Portfolios

Source: Avenue Investment Management Inc. Data as of June 30, 2024.

Not every investor has the same goal.

At Avenue, we have one philosophy and strategy for managing clients portfolios that can be customized to accomplish different objectives for the investor. Customization occurs based upon clients individual tax, income and personal values, allowing for flexibility in the portfolio construction process.

Tailored Asset Allocation
Every client has their own unique asset allocation and risk parameters that may include investing in bonds when appropriate. The portfolio management team will assess the client’s needs and make suitable recommendations for certain allocations within the portfolio.

Bonds
Avenue manages an active bond portfolio primarily comprised of Canadian corporate bonds. Corporate credit has been a core competency of the firm since inception in 2003.

  • Avenue Core Equity Portfolio

    The Avenue Core Equity Portfolio is a universal pension type portfolio with a balance of income and capital gains. It invests primarily in high-quality equity securities of global companies that are publicly traded on stock exchanges in Canada and the United States. Each portfolio will have exposure to Avenue’s Tail Hedge Strategy unless expressly declined.

    The portfolio primarily invests in common shares. However, if there is an opportunity, the portfolio may invest in preferred shares, convertible bonds and corporate debt of select companies – which in some cases provide equity-like returns.

    • The portfolio holds on average 40 investments
    • The portfolio is RRSP, RRIF and TFSA eligible.

    Time weighted return, gross of management fees. Canadian CPI or Consumer Price Index is a representation of inflation. Having investment returns that beat inflation is the fundamental objective of long term investing.

  • Avenue Tax Efficient Portfolio

    The purpose of Avenue’s Tax Efficient Portfolio is to minimize dividend income where possible and extend investment holding periods to reduce the frequency of realizing capital gains, while at the same time maintaining the intended total return target.

    It invests primarily in high-quality equity securities of global companies that are publicly traded on stock exchanges in Canada and the United States. Each portfolio will have exposure to Avenue’s Tail Hedge Strategy unless expressly declined. The portfolio primarily invests in common shares. However, if there is an opportunity, the portfolio may invest in preferred shares, convertible bonds and corporate debt of select companies – which in some cases provide equity-like returns.

    • The portfolio holds on average 40 investments
    • The portfolio is RRSP, RRIF and TFSA eligible – but designed for taxable accounts.

  • Avenue Environmental Portfolio

    The purpose of Avenue’s environmentally sensitive portfolio is to reduce the carbon exposure of the portfolio by eliminating oil and natural gas producers, pipeline companies and gold mining, while at the same time maintaining the intended total return target.

    The Avenue Environmental Portfolio invests primarily in high-quality equity securities of
    global companies that are publicly traded on stock exchanges in Canada and the United
    States. Each portfolio will have exposure to Avenue’s Tail Hedge Strategy unless
    expressly declined.

    The portfolio primarily invests in common shares. However, if there is an opportunity, the portfolio may invest in preferred shares, convertible bonds and corporate debt of select companies – which in some cases provide equity-like returns.

    • The portfolio holds on average 40 investments.
    • The portfolio is RRSP, RRIF and TFSA eligible.

  • Avenue Concentration Dividend Portfolio

    The purpose of Avenue’s concentrated dividend portfolio is to emphasize dividends where possible, while at the same time maintaining the intended total return target. The portfolio invests primarily in high-quality equity securities of global companies that are publicly traded on stock exchanges in Canada and the United States. Each portfolio will have exposure to Avenue’s Tail Hedge Strategy unless expressly declined.

    The portfolio primarily invests in common shares. However, if there is an opportunity, the portfolio may invest in preferred shares, convertible bonds and corporate debt of select companies – which in some cases provide equity-like returns.

    • The portfolio holds on average 50 investments.
    • The portfolio is RRSP, RRIF and TFSA eligible.

  • Avenue Bond Portfolio

    The Avenue Bond Portfolio invests primarily in Government of Canada bonds, Canadian provincial bonds, corporate debt and money market instruments such as treasury bills, bankers’ acceptances, and commercial paper. The emphasis of the portfolio is to achieve steady income with a low risk of capital loss and a low potential for capital gain.

    The portfolio may also have exposure to high-yield bonds, convertible bonds, REITs and unit trusts. Exposure to these asset classes will not exceed 20% of the portfolio.

    • The portfolio holds on average between 15 and 20 investments.
    • The portfolio is RRSP, RRIF and TFSA eligible.

    Time weighted return, gross of management fees. Canadian CPI or Consumer Price Index is a representation of inflation. Having investment returns that beat inflation is the fundamental objective of long term investing.