Solutions & Services

Strategies

     

Objective

North American Management constructs investment portfolios based on our clients’ specific needs and investment objectives. Portfolios are structured utilizing a broad array of internally and externally managed investment strategies, complemented by low cost index solutions such as Exchange Traded Funds (ETFs). In general, we take a long term view on equities, seeking preservation of capital and growth opportunities for our clients in what we consider the most attractive industry sectors, companies and regions.

Process

The stock selection process is based on fundamental top-down and bottom-up research.  Broad themes are identified by the investment committee, followed by a determination of the primary geographical regions and industry sectors that will directly benefit from these themes.  The bottom-up component is then to conduct thorough analysis and research to identify what we believe to be the best companies within our specified parameters that may then be considered for inclusion in the strategies.

 

Monitoring/Review

Securities within the strategies are monitored daily by our portfolio managers and weekly by the investment committee. There is a daily update on news, corporate events, calendar and investment ratings that is monitored by our Chief Investment Officer, portfolio managers and analysts for each of these securities. We also actively engage the management of our portfolio companies through conference calls, meetings and conferences.

Asset allocation

Portfolio allocations may be tactically adjusted based on our macroeconomic outlook, market conditions, liquidity and considering client objectives. Asset classes in these portfolios include equities, fixed income, real estate (Real Estate Investment Trusts (REITs)), real assets (commodities), mutual funds, Exchange Traded Funds (ETFs), Master Limited Partnerships (MLPs) and cash.

 

Investment Solutions Include:

 

Global Growth Strategy

 

  • Our internally managed global growth strategy seeks to find opportunities in quality companies in industries, sectors and regions that collectively possess growth characteristics. It is comprised mainly of large capitalization global companies, actively managed mutual funds, long only equity managers, together with select sector and country ETFs.

Global Moderate Growth Strategy

  • Our internally managed global moderate growth strategy seeks to lower volatility, preserve capital and maximize income after taxes. This strategy may include a number of global growth strategy names, together with multiple asset classes, including REITs, MLPs, Income Trusts, and other high yielding equities.

Global Conservative Strategy

  • Our internally managed global conservative strategy seeks to preserve capital, generate income and offer reasonable growth in most market conditions. This strategy may include a number of global growth strategy names, multiple asset classes, including REITs, MLPs, and high yielding equities.

Global Income Strategy

  • Our internally managed global income strategy seeks to maximize after tax income by focusing on companies with the ability to generate a sustainable and growing dividend stream. This strategy may include a number of global growth strategy names, multiple asset classes, including fixed income, REITs, MLPS, etc.

Fixed Income Strategy

  • Our internally managed fixed income strategy seeks to preserve capital in most market conditions. This strategy may include, but is not limited to, high yield bonds, investment grade bonds, US Treasury bonds, Sovereign bonds, Municipal bonds and securities with fixed income characteristics.

Outside Manager Platform

  • For our accredited clients, North American Management offers alternative investment services to complement their equity holdings. Customized portfolios are created consistent with the client’s desired risk/return profile, liquidity, tax bracket, time horizon, legal issues and other considerations
  • North American Management has access to a deep platform of long only and long/short managers who meet our criteria for investment and business experience
  • Investments are selected with an emphasis on up market and down market capture, together with risk/return attributes
  • North American Management identifies managers across all asset classes with the goal of producing absolute returns under most market conditions
  • Prior to investments being made, each manager is subjected to our due diligence process that includes a thorough review of policy and procedures, financial and operational audits, background checks, professional references and onsite visits
  • The portfolio and the underlying managers are monitored on an ongoing basis through proprietary reporting, manager communications and visits