FAQ

Client Profile

  • A: Our clients include individual investors, corporations, endowment funds, charitable foundations, estates and trusts, and retirement funds.

  • A: Our minimum account size is 400 thousand dollars.

Client Access Protection

  • A: BCV Asset Management only offers its portfolios in segregated accounts at one of our custodians- National Bank Independent Network (a division of National Bank Financial Inc.) or Credential Securities Inc. We never employ pooled funds or mutual funds in any of our portfolios.

  • A: BCV Asset Management holds client portfolios in the name of the client at National Bank Independent Network (a division of National Bank Financial Inc.) or Credential Securities Inc. We never take possession of client securities and we never handle any client cash.

  • A: BCV Asset Management has the authority to execute and/or settle buy and sell transactions within client accounts at National Bank Independent Network (a division of National Bank Financial Inc.) or Credential Securities Inc.

  • A: BCV Asset Management has no authority to move cash or securities from the client account at National Bank Independent Network (a division of National Bank Financial Inc.) or Credential Securities Inc.

  • A: BCV Asset Management, National Bank Independent Network (a division of National Bank Financial Inc.), and Credential Securities Inc. provide reporting on the portfolio and all transactions. The custodians, National Bank Independent Network (a division of National Bank Financial Inc.) and Credential Securities Inc., report all purchase and sale transactions to a client as they occur and provide a monthly statement which reports portfolio holdings, along with purchase and sale transactions, interest and dividend income and other account activity during the month. BCV Asset Management provides quarterly reporting which incorporates the same information provided by the custodians and extends that information by reporting performance.

Management Fees

  • A: Management Fees are calculated based on the Market Value of the assets at the end of each calendar quarter and the agreed Management Fee Rate.

  • A: BCV Asset Management manages client investment portfolios on a discretionary basis. This process starts with preparation of an Investment Policy Statement, which describes Investment Objectives, Income Requirements, Tax Considerations, and Other Investment Considerations. Based on the parameters in the Investment Policy Statement, a portfolio of stocks, bonds and short-term investments is designed. The portfolio is purchased and is subject to continuous monitoring to ensure that it is consistent with both the Investment Policy Statement and any other expectations of the investor.

  • A: BCV Asset Management does not receive any brokerage commissions, sales incentives or other benefits from any company. Our only source of revenue is the Management Fee ensuring that the greatest source of conflicts of interest has been removed from the relationship.

Investment Philosophy and Style

  • A: BCV Asset Management follows a conservative investment philosophy, focusing on blue chip value investments. We perform original and exhaustive research and only invest in companies that we believe have earnings stability, financial strength, and dividend growth potential. We combine these companies into a well-diversified portfolio.

  • A: BCV Asset Management follows a long-term buy and hold philosophy. We will sell companies only when our opinion of the earnings stability, financial strength and dividend growth potential of a company becomes unfavorable. We do not sell companies based on short-term market fluctuations.

  • A: An Investment Policy Statement is a document that is agreed between the investor and BCV Asset Management at the start of the relationship and is reviewed on an annual basis. The Investment Policy Statement allows the investor to describe Investment Objectives, Income Requirements, Tax Considerations, and Other Investment Considerations that will be used by BCV Asset Management to guide the creation and ongoing management of the portfolio.

Investment Management

  • A: A Portfolio Manager is a specialized investment professional who provides money management services. To be qualified as a Portfolio Manager, extensive academic and practical investment research experience is required. A Portfolio Manager will design and manage an investment portfolio that is consistent with the client’s financial goals, including long-term capital appreciation, current income requirements, risk tolerance, and tax minimization.

  • A: Investors may need the services of a Portfolio Manager if they are too busy to research and manage their own investments, if they are unable to earn a satisfactory return through their own efforts, or if they do not wish to manage their own investments

  • A: A Portfolio Manager is trained to manage an investor’s portfolio, not to sell or trade investment products.

  • A: A client portfolio is always managed by one of BCV Asset Management’s registered Portfolio Managers. All of our Portfolio Managers are part of the Investment Committee, which is responsible for investment analysis and portfolio management. This responsibility ensures a close relationship between BCV Asset Management’s investment process and an individual client’s unique requirements.

  • A: The Chartered Financial Analyst (CFA) designation is awarded by the CFA Institute of Charlottesville, Virginia. It is awarded to those individuals who have successfully completed three annual examinations conducted by the CFA Institute and have a number of years of practical experience in economic analysis, investment analysis and portfolio management. The principals of BCV Asset Management believe that the CFA designation is the preeminent professional designation for investment analysts and portfolio managers