Five Portfolios Designed to Suit the Financial Goals and Risk Appetites of Canadian Investors
TORONTO, March 16, 2017 /CNW/ - Bridgehouse Asset Managers (Bridgehouse), the retail trade name for Brandes Investment Partners & Co., announces that a preliminary prospectus has been filed to launch a managed investments program in collaboration with Morningstar Associates, Inc., a unit of the Morningstar Investment Management group (Morningstar).The program will include five target risk portfolios featuring third-party funds which will be selected and monitored based on the extensive research capabilities of Morningstar and its affiliates. Ongoing asset allocation decisions will use Morningstar's proprietary valuation-driven approach to actively manage risk and improve return potential for investors.
"The unique aspect of the Morningstar Managed Investments Program will be the ability to access third-party funds in a portfolio that actively manages risk and return potential," says Carol Lynde, President & COO, Bridgehouse Asset Managers. "We also plan to incorporate tools to promote better advisor/investor communication including a Risk Appetite Questionnaire, which is a risk assessment tool and an Investment Policy Statement that will help investors understand their investment behaviour and their portfolio better."
"Morningstar is a global leader in investment research and portfolio construction, and uses a valuation-driven process to make disciplined allocations to asset classes and markets based on long-term fundamentals," Michael Keaveney, Head of Investment Management, Canada for Morningstar Associates, Inc., said. "With this new program, we draw on our extensive global research capabilities, combined with our local presence to select suitable holdings to help meet the needs of Canadian investors and their advisors."
About Bridgehouse Asset Managers
Bridgehouse Asset Managers (Bridgehouse), a trade name for Brandes Investment Partners & Co., is a Canadian independent investment platform offering products and services in alliance with investment companies with institutional roots. Bridgehouse products and services are offered through the financial advisor network to help investors take a long-term view of their individual strategies.
About Morningstar Research, Inc. and Morningstar, Inc.
Morningstar Research, Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $200 billion in assets under advisement and management as of Dec. 31, 2016. The company has operations in 27 countries.
About the Morningstar Investment Management Group
The Morningstar Investment Management group, through its 10 investment advisory subsidiaries, creates custom investment solutions that combine award-winning research and global resources with proprietary Morningstar data. With more than US$200 billion in assets under advisement and management at Dec. 31, 2016, the Morningstar Investment Management group provides comprehensive retirement, investment advisory and portfolio management services for financial institutions, plan sponsors and financial advisors around the world.
Morningstar Associates, Inc. is a registered portfolio manager with the securities commissions in 10 Canadian provinces and a wholly owned subsidiary of Morningstar Research, Inc.
For more information about Morningstar, visit global.morningstar.com.
Securities of the Bridgehouse Funds are available through registered dealers only and not available through Bridgehouse. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
This news release is for information purposes only.
SOURCE Bridgehouse Asset Managers
For further information: Media Contact: Elizabeth Hoyle, Chief Marketing Officer, Bridgehouse Asset Managers, 416.306.5670, [email protected]