Performance figures for each account are calculated using time weighted rate of returns on a daily basis. The Composite returns are calculated based on the asset-weighted monthly composite constituents based on beginning of month asset mix and include the reinvestment of all earnings as of the payment date. Composite returns are as follows:

PODCAST

Investor Education: The Nicola Global Equity Fund with Sean Oye

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00:00:00
00:19:52

PostedMarch 7, 2019

Episode Summary

In this episode of The Wealth Exchange, host, Mark Therriault, introduces a new series where we dive into individual asset classes to help provide a better understanding of what happens behind the scenes into why and how we invest in each of the Nicola Wealth funds.

So, to kick things off, Mark interviews Sean Oye, Portfolio Manager of the Nicola Global Equity Fund. They have a great conversation about the fund, including a dive into what the fund is, the strategy behind it and the global markets that influence returns.



Key Takeaways


Timeline
Content
[00:00:29]
About The Wealth Exchange’s new series.
[00:1:14]
Sean describes what global equities consist of and what the space looks like.
[00:3:20]
When it comes to global equity, why doesn’t Nicola Wealth manage the underlying managers (like they do in Canada and U.S.)?
[00:4:32]
How the Portfolio Management Team makes decisions on what the allocations are for each manager and whether or not they want each manager to work in a different environment or space.
[00:5:52]
Does Nicola Wealth's Portfolio Management Team review markets and make allocation changes on a quarterly or annual basis?
[00:7:02]
Are there big differences in the Asian or European markets compared to the U.S. market? Or are they relatively the same?
[00:7:55]
Are Sean Oye and his team looking at global markets as a potential opportunity?
[00:10:24]
Is Nicola Wealth positioned defensively or aggressively when it comes to global equity?
[00:11:37]
Is each manager doing something a bit differently than the others? And why?
[00:13:30]
When Sean looks at the global markets outside of Canada and the U.S., where does his team see opportunity and value going forward in the year.
[00:14:35]
Why is the Asian market selling 3x less the multiples than companies in the U.S. are selling?
[00:15:29]
What’s Nicola Wealth's position on Europe? Do they have a large exposure there?
[00:17:05]
Mark and Sean discuss the potential of there being more buying opportunities in the European and Asian markets.
[00:18:11]
Sean’s final points in regards to the global equity fund.

Mentioned in this episode

Nicola Global Equity Fund

VISA

Microsoft

Amazon

Kimberley Clark

Clorox

Nestle

Episode Featured on:


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Guest Bio


Sean Oye

Sean is a Portfolio Manager at Nicola Wealth. He primarily spends most of his time actively engaged in analyzing both Canadian & U.S. equities; he is also the co-manager and trader of two of our Nicola Wealth Funds that extensively use derivative strategies.

He brings with him over 20 years experience working in the mutual fund, insurance, and banking industries; he also has experience working in the technology field as a technical analyst. Sean graduated with a Bachelor of Commerce Degree (honours) from Thompson Rivers University and also holds both the CFP and CFA designations.

For his full bio, visit: nicolawealth.local/our-team/sean-oye



About The Host - Mark Therriault

Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.

As a member of the Nicola Wealth Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.

Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.

For his full bio, visit: nicolawealth.com/our-team/mark-therriault



Disclaimer

This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.