GFI’s customized portfolios are built to meet the unique needs of our clients.

GFI works closely with each client to develop a customized asset allocation strategy that reflects risk tolerance, time horizon, and other factors deemed important to that client’s financial success.

The result is a diversified portfolio typically invested in 15 to 25 core holdings, including equities and fixed income investments.

GFI remains in contact with our clients on an ongoing basis.  This ensures that client portfolios are always aligned with their changing needs and goals.

Client funds are held with third-party custodians. This allows GFI to provide all necessary services that benefit our clients, such as direct deposit and withdrawals and comprehensive tax documentation. National Bank Independent Network is our prime custodian, but we are happy to work with a custodian of your choice.

Performance (September 30, 2019)

The following are the historical performance summaries of GFI Investment Counsel’s Customized investment management. See below for full disclosure regarding our model portfolios.

Portfolio***** YTD 1 year 3 year* 5 year* 10 year* Since Inception** 2018 2017 2016
Equity 28.9% 15.6% 18.3% 17.9% N/A 17.2% -0.2% 22.5% 10.3%
Growth*** 22.2% 12.9% 13.9% 13.3% 13.7% 10.3% -0.1% 17.3% 8.5%
Balanced 17.9% 11.2% 10.9% 10.5% 10.4% 8.3% 0.3% 13.1% 6.9%
Income**** 13.2% 8.4% 7.4% 7.1% N/A 7.7% -0.9% 9.6% 5.3%

*Annualized
**Equity inception is April 29, 2011. Growth and Balanced inception is January 31, 2005. Income inception is January 29, 2010.
*** Named Equity Balanced prior to 9/29/2019
****Named Fixed Income Balanced prior to 9/29/2019
*****Please see below for full performance details

Fees

Invested Capital Fee Structure

$0 – $2,000,000 1.35%
$2,000,000 – $5,000,000 1.00%
$5,000,000 – $20,000,000 0.75%
Over $20,000,000 0.60%

*Fees may be tax deductible


1. Equity portfolios include all managed accounts with 100% equity holdings.
2. Growth  portfolios include all customized investment management with equity holdings of 61% to 80% of total assets.
3. Balanced portfolios include all customized investment management with equity holdings of 41% to 60% of total assets.
4. Income portfolios include all customized investment management with equity holdings of 21% to 40% of total assets.
5. All equity composites over $200,000 managed on a discretionary basis within GFI Investment Counsel are included in performance figures.
6. All growth, balanced, and income composites over $500,000 managed on a discretionary basis within GFI Investment Counsel are included in performance figures.
7. Composites do not utilize leverage.
8. Composites are net of all fees.
9. A fee schedule is available upon request.
10. The exchange rate used to convert non-Canadian holdings is the rate supplied by our custodian at quarter end.
11. GFI Investment Counsel’s investment style most closely resembles value investing.
12. Each portfolio’s inception date is determined by the date at which discretionary management originated.
13. All figures are quoted in Canadian dollars.
14. Performance figures are asset weighted.
15. Non-resident taxes are added back, where applicable.
16. GFI Investment Counsel received its license to operate from the Ontario Securities Commission in July of 2007.
17. All returns calculated prior to July, 2007 were based on accounts managed by Daniel Goodman, CFA, (continually) while an Investment Industry Regulatory Organization of Canada (IIROC) licensed portfolio manager.

“There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of
the newscasters. Sell a stock because the company’ s fundamentals deteriorate, not because the sky is falling.”

- Peter Lynch