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Portfolio Checkup

Video: Teacher’s resource-heavy portfolio needs lesson in diversification Add to ...

This week's patient isn't seeing much growth in her portfolio, and is sick of seeing small losses or zero growth in her statements. Rob Carrick, the Globe's personal finance columnist and Rona Birenbaum, Queensbury Strategies investment adviser, offer their expertise

The Directionless portfolio

The Question: I don’t see much growth - is that normal? I’m getting tired of seeing small losses or zero growth in my statements.
Assessment: This portfolio has too much risk, too many funds and too much exposure to resources. More diversification is need both within the Canadian market and globally.

More Related to this Story

Age: 36
Occupation: teacher
Annual Income: $80,000
Level of investment knowledge: medium
Portfolio size: $75,000
Pension: Yes

Portfolio Notes

-Has an adviser
-Assets spread out over four personal accounts at the same firm (registered and non-reg)

Asset mix:

Bonds                                      29%
Stocks                                     16%
Balanced                                 31%
Sector/Specialty                      24%

-Holdings:

  • IA Clarington Cdn Conservative Equity
  • CI Signature Diversified Yield
  • AGF Precious Metals
  • Dynamic Precious Metals
  • Front St. Small Cap
  • Mackenzie Sentinel Stategic Income
  • Bissett Energy
  • Sentry Precious Metals
  • BMO Guardian Global Strategic Bond
  • Dynamic Strategic Yield
  • Dymamic Strategic Gold

 

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