Briefly: “Wellington West honoured by STEP” and more news

MD International Growth Fund; MD International Value Fund; MD American Growth Fund; MD American Value Fund; MD Select Fund; MD Equity Fund; MD Income & Growth Fund; MD Dividend Fund; MD Balanced Fund; MD Balanced Fund; MD Dividend Fund; MD Income & Growth Fund; MD Equity Fund; MD Select Fund; MD American Value Fund; MD […]

By Staff | October 27, 2010 | Last updated on October 27, 2010

5 min read

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Select Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Equity Fund;

MD Select Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Income & Growth Fund;

MD Equity Fund;

MD Select Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Dividend Fund;

MD Income & Growth Fund;

MD Equity Fund;

MD Select Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Balanced Fund;

MD Dividend Fund;

MD Income & Growth Fund;

MD Equity Fund;

MD Select Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MDPIM International Equity Pool;

MDPIM US Equity Pool;

MDPIM Dividend Pool; and

MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD International Growth Fund;

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD International Value Fund;

MD International Growth Fund;

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Equity Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Balanced Fund;

MD Equity Fund;

MD American Value Fund;

MD American Growth Fund;

MD International Value Fund;

MD International Growth Fund;

MD Growth Investments Limited;

MDPIM US Equity Pool;

MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Balanced Fund;
MD Equity Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MD Growth Investments Limited;
MDPIM US Equity Pool;
MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

MD Balanced Fund;
MD Equity Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MD Growth Investments Limited;
MDPIM US Equity Pool;
MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

Wellington West has another feather in its cap.

Led by David Christianson, the independent full-service wealth management firm has been named the Independent Financial Advisor Team of the Year by the Society of Trust and Estate Practitioners (STEP). The award was announced at a gala dinner in London, UK on October 19th.

“David is an integral part of our firm and our culture,” said Kish Kapoor, president, Wellington West Holdings Inc. “He is an expert at financial advice, he has never forgotten to have fun and he constantly encourages us to live our dreams and our lives to the fullest.”

The award is presented to the team who best integrates independent financial advice into the wider estate planning strategy of their clients; shows that it understands the needs of private clients; demonstrates innovation in the proposition they offer to trustee clients; partners and develops professional connections and; demonstrates commitment to developing their legal and taxation knowledge.

“I am thrilled,” said Christianson of the recognition. “We are honoured that our team has been recognized as a top provider of financial advice. STEP saw that we are totally client centered, providing comprehensive family office advice that allows our clients the comfort they need to enjoy their lives more. The award is also a wonderful validation for our clients in choosing us.”

The Wellington West group of companies provides full-service brokerage, financial planning, asset management and capital markets services. In over 17 years since its inception, the employee-owned Wellington West has become one of the largest and fastest-growing independent full-service wealth management firms in Canada with approximately $9 billion in assets under administration.

– John Powell

• • •

Pick your retirement date with care: BMO report

Canadians approaching retirement need to do their research before picking a retirement start date, according to the latest BMO Retirement Institute report, When to Retire: Age Matters!.

Under the Canada Pension Plan’s (CPP) current rules, drawing benefits prior to the age of 65 reduces monthly payments by 0.5% per month. Conversely, pensions are increased by 0.5% for every month one defers drawing on their payments past age 65.

The CPP changes, which will be fully implemented by 2016, could significantly impact when one chooses to retire, providing an incentive to wait.

“The upcoming changes to CPP are just one example of why Canadians need to educate themselves on their retirement options,” says Tina Di Vito, head of the BMO retirement institute. “In order for Canadians to start thinking about their retirement start date, they need to have a clear financial picture, be able to envision their goals and have a plan for the future. The best way to do this is to seek the advice of an experienced financial professional.”

When planning for retirement, future retirees often focus on variables that are outside of their control, like the future state of the economy and how the markets will perform. According to the report, however, retirement age—and, in turn, retirement income—is something that most Canadians should consider strategically.

BMO offers these tips:

• Be informed: Familiarize yourself with how government and employer pension benefits will be calculated. Avoid finding out at retirement that what you will receive is different from what you expected to receive.

