Specialized Investment Expertise

Transcription

1 Specialized Investment Expertise

2 Complexity is the new normal With increasing complexity in today s financial landscape, you need to be sure that your investment portfolio is built for protection and wealth enhancement. Is your portfolio equipped with the right investment expertise? Have you hired the best specialists? How do you ensure that your investments are strategically tailored and positioned to benefit from the knowledge and experience of some of the best investment experts? Select the right team for the job. Accessing and selecting best-in-class investment managers and monitoring their performance is critical. How these managers come together and complement each other in your portfolio is just as important. Generalist THE SPECIALIST MODEL: Doesn t your portfolio deserve the same treatment? Your family doctor might have a broad understanding of basic ailments, but for more specific or complex conditions, you re likely referred to one or more specialists. For instance, heart surgery would likely require you to see a cardiologist, an anesthesiologist, a cardiothoracic surgeon, as well as a physiotherapist for postoperative care and rehabilitation. You couldn t get all this from your general practitioner. General Practitioner Specialist Anesthesiologist Cardiologist Dietician Neurologist Ophthalmologist Orthopedist Physiotherapist Surgeon

3 Our open architecture philosophy CIBC Axiom Portfolios are constructed from underlying investment pools built on our philosophy of an open architecture investment manager platform and a specialist model. While most investment firms have specific areas of expertise, our open architecture allows us to bring together some of the highest-calibre independent and specialized experts from around the world. Our platform allows us to diversify risk and fill very specific roles with some of the best managers across asset classes, geographic regions and investment styles. You can be assured of the knowledge and expertise managing each element of your portfolio. These investment managers are strategically combined to help you meet your portfolio objectives. 15 Hand-picked global investment management firms $1.5 trillion+ Assets under management worldwide 150+ Investment management professionals working for you To select the best, you have to meet the rest Our Investment Management Research (IMR) team looks to create value for your portfolio through the relentless pursuit of skilled investment managers from around the globe. The team identifies skilled managers by using a comprehensive proprietary process to evaluate managers. A key element of this process is the understanding of how an investment manager s portfolio characteristics produced by their investment style, are rewarded in different market conditions. This enables IMR to evaluate a manager more specifically on their investment skill. Selecting and combining investment managers with complementary styles allows for better diversification and the potential of a more consistent long-term pattern of outperformance. IMR Research Process IDENTIFY STEP 01 UNDERSTAND STEP 02 RANK Analyze managers based on key investment style factors Research manager skill and executional capabilities focused on specific categories Evaluate and rank each manager according to best practice standards STEP 03

4 THE PRINCIPLE OF WISDOM CIBC Axiom Portfolios offer the wisdom of proven portfolio managers from around the globe, each with specialized investment expertise. American Century Investment Management, Inc. (AMERICAN CENTURY) Established in 1958 and headquartered in Kansas City, Missouri, American Century is a privately held firm that provides fiduciary investment management services to institutional and individual clients. The firm s actively-managed institutional investment strategies are designed to produce superior risk-adjusted returns. The firm s goal is to construct a portfolio of non-u.s. stocks that are experiencing accelerating growth and are believed to be sustainable over time. Its philosophy of growth investing centres on the belief that accelerating growth in earnings and revenues, rather than the absolute level of growth, is more highly correlated to stock price performance. Brandywine Global Investment Management, LLC (BRANDYWINE GLOBAL) Brandywine Global is a wholly-owned independent subsidiary of the global asset management holding firm Legg Mason, Inc. The firm offers an array of equity, fixed income and balanced portfolios investing in U.S., international and global markets. Through in-depth research and practical experience, Brandywine Global believes that value investing can potentially provide excellent risk-adjusted returns over full investment cycles. Causeway Capital Management LLC (CAUSEWAY) Founded in 2001, Causeway is an investment firm wholly-owned by its employees, based in Los Angeles, California. Causeway manages assets in global, international, emerging market and absolute return equities for a variety of clients. The firm s strategy focuses on active investment management with a bottom-up approach to stock selection.

5 CIBC Asset Management (CAM) CAM is one of Canada s leading investment managers with one of Canada s broadest platforms. CAM s investment philosophy centres around providing clients with strong added value that corresponds to their risk/return profile. CAM believes in depth of research, coordination and teamwork between groups to achieve this. As an innovator in developing new portfolio solutions that correspond to and anticipate changing client needs, CAM offers a broad product range, spanning many asset classes. Cornerstone Capital Management, Inc. (CORNERSTONE) Established in 1992, Cornerstone is a Minneapolis-based global investment and financial advisory firm for institutions and private clients. The company is a values-driven, customer-centric organization operating at the highest levels of professionalism and integrity, seeking to consistently deliver superior investment performance. Federated Investment Counseling (FEDERATED) Federated is a multi-disciplinary investment management firm, founded in In addition to its Pittsburgh head office, the firm has office locations in Boston, New York, Frankfurt and London. Federated Investors and its subsidiaries manage funds invested in U.S. and international equity, fixed income and money market asset classes. The firm offers depth and breadth in its selection of products to meet the needs of virtually any client. Harding Loevner, LP (HARDING LOEVNER) Harding Loevner was established in 1989 by former global investment managers for the Rockefeller family, with the goal of managing equity portfolios using a genuinely global research perspective. It offers five equity strategies Global Equity, International Equity, Emerging Markets Equity, Frontier Emerging Markets Equity, and International Small Companies. The firm serves a global client base from its office in Bridgewater, New Jersey.

