Palos Equity Income Fund

For daily performance, please visit globefund.com or morningstar.com

Please note that commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The Fund is not guaranteed, its value changes frequently, and past performance may not be repeated.

Efficient Portfolio Strategy

Core Portfolio

  • Long-biased
  • Dividend equity focused
  • Canadian (Some US)
  • Theme driven
  • Fundamental analysis
  • Company management meetings and onsite visits
  • Medium to long term holding period
  • Dynamic asset allocation
  • Large & mid capitalization

Fixed Income Strategy

  • Provides investors with a steady stream of income generated from a portfolio’s balance
  • Bonds, preferred stocks, and CD’s all pay a steady dividend and interest payments
  • Consistent cash inflows

Service Providers

PALOS MANAGEMENT INC.
Order Management System
SGGG Fund Services Inc.
Administrator, Transfer Agent and Record Keeper
SGGG Fund Services Inc.
Auditor (firm and funds)
PricewaterhouseCoopers LLP
Legal Counsel
Faskens
Prime Broker and Custodian
NBIN

More Information

The Management Process

The Investment Committee
Involves daily meetings to remain up to date with current news. Additionally, it includes the discussion of economic factors, company specific factors, investment themes, and investment rationale.
Our Approach
Involves conducting Bloomberg research & analysis, external research, fundamental analysis. Includes meetings with management, such as on-site visits and analyst meetings with experts.
Review and Reassessment
Involves monitoring portfolio weightings, analyzing market movements, stock screening, additional fundamental analysis, and risk management. Further revision and adjustments are made if needed.
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Step 3

The Monitoring Process

Value At Risk (VAR)

  • VAR is used to analyze equity market risk during all market hours. VAR is targeted to be equal to or lower than the TSX.
  • Monte Carlo Simulation estimates expected equity shortfall by sector against the TSX benchmark

Stress Tests

  • Scenario Analysis/Stress Test used during periods of market volatility to better understand the portfolio under various adverse market conditions

Exposure

  • Gross, net exposure, leverage and cash are monitored (metrics provided by SGGG, front office system).

Liquidity

  • 90% of the portfolio can be liquidated within 1 day

Operational Risk

  • Front office system SGGG provides transparency on all trades since January 1, 2013
  • Third party fund administration, recordkeeping and NAV valuation by one of the world’s largest independent administrators
  • Independent annual audit of firm and funds done by a major international firm. Business Continuity Plan and Internal Control and Compliance Manual are in place

All products and services of Palos Wealth Management Inc and Palos Management Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.