What’s the strategy?
The Long Term Bond (Portico) portfolio strategy invests primarily in Canadian federal, provincial, and corporate bonds with terms greater than 10 years. The goal is to create a long- term Canadian bond portfolio that provides an opportunity for higher income generation.
The portfolio manager pursues a consistent, measured and disciplined approach to capture incremental gains within longer-term bonds through a multi-factor approach to analyzing interest rates, credit markets and yield curves.
Why invest in this portfolio strategy?
Ideal for investors with a longer investment horizon seeking interest income and the potential for capital appreciation.
The Long Term Bond strategy has the potential to add significant value in an economic environment of stable or declining interest rates. The portfolio is more sensitive to interest rate and inflation expectation changes than shorter-duration fixed-income options.
When compared to the broad Canadian fixed-income market, this portfolio strategy offers:
- The potential for higher income generation
- A longer duration relative to a core Canadian bond portfolio
- A mix of Canadian federal, provincial and investment-grade corporate bonds that can provide additional yield opportunities
- Well diversified fixed-income holdings to help meet long term liabilities
- Pure Canadian bond exposure
The Long Term Bond portfolio focuses on one maturity segment within the fixed-income market and can act as a complement to a core bond portfolio and offer additional yield opportunities.
Data for institutional investors
Manager, Fixed Income
Alexa leads portfolio management for Portico’s income-focused mandates, long-term bond strategies, Real Return Bond mandates and the fixed-income components of several of GLC’s balanced mandates. She also assists in the management of the Core bond mandate.
She has focused on fixed income analysis and management for the company since 2009. Previously, she completed 2 years of asset management training rotations as part of Great-West Life’s Portfolio Management Training program.
Alexa is a CFA charterholder and CAIA charterholder. She also earned an honours bachelor of commerce degree (finance and human resources) from the University of Manitoba.
Vice-President, Fixed Income
Dale is lead manager for the Portico Core Bond portfolio strategy, one of the largest Canadian bond segregated funds in Canada. As a senior portfolio manager within GLC’s fixed income division (Portico Investment Management), he also oversees some of Portico's sector-focused and specialized fixed income portfolios.
Dale began an investment career in 1990 that has included direct portfolio management responsibilities for active and passive fixed income strategies. Dale credits his deep fundamental and disciplined approach to corporate credit analysis to his varied experience early in his career, including accounting, asset liability management and a diverse educational background.
He holds a Chartered Investment Manager designation as well as an honours bachelor of business administration degree in finance from Brock University.
Vice-President, Fixed Income
Mark leads 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. His work in developing portfolio positioning strategies with respect to interest rate and yield curve movement outlooks was instrumental in creating GLC’s Tactical Bond portfolio strategy, of which Mark remains a lead portfolio manager. Mark is also a key member of the GLC Global Multi-Asset Strategy team, which oversees all of GLC’s balanced, target-date and target-risk asset allocation fund solutions.
Mark brings over two decades of international fixed income and foreign exchange trading experience with a focus on derivatives to GLC. Prior to joining GLC, he held senior positions with leading financial companies in London, UK and New York.
Mark is a CFA charterholder, Chartered Investment Manager (CIM) and holds an honours bachelor of economics degree from Carleton University.
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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.