What's the strategy?
2030 Harmonized (PSG) is a target date 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 significant growth potential with a strong income counterbalance. The strategy has a diversified allocation to equity. It is relatively style neutral and has a preference for large cap stocks, although allocations also include some exposure to smaller cap stocks and income-oriented mandates.
The strategy uses a “to retirement” glide path. Each quarter until the retirement date, the fixed income allocation is increased and the equity allocation is decreased as the portfolio shifts along the glide path.
Why invest in this portfolio strategy?
Ideal for investors seeking a diversified portfolio with a targeted retirement date of 2030.
The strategy provides diversification through exposure to multiple asset classes in domestic and foreign markets and multiple active managers.
Investors benefit from active management by the portfolio manager, including changes to underlying fund weights, the removal of an existing underlying fund, or addition of a new underlying fund. The portfolio manager may make changes to the underlying fund mix in line with current forward-looking views on a quarterly 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 mandated asset mix.
A member of the Portfolio Solutions team since 2011, Susan is responsible for the entire team and oversees portfolio management of the asset allocation portfolios, including independent screening, selection, due diligence and monitoring of each investment manager and underlying fund component.
Susan joined the Laketon team in 1996, where she held progressively senior roles, most notably co-lead manager for the Canadian Growth equity mandate. Susan also has experience managing U.S. equity mandates and working as a global equity analyst.
Susan holds an honours bachelor of commerce degree from Queen's University and is a CFA charterholder.
Brandon is co-manager of PSG’s asset allocation portfolio strategies. He is also responsible for independent screening, selection, due diligence and monitoring of each investment manager and underlying fund component. Brandon has been with the PSG team since 2011. He was previously an Assistant Portfolio Analysis Manager with the Great-West Life group of companies. He also worked as a product analyst for Quadrus Investment Services, where he played a key role in creating and implementing the product due diligence process.
Brandon holds an honours bachelor of business administration degree from Brock University and is a CFA charterholder.