Investment Philosophy: Investing in Growth Companies
Peter Frost looks for a long investment horizon and shares his philosophy for investing in companies that are committed to rewarding their shareholders with above average dividend growth.
The AGF Balanced Growth Strategy invests in Canadian, U.S. and International equities and seeks to provide diversified fixed income exposure with solid risk management. It is designed to participate in rising equity markets while providing solid downside protection.
Asset mix decisions are determined by a relative valuation and return approach. Asset class weightings in the portfolio are derived from bottom-up security selection and the perceived return attractiveness of each asset category over the subsequent 12 month period.
For equity securities, a bottom-up quantitative and qualitative approach is used to identify companies with strong balance sheets, growing and consistent dividend stream at reasonable valuations. For fixed income securities, top-down fundamental analysis is used to anticipate changes in interest rates and currencies. The portfolio’s fixed income approach looks for suitable securities offering the highest yield for the least term. The portfolio manager is supported by AGF’s experienced North American Equity and Fixed Income Teams.
The strategy has a defined risk management approach to ensure downside protection. Currency hedging is employed within the strategy to minimize currency risks.
Overall Investment Process: Bottom-Up Security Selection
Get an overview of Peter Frost’s asset mix process as he highlights macro factors, asset class analysis, portfolio construction and risk management.
Fixed Income Process: A Relative Value Approach
Peter Frost explains how his fixed income philosophy looks for the highest return with the shortest term risk over time.
Equity Process: Looking for Consistent Dividend Growth
Learn about Peter Frost’s equity process as he discusses screening for liquidity, dividend growth patterns, qualitative assessments, portfolio construction and monitoring risk.