Investment Objective & Strategy
The OneVest Core Portfolio seeks to maximize risk-adjusted returns by using the broadest set of asset classes and investment strategies available, which provide both return enhancement and diversification benefits relative to a traditional portfolio of stocks and bonds.
Portfolio Holdings
The OneVest Core Portfolio is constructed using a diversified portfolio of asset classes and investment strategies:
|
Commodities |
Includes goods such as agricultural products, natural resources, and raw materials. Commodity prices can be sensitive to the economic cycle, exhibit volatility based on supply and demand, and are generally less correlated to stocks and bonds. Portfolio holdings may include:
|
|
Cryptocurrencies |
Digital assets that work as a medium of exchange across a decentralized public transaction database (“blockchain”). The return potential and volatility of cryptocurrencies can be extremely high. Portfolio holdings may include:
|
|
Event-Driven |
An investment strategy that seeks to profit from defined catalysts that are typically major corporate events such as bankruptcies, mergers and acquisitions, restructurings, spinoffs, or takeovers. Portfolio holdings may include:
|
|
Global Macro |
Systematic or discretionary investment strategies that seek to profit off changes in macroeconomic variables and trends by trading across various global asset classes including currencies, commodities, equities, and fixed income. Portfolio holdings may include:
|
|
Global Public Equities |
Stocks that trade on an exchange, diversified across regions, sectors, and company size (market capitalization) in both developed and emerging markets. Portfolio holdings may include:
|
|
Investment Grade Bonds |
Includes bonds that are typically issued by governments and large corporations. These bonds have high credit ratings and are considered relatively safe investments. Portfolio holdings may include:
|
|
Listed Infrastructure |
Consists of publicly traded companies that are owners and operators of infrastructure assets and capital-intensive, long-lived real assets such as roads, dams, bridges, waterways, railways, communication networks, and electricity systems. Portfolio holdings may include:
|
|
Long/Short |
An investment strategy that seeks to profit from both increases and decreases in prices. A long/short strategy can generate much higher returns than a traditional buy-and-hold strategy, but often involves taking greater risk. Portfolio holdings may include:
|
|
Market Neutral |
An investment strategy that seeks to generate consistent positive returns regardless of the direction of the market. Portfolio holdings may include:
|
|
Merger Arbitrage |
An investment strategy that seeks to profit from the completion of announced corporate mergers and acquisitions through the spread between the current share price and the eventual deal price. Portfolio holdings may include:
|
| Real Return Bonds |
Usually issued by governments, these types of bonds provide inflation protection. The principal and coupons are automatically adjusted according to the Consumer Price Index (CPI). Portfolio holdings may include:
|
Portfolio Allocations (%)
The OneVest Core Portfolio is available in five risk profiles:
|
Very Low Risk |
Low Risk |
Medium Risk |
High Risk |
Very High Risk |
|
|
Commodities |
3 |
4 |
5 |
5 |
4 |
|
Cryptocurrencies |
0 |
0 |
0 |
2 |
4 |
|
Event-Driven |
15 |
11 |
9 |
8 |
8 |
| Global Macro | 5 | 10 | 14 | 12 | 10 |
|
Global Public Equities |
13 |
21 |
33 |
47 |
53 |
|
Investment Grade Bonds |
23 |
18 |
15 |
10 |
0 |
|
Listed Infrastructure |
0 |
0 |
5 |
5 |
6 |
|
Long/Short |
0 |
0 |
5 |
10 |
14 |
|
Market Neutral |
20 |
19 |
0 |
0 |
0 |
|
Merger Arbitrage |
15 |
13 |
13 |
0 |
0 |
|
Real Return Bonds |
5 |
3 |
0 |
0 |
0 |
Source: OneVest as of June 30, 2023.
Portfolio Performance (%)
|
Q2 2023 |
Year-to-date |
1 Year |
3 Year |
|
|
Very Low Risk |
0.15 | 2.33 | 5.49 | -- |
|
Low Risk |
0.52 | 3.39 | 7.04 | -- |
|
Medium Risk |
0.95 | 5.44 | 9.37 | -- |
|
High Risk |
2.01 | 8.09 | 13.00 | -- |
|
Very High Risk |
2.46 | 11.41 | 16.88 | -- |
Source: OneVest as of June 30, 2023.
Disclaimer
This information should not be relied upon as investment advice, research, or a recommendation by OneVest Management Inc. (“OneVest”) regarding (i) the Funds, (ii) the use or suitability of the model portfolios or (iii) any security in particular. OneVest does not provide legal or tax advice and we encourage you to consult your own lawyer, accountant, or other advisors before making an investment.
The information on this website is not an offer or solicitation for the purchase or sale of any financial instrument in any jurisdiction, nor is it a commitment by OneVest or any of its affiliates (collectively “OneVest”) to enter into any transaction referenced herein. All information provided by OneVest herein is indicative, is based on certain assumptions and current market conditions and is subject to change without notice. Accordingly, no reliance should be placed on the information herein. In deciding whether to enter into any transaction or strategy referenced herein, the recipient should rely solely on the final documentation, which will contain the definitive terms and conditions relating to any referenced transaction or strategy.
The information has been provided for illustrative purposes only and should not be relied upon by you in evaluating the merits of investing in any securities or strategies mentioned herein. This data is hypothetical and the performance does not represent actual returns. All data shown is reported in Canadian dollars and reported gross of OneVest’s discretionary management fees, but net of any management expense ratios (MERs) of underlying funds. The interpretation of these results should take into consideration the limitations inherent in the results of the model. Actual client portfolio returns may differ due to fees, rebalancing frequencies, as well as the timing of deposits and withdrawals.
Your capital is at risk with any type of investment. The value of your portfolio with OneVest can increase or decrease. Past performance is no guarantee of future results. Please read our investment risk disclosure for more information.
An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.
Portfolio target allocations are subject to change at the discretion of OneVest’s portfolio managers. Target allocations may differ slightly from what appears in client accounts due to periodic market fluctuations.
The price movement of an index-based ETF may not track the underlying index and may result in a loss. ETFs may trade at a price below their net asset value (also known as a discount). All regulated investment companies are obliged to distribute portfolio gains to shareholders.
OneVest Management Inc. is a registered Portfolio Manager in each province and territory of Canada and an Investment Fund Manager in the provinces of Alberta, Ontario, Newfoundland and Labrador, and Quebec.
Assets in your OneVest accounts are held with CI Investment Services, a registered investment dealer in each province and territory of Canada, a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and Canadian Investor Protection Fund (“CIPF”).
By using this website, you understand the information being presented is provided for informational purposes only and agree to our Terms and Conditions and Privacy Policy, and acknowledge our Disclosures.