Investment Mandates
Manitou Global Equity Mandate
The investment objective of the Manitou Global Equity Composite is to provide investors with long term capital appreciation consistent with safety of principal. The Manitou Global Equity Composite invests, in a concentrated manner, primarily in high quality equity securities of global publicly traded companies. Due to the inherent costs of investing in non-North American markets, this mandate is only offered on a pooled fund basis.
For relative performance comparison, this portfolio is benchmarked against S&P Global 1200 Index.
Manitou Equity (“North American”) Mandate
The investment objective of the Manitou Equity Composite is to provide investors with long term capital appreciation consistent with safety of principal. The Manitou Equity Composite invests, in a concentrated manner, primarily in high quality equity securities of North American publicly traded companies. This mandate is only offered on a segregated basis.
For relative performance comparison, this portfolio is benchmarked against a 50/50 blend of the S&P/TSX composite and S&P 500 Indices.
Manitou Canadian Equity Mandate
The investment objective of the Manitou Canadian Equity Composite is to provide investors with long-term capital appreciation consistent with safety of principal. The Manitou Canadian Equity Composite invests, in a concentrated manner, primarily in high quality equity securities of Canadian publicly traded companies. This mandate is offered on a pooled or segregated basis.
For relative performance comparison, this portfolio is benchmarked against S&P/TSX Composite.
Manitou U.S. Equity Mandate
The investment objective of the Manitou U.S. Equity Composite is to provide investors with long-term capital appreciation consistent with safety of principal. The Manitou U.S. equity composite invests, in a concentrated manner, primarily in high quality equity securities of U.S. publicly traded companies. This mandate is only offered on a segregated basis.
For relative performance comparison, this portfolio is benchmarked against S&P 500 Index.
Manitou Focus 5+ Mandate
The investment objective of the Manitou Focus 5+ Composite is to provide investors with long term capital appreciation consistent with the safety of principal. The Manitou Focus 5+ Composite invests, in a very concentrated manner, primarily in high quality equity securities of global publicly traded companies. Due to the risks associated with the higher concentration, investor suitability is at the discretion of the manager. This mandate is only offered on a pooled fund basis.
For relative performance comparison, this portfolio is benchmarked against a 50/50 blend of the S&P/TSX Composite and the S&P 500 Indices.
Manitou International Equity Mandate
The investment objective of the Manitou International Equity Composite is to provide investors with long-term capital appreciation consistent with safety of principal.
The Manitou International Equity Composite invests, in a concentrated manner, primarily in high-quality equity securities of international publicly traded companies. Due to the inherent costs of investing in non-North American markets, the International Equity mandate is only offered on a pooled fund basis.
For relative performance comparison, this portfolio is benchmarked against S&P EPAC BMI Index.
Manitou Income Fund
The investment objective of the Manitou Income Fund is to seek to provide investors with stability of capital and income. The fund will invest primarily in highly rated bonds, treasury bills, and banker’s acceptance notes issued by Canadian governments and Canadian corporations, as deemed appropriate by the manager.
For relative performance comparison, this portfolio is benchmarked against 75% iShares Canadian Short Term bond Index ETF and 25% iShares Canadian Universal Bond Index ETF.
Manitou Total Return Yield Mandate
The Manitou Total Return Yield Fund (TRY) is an alternative, multi-strategy yield vehicle designed to provide exposure to asset classes that are generally non-correlated with stock and bond markets. The majority of the Fund’s returns are derived from coupon bearing instruments, in addition to modest capital appreciation. The overall return objective is to deliver an annual cash yield of 6% and a total return of CPI +7% over a rolling 3 year period.