What’s the strategy?
The Government Bond (Portico) strategy invests primarily in Canadian federal, provincial and municipal government bonds and/or debt products guaranteed by government authorities with a credit rating of A or higher. This portfolio’s strategy is designed to earn interest income with limited credit risk.
The portfolio manager pursues a consistent, measured and disciplined approach to capture incremental gains within government bond sectors through a multi-factor approach to analyzing interest rates, and yield curves.
The portfolio’s duration is typically shorter than the broad Canadian bond market as measured by the FTSE Canada Universe Bond Index.
Why invest in this portfolio strategy?
Ideal for investors seeking a conservatively managed Canadian fixed-income strategy for income generation.
When compared to the broad fixed-income market, this high-quality bond portfolio offers:
- reduced credit risk
- less interest rate sensitivity (due to the shorter duration of the portfolio)
- a greater opportunity for capital preservation, and
- the potential for long-term capital appreciation
Data for institutional investors
Vice-President, Fixed Income
Janet shares leadership responsibility for GLC’s Portico Investment Management division, which oversees more than $17 billion of fixed income assets under management within bond, balanced, mortgage and money market mandates.
Janet is the lead manager for the Canadian Bond mandate and Core Plus Bond mandate and oversees some of Portico's sector-focused and specialized fixed income portfolios. She is also a member of the GLC Asset Mix Committee.
Joining GLC in 1995, Janet has portfolio management expertise in active and passive fixed-income strategies, including customized mandates for pension plans and financial institutions.
Janet is a CFA charterholder and holds an honours bachelor of mathematics degree from the University of Waterloo.
Benchmark source: Copyright®, FTSE is a trade mark of FTSE International Ltd and is used under license. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); and TSX® is a registered trademark of TSX. Copyright®, MSCI Inc.
Portfolio attributes and rates of return reflect the portfolio strategy used by the London Life segregated fund shelf.
Past performance is no guarantee of future results.
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.