Conservative Portfolio (PSG)

Overview

What's the strategy?

Conservative Portfolio (PSG) is a target risk fund of funds, holding underlying funds that invest in asset classes including Canadian and foreign fixed income, Canadian mortgages, Canadian real estate, and Canadian and foreign equity.

It is constructed to provide strong income, modest growth opportunity, and very low volatility. The strategy has a consideration to inflation protection, a highly diversified fixed income allocation, including government and credit bonds, mortgages, and foreign debt, and a preference for large cap value stocks in the equity allocation.

Why invest in this portfolio strategy?

Ideal for investors seeking a primarily fixed income portfolio with some equity and real estate exposure.

The strategy provides diversification through exposure to multiple asset classes in domestic and foreign markets and multiple active managers.

Investors benefit from tactical asset allocation decisions by the portfolio manager, including changes to the fixed income/equity allocation as well as the domestic/foreign allocation of the funds. The portfolio manager may make changes to the underlying fund mix in line with current forward-looking views on an ongoing basis. In addition, investors benefit from the active management of the underlying fund managers. Investors further benefit from automatic rebalancing, ensuring the asset mix stays close to the desired asset mix.

Portfolio

Portfolio managers

The Global Multi-Asset Strategy team manages this asset allocation portfolio strategy and leverages the broad skill set of the multi-disciplinary team. Learn more about the Global Multi-Asset Strategy team's investment philosophy and strategy.

There is no guarantee that investment objectives, or risk or return targets discussed in this material will be achieved. No part of this material may be reproduced or redistributed in any form without express written permission of GLC Asset Management Group Ltd. The data provided is for information purposes only. This material is not intended to be read in isolation and may not provide a full explanation of all the topics that are presented and discussed. Information contained in this material has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. Furthermore, there can be no assurance that any trends described in this material will continue or that forecasts will occur; economic and market conditions change frequently. This material should not be considered a recommendation or offer to purchase or sell any particular investment.

Susan Spence

Vice-President, Portfolio Solutions

As Vice-President, Portfolio Solutions, Susan leads a team of multi-asset investment experts in portfolio construction, research and management and plays a lead role with GLC Global Multi-Asset Strategy team, which oversees all of GLC’s balanced, target-date and target-risk asset allocation fund solutions.

Since 2011, Susan has led the development, portfolio management and rigorous oversight of GLC’s target date and target risk asset allocation funds as head of the Portfolio Solutions Group team. Susan and her team now have expanded roles across all of GLC’s multi-asset solutions, including responsibilities for performance analysis, multi-asset research and glidepath development.

Susan joined the GLC’s predecessor asset management firm in 1996, where she held progressively senior roles in equity management, most notably co-lead manager for GLC’s Canadian Growth equity mandate.

Susan holds an Honours Bachelor of Commerce degree from Queen's University and is a CFA charterholder. 

Brandon Hutchison

Assistant Vice-President, Portfolio Solutions

As Assistant Vice-President, Brandon is a key member of GLC’s Global Multi-Asset Strategy team, which oversees all of GLC’s balanced, target-date and target-risk asset allocation fund solutions. He plays a lead role in the independent screening, selection, due diligence and monitoring of each investment manager and underlying fund component.

Since 2011, Brandon has played a lead role in portfolio construction, asset management and oversight of GLC’s target date and target risk asset allocation funds as part of the Portfolio Solutions Group team. As part of GLC’s Global Multi-Asset Strategy team, Brandon expands his responsibilities across all of GLC’s multi-asset solutions. Prior to joining GLC, Brandon held increasingly senior investment roles with the Great-West Life group of companies.

Brandon holds an Honours Bachelor of Business Administration degree from Brock University and is a CFA charterholder.