• Protect your retirement savings: As you approach retirement, restructure your portfolio to ensure that a portion of it is invested in products that are not subject to market fluctuations.

• Obtain advice: Seek out the help of a financial advisor who can assist you in developing a retirement plan that best suits your needs.

Read a copy of the report

– April Scott-Clarke

• • •

Women lag in investment confidence

A new survey has found that women investors have less confidence, satisfaction and optimism in their investments, than their male counterparts.

The survey, conducted by Leger Marketing for Franklin Templeton Investments shows women are less likely to hold investments and have less confidence in meeting their financial goals than men.

Men are 7% more likely to hold investments than women and 6% more confident in their financial plans, the survey found.

Only 65% of women surveyed were satisfied with their investment knowledge, compared to 77% of men. Women also have a more negative outlook, with 26% saying they are pessimistic about their investments, compared to 18% of men.

However, it seems the gap shrinks when female investors get investment advice. Women investors that work with an advisor are 14% more satisfied with their knowledge, 15% more optimistic and 16% more confident in their financial plans when compared to women that didn’t seek professional investment advice.

– April Scott-Clarke

• • •

MD Physician Services revises funds, adds units

MD Physician Services has announced changes to the management of the MD Growth Investments Limited fund (MD Growth Fund), bringing on AGF Investments, Mackenzie Financial’s Cundill investment team and CIBC Global Asset Management. The new sub-advisors will work with incumbent advisor Walter Scott & Partners Limited.

MD also launched a new currency risk management strategy on MD Growth Fund, which should enhance returns and reduce exchange rate risk. CIBC Global Asset Management will supervise the new currency management strategy. CIBC GAM will also manage foreign currency exposure and cash reserves on the following MD funds:

MD Balanced Fund;
MD Equity Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MD Growth Investments Limited;
MDPIM US Equity Pool;
MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

Wellington West has another feather in its cap.

– John Powell

• • •

Pick your retirement date with care: BMO report

Canadians approaching retirement need to do their research before picking a retirement start date, according to the latest BMO Retirement Institute report, When to Retire: Age Matters!.

The CPP changes, which will be fully implemented by 2016, could significantly impact when one chooses to retire, providing an incentive to wait.

BMO offers these tips:

• Be informed: Familiarize yourself with how government and employer pension benefits will be calculated. Avoid finding out at retirement that what you will receive is different from what you expected to receive.

• Protect your retirement savings: As you approach retirement, restructure your portfolio to ensure that a portion of it is invested in products that are not subject to market fluctuations.

• Obtain advice: Seek out the help of a financial advisor who can assist you in developing a retirement plan that best suits your needs.

Read a copy of the report

– April Scott-Clarke

• • •

Women lag in investment confidence

A new survey has found that women investors have less confidence, satisfaction and optimism in their investments, than their male counterparts.

The survey, conducted by Leger Marketing for Franklin Templeton Investments shows women are less likely to hold investments and have less confidence in meeting their financial goals than men.

Men are 7% more likely to hold investments than women and 6% more confident in their financial plans, the survey found.

– April Scott-Clarke

• • •

MD Physician Services revises funds, adds units

MD Balanced Fund;
MD Equity Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MD Growth Investments Limited;
MDPIM US Equity Pool;
MDPIM International Equity Pool.

In conjunction with these new strategies, MD Physician Services has also created a new Series T class of units to be issued by the MD family of mutual funds and MDPIM family of pool funds.

Series T units will generate steady tax-efficient cash flow that does not increase taxable income or impact certain benefits such as Old Age Security.

The new series T units will be issued by the following existing MD investment solutions:

MD Balanced Fund;
MD Dividend Fund;
MD Income & Growth Fund;
MD Equity Fund;
MD Select Fund;
MD American Value Fund;
MD American Growth Fund;
MD International Value Fund;
MD International Growth Fund;
MDPIM International Equity Pool;
MDPIM US Equity Pool;
MDPIM Dividend Pool; and
MDPIM Canadian Equity Pool.

– John Powell

(10/27/10)

Staff

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