEAMARK. We have partnered with Lysander to offer these funds, as opposed to the typical third party sub-advisory relationships prevalent in the industry. We think this is an attractive arrangement for SEAMARK, and for investors in the funds. Both parties are very excited about the new partnership. SEAMARK has great story to tell...a remarkable comeback, and interesting flagship mandates. In addition to accessing professional money management, an attractive discounted management fee is offered to early adopters - a rate that is grandfathered for subsequent investments into the new mutual funds. We are pleased to announce that we will be extending the early adopters discount beyond the initial February 28, 2015 deadline.
1. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated
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."