CALGARY, June 4 /CNW/ - McLean and Partners Wealth Management, which
manages over $1 billion on behalf of 550 high net worth families, is scouring
the world for its investment picks. It offers three private investment pools
for investors seeking the benefits of global dividend growth stocks.
The three new private pools cover three distinct mandates. Global
Dividend Growth, International Equities, and Global Balanced.
Brent McLean, President and CEO, says that he has built his career and
business on the simple principle of the benefits of dividend growth stocks.
"Investors understand the benefit of a growing stream of dividend income.
Dividend growth stocks historically enjoy less volatility than the market as
these stocks tend to have lower betas, which is a measure of a stock's
volatility in relation to the market. This caliber of stock has also proven to
outperform the market not only in Canada, but in most major markets
And that is where McLean and Partners is buying. The firm owns 35 stocks
on behalf of its clients, and nearly half of them are outside of Canada. "Our
focus is global, and today we just happen to see significantly better
opportunities abroad than in our own back yard," he says.
McLean & Partners does the majority of its international investing
directly into the foreign markets, as opposed to relying on the American
Depository Receipts (ADR) marketplace. "There are only 430 foreign stocks
listed as ADR's, which significantly reduces the opportunity set for the
average investor," McLean says. "By accessing foreign stocks direct on their
home exchanges we significantly expand our opportunity set, and reduce the
transaction fees to the client."
For example, one of the firm's picks, Telenor, is a Norwegian
telecommunications company, offering their services throughout Scandinavia,
Ukraine, Bangladesh, Malaysia, Thailand, Pakistan and Russia. The stock has
recently been trading at 14 times next year's earnings, and has grown its
dividend at over 53% compounded annually over the last five years.
McLean & Partners portfolio of global dividend growth stocks has on
average been increasing its dividends by over 19% per year. "Our rate of
return has provided significant inflation protection, which is highly sought
after by affluent investors who want to protect both their capital and their
future purchasing power," he says.
McLean has been advising clients for over a quarter century. "It all
began in 1992 when I began tracking our clients' success in the dividend
growth stocks we recommended. Over the years the success we had with this
investing discipline provided a great foundation as we expanded
The private pools, McLean says, "compliment the segregated portfolio
services our firm offers, and now opens the door to more investors. While our
segregated portfolio services are limited to $3 million and up, investors can
now access the same global dividend growth strategies with $1 million."
For further information:
For further information: Russ MacKay, Business Development, (403)