WEALTHCo. ASSET MANAGEMENT

FIRST QUARTER 2019

EQUAL

OPPORTUNITY

INVESTING

We provide access to institutional grade investments commonly traditionally unattainable to self-directed investors.

We made real progress in the first quarter of 2019. As WealthCo continues to grow, we were able to further diversify our investments into new alternative asset classes, across many sectors, and in new geographies. We are pleased to announce our first private equity investment in the technology sector, our first mortgage investment in Nevada, and the addition of global equities to our funds. These weren’t all the changes we made, but they are good examples of how we strive to diversify and capitalize on the scale of our funds.  While these three changes combine to less than 5% of our client’s portfolios, they are significant because they improve our flexibility to continue adapting to the ever-changing investment landscape. Adding institutional-grade private investments to our clients’ portfolios is a core foundation of what we do and is one of many ways that we believe WealthCo can add value for individual investors.  

FIRST

QUARTER

HIGHLIGHTS

INOVIA CAPITAL

In February we made our first investment with iNovia Capital. iNovia is a technology-focused private equity manager investing in growth stage companies in the Information Communications Technology sector. Founded in Montreal in 2007, iNovia has expanded to six offices globally from San Francisco to London and established itself as a Canadian leader in the private tech-space. The General Partners of the funds include the ex-CFO of Google and the ex-CFO of Blackberry/RIM. Some of iNovia’s more successful private investments in previous funds were sold to blue-chip public companies like Shopify, AirBnB, Yahoo, Google and Disney (just to name a few). And one notable recent success for iNovia was the IPO (Initial Public Offering) of LightSpeed POS (LSPD-TSX). iNovia first invested in the point of sale payment processor in 2013, and today the company is valued in excess of a billion dollars. ​

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KEYSTONE NATIONAL GROUP

We also made our first mortgage investment with Keystone National Group.  Keystone is an SEC- Registered Investment Advisor with head offices in Utah and California.  The company has a conservative underwriting philosophy, focusing on short-term loans backed by income producing real estate and has more than 50 active mortgages in 20+ US states.  With the addition of Nevada, WealthCo now has direct real estate investments in ten US states and three Canadian provinces. Our strategic relationship with Keystone gives us expanded reach for institutional-grade real estate investments in new jurisdictions south of the border. 

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INTERNATIONAL EQUITIES

On the public-markets side, we have added a small position of international equities to our asset mix (~2.9% of our model portfolio), to capitalize on the diversification benefits of adding global stocks alongside our existing Canadian and US holdings. The global portion of our holdings are focused on mid-cap growth companies in developed countries including the UK, Europe, Australia and Japan. We continue to favour active management in the mid-cap sector as we believe that is the sweet spot for generating alpha in public equities. ​

Our returns reflect our commitment

to provide equal opportunities to investors.

INCLUSION + OPPORTUNITY 

DOWNLOAD THE WEALTHCO ASSET MANAGEMENT Q1 2019 FUND FACT AND SEE HOW EQUAL OPPORTUNITY CAN HELP YOU REACH YOUR GOALS AND OBJECTIVES FOR THE FUTURE. 

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Avail CPA   I   Claresholm, Fort Macleod, Lethbridge, Milk River, Pincher Creek, Taber, Vauxhall

All Rights Reserved 2019-2020   I   Powered by WealthCo

WealthCo. Asset Management Inc. (“WealthCo”) is registered as an Exempt Market Dealer in the provinces of Alberta, British Columbia, Manitoba, Saskatchewan and Ontario.  It holds a Portfolio Manager registration in the provinces of Alberta, British Columbia, Manitoba, Northwest Territories and Saskatchewan and an Investment Fund Manager license in the province of Alberta. The information provided herein is for general information purposes and should not be construed as an offer to purchase, sell or trade in securities.  Important information regarding the WealthCo funds discussed herein is set out in the fund’s offering memorandum.  A copy can be obtained from info@wealthco.ca.These S&P index returns are shown because they are widely quoted and are provided for general information purposes only.  They may not be a fair comparison to the WealthCo Fund because the investment universe and risk profile of the two portfolios differ.  The historic returns and their relative performance shown above may not be indicative of future returns.  Performance cannot be guaranteed. Medium Risk Model Portfolio: The returns set out above reflect a money weighted average of the returns of all clients invested in a medium risk model portfolio during the investment period shown. The actual result of a portfolio invested under this risk category may deviate from the composite because of differences in the composition and type of assets held.  The performance of the TSX/S&P has been provided for general information purposes only.  It may not be a fair comparative to the composite return because the types of securities in the index and the index’s overall market risk differs from the composite. Model Portfolio: This asset mix set out herein reflects the composition of a typical medium risk portfolio as at 09/28/18. The composition of an actual portfolio may vary from the composite, and the asset mix of the composite may vary over time.