Greg Flower Wealth Management. Discretionary Wealth Management

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1 Greg Flower Wealth Management Discretionary Wealth Management

2 Disclaimer The information included in this document, including any opinion, is based on various sources believed to be reliable, but its accuracy and completeness is not guaranteed and Leede Financial Markets Inc. does not assume any liability in providing it. The information provided is current as of the date appearing on the document and Leede Financial Markets Inc. does not assume any obligation to update the information or give a description of further developments relating to the securities or material discussed. It is for information only, is subject to change at any time, and does not constitute an offer or solicitation to buy or sell any securities referred to. The information presented here and any financial service being offered is directed only at persons who are residents of a Canadian province or territory where Leede Financial Markets Inc. is licensed. Leede Financial Markets Inc. is not permitted to recommend buying, selling or holding securities of any issuer to which it is related, and in the course of a distribution, to which it is connected, unless it makes a complete statement of its relationship, if any. Leede Financial Markets Inc. is not permitted to recommend buying of any secondary market securities of an issuer for whom it is actively engaged as an underwriter of a new issue. Leede Financial Markets Inc., their affiliates, directors, officers, and employees may buy, sell, or hold a position in securities of a company mentioned herein, its affiliates or subsidiaries, and may also perform financial advisory services, investment banking or other services for, or have lending or other credit relationships with the same. Directors, officers or employees of Leede Financial Markets Inc. may serve as directors of any company mentioned herein, its affiliates or subsidiaries. Leede Financial Markets Inc Member CIPF and IIROC. Not all securities are suitable for every investor. If any of the securities interests you, please feel free to contact Greg Flower at The comments and opinions expressed herein reflect the personal views of Greg Flower. They may differ from the opinions of Leede Financial Markets Inc. and should not be considered representative of the research beliefs, opinions or recommendations of Leede Financial Markets Inc.

3 GFWM PHILOSOPHY and RISK MANAGMENT Process finds Good Companies at Good Value at the Right Time Tactical Asset Allocation using Relative Strength Indicators Use of a Covered Call Strategy A multitude of other options strategies designed to reduce risk in the portfolio *Risk management is a conservative and disciplined process that provides for long-term capital preservation. Combined with other investment strategies the clients ultimate long-term goals can be met..

4 Tactical Asset Allocation Equity Action Call Navigating the Bull & Bear Market Cycles 1. Bear Market Indicator January 10, Bear Market Indicator Aug 4, 2011 Red Go to Defense Yellow Stick with Relatively strong sectors and stocks Green Go to Offense

5 Tactical Asset Allocation Current Equity Call

6 (2008) Moved to Cash on Jan.10, 2008 (2009) Moved to Equities on May 4, 2009 (2011) Moved to Cash on Aug.4, 2011 (2012) Moved to Equities on Jan.10, 2012 Average Annual Ranking Asset Allocation Model Asset Class Transitions 6 Major Asset before Class Transitions (U.S. (CAD (Cash) (Int l Equity Equities) over Equity) favored) past 9 years

7 Tactical Asset Allocation Current Asset Allocation Call

8 Finding Good Companies at Good Value at the Right Time Buy Process - GFWM STOCK UNIVERSE Qualitative Screens (Good Companies) Quantitative Screens (Good Value) Purchased Private Research Other Financial Institution Research GFWM P/E P/G P/Book P/Sales P/Free Cash Flow ROE Debt/Equity Gross Margin Earnings Momentum

9 Finding Good Companies at Good Value at the Right Time Buy Process - GFWM Technical Screens (Right Time) Macro Market Equity vs. Bonds vs. Cash Sector Company Potential Buy Candidates Process designed to find good companies at good value purchased at the right time.

10 Finding Good Companies at Good Value at the Right Time Right Time?

11 The Covered Call Strategy Enhancing Portfolio Returns and Mitigating the Risk of Equity Exposure

12 Sell Discipline Sell a company when any of the above fundamental and/or technical criteria are no longer met and the risk outweighs the potential reward If the size of the position becomes too large, relative to the rest of the portfolio Capital would best be moved to another sector/security that has a better risk/reward relationship Profits need to be captured This disciplined investment process increases consistency of returns by taking emotion out of the buy/sell decision.

13 Value Added Top Down Macro Analysis Asset Allocation Decision Bottom Up Security Selection Good Value at the Right Time Daily monitoring and Risk Management Tax Planning we can work directly with your accountant Financial Planning Lets achieve your goals Consolidated Quarterly Reports including performance Periodic communications and meetings tailored to your needs Annual update meeting

14 COMPENSATION Portfolio Management Fees: Are calculated as a percentage of the market value of the portfolio Are assessed monthly in arrears Are deductible for income tax purposes as an investment counsel fee (discuss with your accountant) Are subject to GST There are no other fees such as transaction fees, swap fees or RRSP trustee fees Fee Schedule Combined Account Size %_ After Tax Mutual Funds not deductible < $500, % 1.2% % $500,000 $1,000, % 1.05% % $1,000,001 $2,000, %.90% % $2,000,001 - $3,000, %.75% % Greater than $3,000, %.6% %

15 The Team Portfolio Management and Administration Greg Flower Senior Vice President Portfolio Management Brenda Asplund Wealth Management Associate Gordon Wiebe Investment Advisor Portfolio Review Committee Bob Blais Portfolio Manager Angie Soutar, Compliance Wayne Workun Calgary Branch Manager Charles Laddish Designated Registered Options Principal

16 Greg Flower Wealth Management Discretionary Wealth Management