November 2018 Report

SIC Multi Asset Institutional Composite November 2018 Year to Date SIC Institutional 1.6% -1.0% Benchmark* 1.5% 0.8% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI After enduring a drubbing in...

October 2018 Report

SIC Multi Asset Institutional Composite October 2018 Year to Date SIC Institutional -4.5% -2.5% Benchmark* -3.9% -0.6% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Global equity returns were hit...

SIC Investment Outlook for Q4 2018

Preparing for a Tough Environment We are cautious on the outlook for equities and have begun to reduce our exposure to the US stock market.  For the year to date, the S&P 500 Index has significantly outperformed other developed markets.  The bulk of this...

September 2018 Report

SIC Multi Asset Institutional Composite   September 2018 Year to Date SIC Institutional -1.0% 2.0% Benchmark* -0.6% 3.3% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI   Returns in...

August 2018 Report

SIC Multi Asset Institutional Composite   August 2018 Year to Date SIC Institutional -0.5% 2.9% Benchmark* 0.5% 3.9% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI   The S&P 500 Index...

July 2018 Report

SIC Multi Asset Institutional Composite   July 2018 Year to Date SIC Institutional 1.3% 3.4% Benchmark* 0.8% 3.4%  * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI   Supported by robust Q2...

SIC Investment Outlook for Q3 2018

Ignoring the Rhetoric The Trump Administration’s heavy-handed approach to global trade spooked international markets and pro-cyclical sectors late in the second quarter.  Investors fretted over the possibility that trade tensions could slow economic growth in regions...

June 2018 Report

SIC Multi Asset Institutional Composite   June 2018 Year to Date SIC Institutional 0.3% 2.0% Benchmark* 1.1% 2.6% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI   The SIC Multi Asset...

May 2018 Report

SIC Multi Asset Institutional Composite   May 2018 Year to Date SIC Institutional 1.0% 1.7% Benchmark* 1.3% 1.4% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI   The SIC Institutional...

SIC Investment Outlook for Q2 2018

Staying Focused The performance of global capital markets in Q1 2018 was characterized by fear and controversy resulting in unprecedented volatility.  Wide price fluctuations across all major asset classes undermined investor confidence as fears of trade wars and...