Three new funds keep investor emotions and the psychology of investing
top of mind.TORONTO, July 29 /CNW/ - Wellington West Holdings Inc. today announced
the launch of its innovative new fund family, Nxt Funds. Nxt Funds incorporate
the principles of behavioural finance into a uniquely diversified, one-stop
investment that is available exclusively to clients of Wellington West, which
includes the alumni of 22 of the leading universities and colleges across
Canada.
"We have the very best clients and advisors in the country and are
committed to becoming the leading independent wealth management firm in
Canada," says Kish Kapoor, President, Wellington West Holdings Inc.
"Consistent with this vision; we are thrilled to be able to launch our asset
management platform with a truly unique and forward-thinking product like Nxt
Funds."
The team at Nxt funds has developed a process that combines the best of
modern portfolio management and research to create a solution that is robust
enough to offer stable performance and flexible enough to respond to market
change. This process moves beyond orthodox finance, incorporating the concepts
of behavioural finance - the study of investor psychology - into every
decision.
"Investors have been shell-shocked in recent times. Understanding
investor emotion is key to managing biases like regret that tend to negatively
influence investors and the markets, especially during periods of economic
uncertainty," says Dr. Meir Statmen, Glenn Klimek Professor of Finance, Leavey
School of Business at Santa Clara University, industry expert and consultant
to the Nxt Funds Investment Committee. "Using the principles and theory of
behavioural finance, Nxt Funds is able to better manage and anticipate these
influences, resulting in a well-managed and responsive long-term investment
solution."
The three unique investment solutions provide investors of all types a
customized choice that best suits their needs and tolerance for risk.
"We use the insight from behavioural finance to construct portfolios and
report performance so that our clients have a better emotional and financial
experience with investing in volatile markets," says Sam Pellettieri, Chief
Investment Officer, Wellington West Asset Management Inc. "NxT Funds uses
asset classes and investing styles that have often only been accessible in the
portfolios of large institutions, to add true diversification to the
portfolios and reduce volatility."
The three portfolios, Nxt EQ35 Income & Growth, Nxt EQ60 Balanced and Nxt
EQ75 Balanced Growth, are designed to help investors battle the uncertainty of
the current markets and move forward with a renewed focus on their long-term
goals.Key benefits to investors:
- capital preservation
- access to unique asset classes
- long-term growth
- reliable source of income
- tax-efficiencyTo learn more about Nxt Funds EQ35, EQ60 and EQ75 please visit
www.nxtfunds.ca.
About Nxt Funds
Wellington West Asset Management Inc., a division of Wellington West
Holdings Inc., actively manages the Nxt Funds portfolios. Chief Investment
Officer, Sam Pellettieri, and the team focus on employing an active-analytical
investment method that combines a study of behavioural finance with strong
quantitative research. For more information visit www.nxtfunds.ca.
About Wellington West
The Wellington West group of companies provides full-service brokerage,
financial planning, asset management and capital markets services. In the 16
years since its inception, Wellington West has become one of the largest and
fastest-growing independent full-service wealth management firms in Canada,
with approximately $8 billion in assets under administration. The majority of
the shares are owned by employees. In 2008, National Bank Financial Group
acquired a minority interest in the company.
Among its many corporate achievements, Wellington West has ranked among
the top 50 Best Employers in Canada for the past four years and re-qualified
as one of Canada's 50 Best Managed Companies for the past three years. In
addition, for six consecutive years, Wellington West has ranked in the top
three firms in the country in the Investment Executive Brokerage Report Card
survey. For more information visit www.wellingtonwest.com.
Commissions, trailing commissions, management fees and expenses all may
be associated with investments in Nxt Funds. Please read the Nxt Funds
prospectus before investing. Nxt Funds are not guaranteed, their values change
frequently and past performance may not be repeated.
For further information: Media Enquiries: Lindsey Rusche, Manager,
Corporate Communications, Wellington West Holdings Inc., T: (416) 313-3094,
lrusche@wellwest.ca
