GOODREID INVESTMENT COUNSEL

Microsoft PowerPoint - 12312007wealthmanagementpresentation.pptWEALTH MANAGEMENT
Note: Some slides contained in this presentation are intended to be supplemented with further explanation. Should you wish to
discuss any part of this presentation in greater detail, please contact Gordon Reid at 416-364-0890 or by email at [email protected].
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Biographies
Gordon Reid Gordon Reid, President and CEO of Goodreid Investment Counsel Corp., entered the financial services business in 1985 and co-founded Goodreid Investment Strategy, one of Canada’s first fully discretionary “high net worth” wrap accounts. Prior to embarking on his career in money management, Mr. Reid was Manager, Corporate Finance for a large multi-national company, formulating policy on debt management, financial risk, and working capital management. Mr. Reid has been a registered Portfolio Manager with the Ontario Securities Commission since 1989 and graduated from McGill University B.A. 1975.
D. Antony Brebner Tony Brebner, Chairman of Goodreid Investment Counsel Corp., began his career in the financial services business in 1969 and was a founder, portfolio manager and senior officer (President & CEO) of Laketon Investment Counsel for 25 years. Mr. Brebner was an advisor to the Ontario Ministries of Industry & Trade and Finance. He was a founding director of The Idea Corp., Chairman of P.C. Ontario Fund, Chairman of Laketon Investment Management and is a director of a number of private Canadian companies. Mr. Brebner is a Chartered Financial Analyst, graduated from Queen’s University BA 1966, and the University of Western Ontario’s Richard Ivey School of Business MBA 1968.
Don Lato Don Lato, Managing Director, Equities, Goodreid Investment Counsel Corp., joined Goodreid in 2005, with 25 years experience in the financial services business. While his career has largely focused on private client management, Mr. Lato gained valuable insights while on the institutional equity sales desk of a major Canadian securities dealer. He attained status as an Associate Portfolio Manager in 1998 and Portfolio Manager in 2001 from the Investment Dealers Association. Mr.Lato graduated from the University of Toronto B.Sc Pharmacy 1976, and from the University of Western Ontario’s Richard Ivey School of Business, MBA 1980.
Mary Brebner Mary Brebner is Director, Business Development of Goodreid Investment Counsel Corp. For 20 years, Ms. Brebner was a senior investor relations professional, initiating and managing an investor relations strategy for a major Canadian bank, an investor relations consultant, and founding president (1990) of the Canadian Investor Relations Institute. Ms. Brebner graduated from McGill University BA 1968, from York University’s Schulich School of Business MBA 1980, and received Fellow Institute of Canadian Banks designation in 1983.
THE GOODREID TEAM
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u Commitment to provide investment solutions for: • High Net Worth Individuals
• Estates and Trusts
• Deserves high level of personal service
• Conservative, risk averse
BUSINESS PROFILE
u Asset allocation and management expertise
u Disciplined investment process
u Separately managed accounts, customized to clients’ needs
u Investments held by independent fiduciary
COMPETITIVE STRENGTHS
products and service to clients
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INVESTMENT LIFECYCLE
Client and Manager Dialogue: u Identify client’s objectives, constraints and unique circumstances
u Assess individual risk tolerance
u Highlight risk and return characteristics of asset classes
u Co-ordinate client expectations with manager deliverables
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Portfolio
Management
Design &
Approve
for manager actions and client expectations
u Highlight how Investment Policy Statement provides guidance and
limitations on investment of assets
u Construct Investment Policy Statement
u Approval of Investment Policy Statement from client
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Portfolio
Management
Design &
Approve
Portfolio Management: u Select individual equities, fixed income securities and cash instruments
according to Investment Policy Statement and Guidelines
u On-going portfolio management within the constraints outlined in the
Investment Policy Statement
u Manage portfolio in the context of market and economic dynamics
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Portfolio
Management
Design &
Approve
u Provide Economic Commentary and Capital Markets Outlook quarterly
u Interpret expectations for client consideration
u Review Investment Policy Statement annually with client in the context of
client objectives and constraints as well as market expectations
u Confirm Investment Policy Statement and modify if necessary
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• Accelerating earnings growth
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-0.9%-0.1%Earnings Surprise
17.4x15.6xPrice to Earnings Ratio
Defensive Growth
15.0x14.7x2008 P/E Ratio Est.
- Long Term Est.
Large Cap
19.0x16.4x2008 P/E/ Ratio Est.
- Long Term Est.
Russell 2000 IndexGoodreid U.S.
Blended Benchmark
Note: Returns for all strategies and related indices are based on model portfolios, are gross of fees, include dividends, exclude transaction costs and
are stated in Canadian Dollars. Although returns are not actual client returns, they do not materially differ from actual client returns.
$0
$2,500,000
$5,000,000
$7,500,000
$10,000,000
2001
2002
2003
2004
2005
2006
2007
Year
Growth
Benchmark
are stated in Canadian Dollars. Although returns are not actual client returns, they do not materially differ from actual client returns.
December 31, 2007
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1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
Year
$ 6,022,880
$ 3,203,791
Note: Returns for all strategies and related indices are based on model portfolios, are gross of fees, exclude dividends, exclude transaction costs and
are stated in U.S. Dollars. Although returns are not actual client returns, they do not materially differ from actual client returns.
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$ 4,934,543
$ 1,744,377
are stated in U.S. Dollars. Although returns are not actual client returns, they do not materially differ from actual client returns.
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December 31, 2007
are stated in Canadian Dollars. Although returns are not actual client returns, they do not materially differ from actual client returns. Performance
numbers for periods of greater than one year are stated on an average annual compound basis.
18.0%16.4%8.0%Benchmark
11.2%10.2%6.5%Blended Benchmark
10.0%9.7%4.0%Balanced
5 yr3 yr1 yr
4.2%10.8%6.6%3.5%S&P 500 Index
9.1%15.3%9.3%11.6%U.S. Large Cap
10yr5yr3yr1yr
are stated in U.S. Dollars. Although returns are not actual client returns, they do not materially differ from actual client returns. Performance
numbers for periods of greater than one year are stated on an average annual compound basis.
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-2.74.73.511.62007
17.011.813.67.62006
3.328.43.08.72005
17.020.89.012.62004
45.453.026.439.02003
-21.6-4.8-23.4-28.12002
1.015.1-13.04.42001
-4.235.8-10.1-6.42000
19.6-8.619.529.21999
-3.40.626.728.91998
CAPCAP
RUSSELL GOODREID S & P 500GOODREID PERIOD
December 31, 2007
Ten Year History
Note – All figures are based on Goodreid model portfolios, are stated in U.S. Dollars and exclude fees, dividends and transaction costs. Returns prior to
detailed periods are available on request. Although returns are not actual clients’ returns, they do not materially differ from actual clients’ returns.
CALENDAR YEAR
PERFORMANCE DATA
Negotiable over $5 Million
of transaction costs and custodial fees

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GOODREID INVESTMENT COUNSEL