5 portfolios · multi-asset portfolios . objective selection of top 3. rd. party managers. 5...

Multi-Asset Portfolios Objective Selection of Top 3rd Party Managers

5 Portfolios

Asset Allocation• Morningstar’s valuation-driven approach • Avoids overvalued market areas • Pursues undervalued market areas

Portfolio Construction • Uses active where active works best• Uses ETFs where passive works better • Mutual funds, pooled funds, ETFs

Monitoring/Adjusting• Allocation to fixed income and equities

can vary +/- 15%• Aligned with 5 Investor Risk Profiles

EX

PE

CTE

D R

ETU

RN

E X P E C T E D R I S K

Program at a Glance

Fixed Income Equities

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

Morningstar Conservative Portfolio

Morningstar Moderate Portfolio

Morningstar Balanced Portfolio

Morningstar Growth Portfolio

Morningstar Aggressive Portfolio

Access to Top Managers

INDEPENDENT PLATFORM

Exclusively on the


Exclusively on the

BMO Global Asset Management is a brand name that comprises of BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO’s specialized investment management firms. ®“BMO (Mbar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence. Invesco is a registered business name of Invesco Canada Ltd. Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. ® Invesco Canada Ltd., 2017. iShares® and BlackRock® are registered trademarks of BlackRock, Inc. and its affiliates (“BlackRock”) and are used under license. BlackRock makes no representations or warranties regarding the advisability of investing in any product or service offered by Bridgehouse Asset Managers (“Bridgehouse”), the retail trade name of Brandes Investment Partners & Co. BlackRock has no obligation or liability in connection with the operation, marketing, trading or sale of any product or service offered by Bridgehouse. BlackRock, Inc. and its affiliates (“BlackRock”) has not participated in the construction of any funds managed by Bridgehouse nor has it provided any investment advice in respect thereof. BlackRock has no obligation or liability in connection with any services, products or recommendations provided by Bridgehouse. BlackRock does not guarantee the performance of any iShares exchange-traded fund. Capital Group funds are offered in Canada by Capital International Asset Management Inc. (Canada). The TD logo and other trade-marks are the property of The Toronto-Dominion Bank. Managers are owners of their mark. Managers shown are part of the Morningstar Managed Investments Program and may not necessarily be part of each individual portfolio.


Exclusively on the


Exclusively on the

FOR REGISTERED DEALERS AND THEIR REGISTERED SALESPERSONS’ USE ONLY. NOT FOR DISTRIBUTION TO INVESTORS. Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. (Bridgehouse). Brandes Investment Partners® is a registered trademark of Brandes Investment Partners, L.P. (Brandes LP), which is an affiliate of Bridgehouse. As manager of the Bridgehouse Funds, Bridgehouse has chosen Morningstar Associates Inc., a registered portfolio manager and wholly owned subsidiary of Morningstar Research Inc., to serve as a portfolio sub-advisor and as such, provide managed selection, asset allocation, portfolio construction and monitoring services for certain Bridgehouse Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. This material has been provided by Bridgehouse and is for informational purposes only. It should not be construed as a recommendation to buy or sell. Morningstar Associates is not acting in the capacity of advisor to individual investors. The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Associates is not affiliated with Bridgehouse or its affiliates. Morningstar Associates encourages you to obtain and review the Bridgehouse Funds prospectus, or an equivalent document prior to making an investment decision. This material has been provided by Morningstar for information purposes only and in no way should be construed as advice or establishing any kind of advisory relationship with Bridgehouse Asset Managers. All information, data, results, analysis, including but not limited to the Investment Policy Statement and Investor Profile Questionnaire are published by Morningstar Associates Inc., (Morningstar). The Morningstar name and logo are registered marks of Morningstar, Inc. Managers shown are part of the Morningstar Managed Investments Program and may not necessarily be part of each individual portfolio. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. For any additional information, please contact your Bridgehouse Regional Sales Team. Published July 2020.

MMIP is available exclusively through Bridgehouse Asset Managers. Learn more: MstarBridgehouse.com33 Yonge Street | Suite 300 | Toronto | ON | M5E 1G4 | 416.306.5700 | 888.861.9998

Program at a Glance

*MER is further reduced by 5bps (through management fee rebates) for investors with Fund account balances >$100,000. IFixed Income IEquities

As at June 30, 2020

1. BMO Aggregate Bond Index ETF 13.5%

2. Leith Wheeler Core Bond Fund 11.5%

3. TD Canadian Bond Fund 11.0%

4. PIMCO Monthly Income Fund 8.8%

5. Beutel Goodman Short Term Bond Fund 8.0%

6. Templeton Global Bond Fund 5.7%

7. Beutel Goodman Core Plus Bond Fund 5.0%

8. Vanguard Canadian Short-Term Bond Index ETF 4.5%

9. BMO Real Return Bond Index ETF 4.0%

10. Capital Group Global Equity Fund (Canada) 3.8%





5. PIMCO Monthly Income Fund 5.3%

6. Beutel Goodman Short Term Bond Fund 5.2%

7. Galibier Canadian Equity Pool 5.0%

8. Templeton Global Bond Fund 4.5%

9. Beutel Goodman Core Plus Bond Fund 4.0%

10. Mackenzie Ivy Canadian Fund 3.5%





5. Vanguard FTSE Canada Index ETF 4.5%

6. Canoe Defensive International Equity Fund 4.2%


8. Beutel Goodman American Equity 4.0%

9. CI Black Creek International Equity Fund 4.0%

10. Invesco Global Endeavour Fund 3.8%









9. Pender Value Fund 4.1%

10. Franklin Bissett Canadian Equity Fund 4.0%








8. Franklin Bissett Canadian Equity Fund 5.5%

9. Pender Value Fund 5.0%


Risk Rating

Series F Code

Series F MER*

Series A Code

Series A MER*

Risk Rating

Series F Code

Series F MER*

Series A Code

Series A MER*

Risk Rating

Series F Code

Series F MER*

Series A Code

Series A MER*

Risk Rating

Series F Code

Series F MER*

Series A Code

Series A MER*

Risk Rating

Series F Code

Series F MER*

Series A Code

Series A MER*

Morningstar Conservative Portfolio

Morningstar Moderate Portfolio

Morningstar Balanced Portfolio

Morningstar Growth Portfolio

Morningstar Aggressive Portfolio

Top 10 Holdings

Top 10 Holdings

Top 10 Holdings

Top 10 Holdings

Top 10 Holdings

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

80%20%

60%40%

40%60%

20%80%

5%95%

Low

BIP 517

1.01%

BIP 107

1.86% (75bps trailer)

Low to Medium

BIP 519

1.11%

BIP 109


Low to Medium

BIP 516

1.15%

BIP 106


Medium

BIP 518

1.21%

BIP 108


Medium

BIP 515

1.26%

BIP 105


5 portfolios · multi-asset portfolios . objective selection of top 3. rd. party managers. 5...

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