Welcome to the Managed Accounts
Objective:
In addition to managing the AlphaDelta Growth Fund, we offer Canadian investors the opportunity to invest with us through Separately Managed Accounts (SMAs). SMAs allow us to create and manage portfolios that strike a more tailored balance across the individual growth, income and capital preservation objectives of our investors.
Strategy:
Our broad investment approach is multidisciplinary and seeks to incorporate a blend of growth and value styles in our equity holdings. The growth component seeks companies exhibiting strong earnings growth and relative price strength while the value component looks for out-of-favour blue chip companies that pay a high dividend yield. The bond component invests in a range of corporate and government bonds in both Canada and the U.S. Additionally, portfolios will often incorporate structured products such as equity linked notes for enhanced yield opportunities.
Suitability:
Separately Managed Accounts (SMAs) are suitable for most high net worth individuals, corporations and foundations. SMAs are managed on a discretionary basis by Barry Hirowatari who maintains responsibility for all day to day market decisions. SMAs are available to Canadian investors with a minimum portfolio size of $250,000.
Determining Your Objectives
Each client’s unique set of return and risk objectives are discussed and established in a series of initial conversations and sit-down meetings with our team. The information received from this process of discovery is then crafted into an investment policy statement which sets forth the agreed upon guidelines for asset allocation and investment management, along with other key elements such as reporting guidelines.
Building Your Portfolio
From the investment policy statement the portfolio is built. The equity component will have a bias towards growth companies exhibiting strong earnings in stocks in a current uptrend. The portfolio will also have a value component comprised of primarily dividend paying large cap stocks. The fixed income portion will invest in bonds, GIC’s and other income investments diversified by duration and geography. Depending on the specific mandate pursued, some clients may also hold investments in other asset classes such as alternative strategies or equity linked notes.
Ongoing Management and Review
The portfolio is reviewed on an ongoing basis and a full report including a time weighted rate of return is provided each quarter.
Separately Managed Accounts Performance
The BTH Managed Account Strategy was launched on November 1, 2012 and has been managed by Barry Hirowatari since that time. Since inception the Strategy has provided investors with consistent performance and a tactically managed asset mix that is responsive to changing market environments.
Historical Performance, May 31, 2024
| Period | Performance |
| 3 Months | -0.1% |
| 6 Months | 9.1% |
| 1 Year | 11.7% |
| 3 Year* | 0.0% |
| 5 Year* | 6.3% |
| Inception* | 7.9% |
*Annualized
Performance Statistics, May 31, 2024
- Annualized ROI of 7.9% Since November 1, 2012
- Annualized Volatility of 10.2%
- Annualized Sharpe Ratio: 0.29
- Best Month +10.2%
- Worst Month -10.0%