Investment Management

Kerr Financial Advisors Inc (KFA) is a Registered Portfolio Manager with a fiduciary duty to act in the best interest of our clients without conflict. We believe in a disciplined focus on long term objectives, diversification across asset classes, geographies, sectors and companies and in building portfolios with a multi manager approach focusing on selecting best in class investment managers with complementary investment styles.

With over 25 years of experience managing portfolios for high-net-worth individuals and family offices, our team of investment counselors hold the Chartered Financial Analyst (CFA) and/or Chartered Investment Manager (CIM) designation and are part of our Investment Committee. The group meets regularly to inform portfolio positioning given economic and market conditions and to approve manager selection.

Investment Management

Kerr Financial Advisors Inc (KFA) is a Registered Portfolio Manager with a fiduciary duty to act in the best interest of our clients without conflict. We believe in a disciplined focus on long term objectives, diversification across asset classes, geographies, sectors and companies and in building portfolios with a multi manager approach focusing on selecting best in class investment managers with complementary investment styles.

With over 25 years of experience managing portfolios for high-net-worth individuals and family offices, our team of investment counselors hold the Chartered Financial Analyst (CFA) and/or Chartered Investment Manager (CIM) designation and are part of our Investment Committee. The group meets regularly to inform portfolio positioning given economic and market conditions and to approve manager selection.

A customized multi-manager approach with access to leading institutional high-net worth managers.

We believe in the benefits of incorporating leading specialty managers that complement one another to give the best risk adjusted returns. Depending on the portfolio size, portfolio objectives, tax considerations, and preferences, this can be achieved though customized individual segregated accounts or through our multi-manager pooled fund program.

Through our rigorous KFA Investment Process, we take the time to develop an individually tailored investment portfolio and plan—one that incorporates a full knowledge of your financial goals and resources, ensures that your assets are most tax-effectively structured and managed, and provides access to best in class institutional investment managers.

KFA Investment Process

1
Discovery: We use a proprietary Investment Policy Statement process and leverage third party psychometric questionnaire analysis, allowing us to deeply understand your return objectives, risk tolerance, liquidity requirements and any other unique constraints.
2
Review of existing portfolio: We review your current portfolio and overall approach as it compares to your specific risk tolerance and objectives. We also assess the current tax optimization of your portfolio, leveraging the team of qualified tax experts and professionals in our related companies.
3
Investment manager selection: With a clear understanding of your risk profile and investment objectives, we craft an individually tailored portfolio of suitable investment strategies that draws upon an opportunity set of leading specialty managers to provide diversification by asset class, management style, sector and country selection.
4
Measurement and reporting: In addition to monthly reporting provided by our custodians, KFA delivers quarterly reporting and evaluation via consolidated reports that compare your performance with relevant benchmarks. We also assess your portfolio annually and review it with the tax and financial advisors in our related companies where appropriate to identify changes in your circumstances and tax planning opportunities (should they arise).
5
Tactical shifts and adjustments: as market and economic conditions change, or as new investment goals are identified, portfolio shifts and tilts within your strategic framework will be discussed as deemed necessary or opportune – all in accordance with effective and timely communication.

A rigorous due diligence selection approach

All sub-advisors added to our investment platform are vetted through a rigorous selection process that includes third-party institutional attribution analysis to identify the manager’s unique investment approach, history of adhering to their stated investment style, proven risk controls and return prospects relative to peers. This same rigorous approach helps us to remove managers who may lose their direction. Depending on the portfolio size, portfolio objectives, tax considerations and preferences, our advisors select suitable strategies with through individual segregated accounts or through our private multi-manager KFA Pooled Funds. The KFA Pooled Funds are for use exclusively in KFA’s client accounts and are provided among our investment strategies to allow access to the expertise of the underlying investment managers. To the extent they are suitable in your investment plan, your KFA investment advisor will review them with you.

KFA Balanced Pooled Fund: A single manager balanced fund with the objectives of generating regular income and achieving moderate capital growth. The Fund is fully diversified across Canadian fixed income securities, as well as North American and International Equities.
KFA Multi-Manager Fixed Income Fund: The Fund’s objective is to provide both security of capital and to generate a regular income stream. Returns are expected to consist primarily of interest income, with modest capital appreciation over the long term. The Fund’s investments will be primarily high-quality fixed income securities issued by Canadian governments, and Canadian and foreign multi-national corporations. The Fund’s sub-advisors are mandated to strive to achieve above-market risk-adjusted long-term total returns in the Canadian fixed-income markets, with an allowance for global bond exposure, while maintaining a high degree of diligence on mitigating duration and credit risk. The Fund is suitable as a core fixed income holding for conservative investors, as well as part of a diversified portfolio strategy.
KFA Multi-Manager Canadian Equity Fund: The Fund invests primarily in a broad range of Canadian equity securities with the objective of generating both long-term capital growth and high-quality, sustainable dividends. Core holdings include high quality, Canadian large-cap equities from diverse economic sectors, but the Fund may also hold up to 45% in small and mid-cap equities. The Fund allocates capital amongst independently managed funds, exchange-traded funds and individual securities with complementary investment styles to reduce volatility as well as enhance returns relative to the broad Canadian equity market.
KFA Multi-Manager Global Equity Fund: The Fund’s objective is long-term capital appreciation. It invests primarily in equity and equity-related securities of established large-cap companies throughout the world that exhibit strong dividends and/or attractive risk-adjusted returns. With its non-Canadian focus, the Fund focuses primarily on developed global equities with a small allocation to emerging market equities. The Fund applies diverse proven investment themes through designated specialty sub-advisors. Additional value may be added through the application of tactical ETF overlays. The Fund is intended to provide access to a wider set of equity markets outside Canada, allowing its sub-advisors to seek the best global opportunities. The Fund complements Canadian-focused portfolios by enhancing diversification through increased geographic and currency exposure. The sub-advisors may, at their discretion, employ an active currency hedging program up to 50% of their U.S. dollar exposure. At the current time no managers are using currency hedging.