The portfolio will be invested to maximize returns over a complete market cycle. An investor should have a planning horizon of at least five years and be able to tolerate market fluctuations that may yield negative returns for up to three to four quarters.
Bromley Basket Investment Objective
To provide a diversified portfolio, predominantly of Canadian Securities, that produces capital appreciation and moderate income. The portfolio performance will be proportionately measured against the TSX and US Indices (0.7 x TSX Total Return) + (0.3 x DJIU x US$).
Bromley Basket Investment Criteria
The portfolio will consist of ten to twenty securities, all of which will be traded on the Canadian, or US Stock Exchanges. The focus will be on Canadian Blue Chip companies, with a maximum of 30% of the portfolio invested in foreign content. Non-Canadian securities will consist of US stocks, or Index Participation Units accessing North American and Global markets. The portfolio will attempt to be fully invested; however, from time to time we may hold some cash in short term, high quality, fixed income instruments, or no-load money market funds.
Our purpose
Our team believes being patient and acquiring high-quality investments are the keys to long-term financial success. Our approach is aligned with National Bank Financial - Wealth Management's commitment to meeting all of our clients' needs.
The minimum cost to purchase a Basket is approximately $73,000 (as of March 2025).
The portfolio will be selected from Blue Chip Canadian and US Stocks. Approximately two-thirds of the stocks will be "buy and hold" while one-third may be shorter-term, growth opportunities. When the fundamental outlook for a company turns negative, that stock will be sold.
Fees start at 1.75% and may be reduced to 1.25% when the number of Baskets exceeds 50.
Key features of your succession plan should include:
- Define the objectives of your succession plan;
- Determine your wishes (beneficiaries, asset distribution, tutors, etc.);
- Establish the financial needs of your successors, such as your children's education;
- Evaluate your needs in case of incapacity; and
- Minimize the tax burden and maximize the cash flow available after your passing
Taxes are one of life's certainties, but there are strategies to minimize your tax burden at the time of the initial investment, and upon its disbursement.
Capital gains and investment income are taxed differently depending on the investment product you use. With good planning, you can ensure that you choose investment vehicles that reflect your tax situation so that you can grow your wealth more efficiently.
Having the right insurance coverage can make all the difference for your peace of mind.
We all hope to live a long and healthy life. Unfortunately, we can't always predict what the future holds, and that is why having good insurance coverage can make all the difference to your peace of mind, and that of your loved ones.
It is crucial to see to your financial security today in order to avoid financial misfortunes in the event of death, illness or disability later on. I would welcome the opportunity to discuss your situation and insurance needs, and to ensure that you have the right coverage.
Retirement Planning can be an overwhelming process for many. From the intitial conversations and the formulation of an achievable plan that meets your goals to the implementation of that plan, we can help you on the path to long-term financial security and independence.
