How We Do It
NPMC uses two approaches to building portfolios: the Strategic Approach and the Tactical Approach. Based on your current situation, goals and preferences, we will discuss the best approach for you.
The Strategic Approach: The Strategic Approach to portfolio construction emphasizes i) a fully invested portfolio at all times, ii) less concern about short-term market fluctuations with iii) the understanding that a concentrated portfolio of high-quality companies can outperform over the longer term. This portfolio approach typically includes individual bonds, individual dividend paying stocks, the BCV North American Equity fund and the BCV Multi-Strategy Alternatives Fund. A portion of your annual management fees may be included in one or more of these funds while the balance will be charged at the account level.
This approach is typically best suited for a younger client with a longer term time horizon, a greater comfort with short term volatility and is drawing minimal income from the portfolio each year.
The Tactical Approach: The Tactical Approach to portfolio construction emphasizes i) shorter term risk management strategies (erring on the side of caution when risk levels are determined to be higher) so as to protect against larger market downturns, ii) holding more cash from time to time with iii) the understanding that at times when the portfolio is more defensive, markets can rally, allowing the portfolio to miss some upside, short term returns. This portfolio approach typically includes individual bonds, individual dividend paying stocks, the NFC Tactical Asset Allocation Pool and the BCV North American Equity Fund. A portion of your annual management fees may be included in one or more of these funds while the balance will be charged at the account level.
This approach is typically best for clients who wish to have a more moderate risk portfolio and / or who are near or in retirement and are drawing a regular income from their portfolio.
Related Disclosures: The NFC Tactical Asset Allocation Pool is a related or connected issuer of Nelson Portfolio Management Corp. The BCV North American Equity Fund, BCV Fixed Income Fund, BCV Multi-Strategy Alternatives Fund, Antares Total Equity Pool, Antares Value Pool and the Antares Balanced Pool are related or connected issuers of BCV Asset Management Inc. Nelson Portfolio Management Corp. is a wholly owned subsidiary of BCV Asset Management Inc.