6 INTECH Investment Management LLC (INTECH) INTECH s unique investment process is based on a mathematical theorem that attempts to capitalize on the random nature of stock-price movements. The firm applies a highly-disciplined investment process using a number of systems that were developed by and remain proprietary to INTECH. The firm has one of the industry s longer continuous records of mathematically-driven equity investing strategies. J.P. Morgan Asset Management (Canada) Inc. (JPMORGAN) JPMorgan belongs to a group of companies operating under the name of J.P. Morgan Asset Management ( JPMAM ). JPMAM is the brand name of the global group of asset management companies belonging to JPMorgan Chase & Co. JPMorgan Chase & Co. is the ultimate parent company of JPMorgan. Founded in 1871 and led by J. Pierpont Morgan, JPMorgan Chase & Co. was created as a financial services institution capable of delivering an extensive range of products and services to our clients. The first bank to eventually become part of JPMorgan Chase, the Bank of the Manhattan Company, was established in The British-based investment bank that was acquired in 2000 by Chase Manhattan, Robert Fleming Holdings Ltd., was established in Metropolitan West Capital Management, LLC. (MWCM) MWCM is a boutique investment firm, founded in 1997, that is majority owned by Wells Fargo & Company. Its process seeks to minimize risk and optimize long-term returns by first identifying high-quality companies, often with market capitalizations in excess of $2 billion. The firm s approach is driven by fundamental company research from a global perspective, utilizing a long-term focus that takes advantage of opportunities presented by short-term anomalies in high-quality businesses. What distinguishes MWCM s approach to value investing is that it looks at quality first and valuation second, before identifying the catalysts that will ultimately unlock value. The firm s disciplined approach to portfolio construction ensures diversification by sector, economic cyclicality and interest-rate sensitivity, serving to reduce volatility. Pzena Investment Management, LLC (PZENA) Pzena is an independent investment management firm that employs a classic value investment approach. The firm began managing assets on January 1, 1996 and manages assets for leading endowments, foundations, pension plans and individual investors. The firm is headquartered in New York City, with a representative office for Business Development and Client Services located in Melbourne, Australia.

7 RS Investment Management Co. LLC (RS INVESTMENTS) Founded in 1986 as the money management arm of Robertson Stephens & Company, RS Investments is a research-driven investment management firm. Headquartered in San Francisco with offices in New York City; Des Moines, IA; London; Hong Kong; and Singapore, RS Investments offers a core spectrum of investment solutions including wealth creation and preservation strategies to meet the diverse needs of its clients. Sustainable Growth Advisers, LP (SUSTAINABLE GROWTH) Sustainable Growth, a firm wholly owned by its principals and staff, provides investment advice to institutional and individual clients, private investment companies and mutual funds. The firm believes it is possible to generate high relative returns with low relative risk by investing for the long term in the best businesses at reasonable prices. Sustainable Growth focuses only on those few low-risk businesses that offer predictable, sustainable earnings and cash-flow growth over the long term. WCM Investment Management (WCM) WCM is an independent, employee-owned asset management firm located in Laguna Beach. The principal owners of the firm are Paul Black, Kurt Winrich, Sloane Payne, Pete Hunkel, Mike Trigg, James Owens, and David Brewer. The remainder of the firm ownership is spread among other employees, providing all with a stake in the firm s success. WCM has worked hard to build and maintain an organization that nurtures excellence and innovation. To this end, WCM has kept head-count low, controlled asset growth, aligned employee incentives with clients long-term goals, and vigorously protected its employee-owned status. WCM is a profitable, financially sound investment company with no debt. Wellington Management Canada LLC (WELLINGTON) Wellington is an employee-owned private firm. Wellington s professionals operate within teams. Each focuses on specific investment approaches and conducts research within their own area of expertise, which is shared across teams. The firm covers global equity and fixed income markets and includes multi-strategy, specialty and alternative investment approaches, each with a wellarticulated investment philosophy and process. The firm s most distinctive strength is its proprietary, independent research.

8 Choose from any of our 4 portfolio options: CIBC Axiom Capital Preservation Portfolio CIBC Axiom Conservative Portfolio CIBC Axiom Balanced Portfolio CIBC Axiom Growth Portfolio Benefit from the advantages of open architecture. For more information on CIBC Axiom Portfolios and the knowledge and experience of its leading global investment specialists, please contact your Relationship Manager. The information provided herein is believed to be reliable at the time of publication but neither CIBC Bank and Trust Company (Cayman) Limited nor its affiliates guarantee its accuracy or completeness. This material was prepared for investment professionals only and is not for public distribution. It is for informational purposes only and is not intended to convey investment, legal or tax advice. This material and/or its contents may not be reproduced without the express written consent of CIBC Bank and Trust Company (Cayman) Limited. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the CIBC Private Client Fund prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. CIBC Axiom Portfolios are offered by CIBC Bank and Trust Company (Cayman) Limited. CIBC Bank and Trust Company (Cayman) Limited is a subsidiary of Canadian Imperial Bank of Commerce. Website: (10/15)