Frequently Asked Questions
We purchase individual bonds for our clients as opposed to units in a bond fund. Bond funds lack a fixed maturity date and the purchaser owns units in the fund, not the bonds. The value of the units is based on the cumulative market value of all the bonds in the fund on any given day. Bonds on the other hand have a set maturity date and fixed interest payments which makes the return on each bond certain as long as it is held to maturity.
Value Stocks are common stocks currently undervalued and ignored by the market but are believed to have great potential to expand in value in the future. Growth Stocks are common stocks that are thought to have excellent prospects for above average future growth.
The utmost of principle protection, growing income, capital gain potential and marketability cannot be found in one security. Yield tends to be lower when the need for safety and security are high. Investors who seek safety and reliable income will bid up the price of the security and the yield will fall. Similarly, if a company shows high growth prospects, eager buyers seeking capital gains can create a demand that may push up the price to an unstable level.
Safety of principle is a major tenet for us. We combine the disciplines of fundamental, quantitative, and technical analysis allowing us to look at a company in several different ways. We believe this is a more robust approach then using only one or two analytical frameworks.
Investment counsellors, also known as portfolio managers, charge a fee based on a percentage of the assets under management, with larger accounts typically qualifying for lower fees. As a general rule, those who manage the assets in these firms undergo rigorous educational training and uphold the highest ethical standards. Portfolio Managers must, by law, act with a fiduciary duty to act in the best interest of the client as do those who have achieved the coveted Chartered Financial Analyst (CFA) designation. An Investment counsellor creates and manages a fully segregated and personalized account on the client’s behalf with the asset mix tailored to the client’s financial goals, risk tolerance, income needs, tax or estate issues etc.
Enriched Investing Incorporated manages institutional and private client investment portfolios. We have no commissioned sales people, we do not sell products and are not associated with any other financial firm. We are owned and managed by our major shareholders and earn our fee strictly on the value of the assets under our management.
We do not take possession of clients’ cash or securities. Your assets are held by a custodian, usually a bank or trust company.
Managers possess the CFA or CIM designations and must be registered as an Investment Counsel or Portfolio Manager. CFA stands for Chartered Financial Analyst. This designation is given to those individuals who have passed three annual examinations conducted by the CFA Institute and have practical experience in economic analysis, investment analysis and portfolio management.
CFA stands for Chartered Financial Analyst. This designation is given to those individuals who have passed three annual examinations conducted by the CFA Institute, and have practical experience in economic analysis, investment analysis and portfolio management.
Enriched Investing Incorporated invests your money and makes changes to the individual securities in your account. We do not have authority to withdraw money or securities from your account.
The custodian will send you a monthly statement detailing your portfolio holdings and account activity and you receive notices of all transactions as they occur. In addition, our clients enjoy the ability to see their accounts on line with activity up to the previous day available.