TII Balanced

return 2% more than the highest-paying GIC

This portfolio was launched in September 2011 with the goal of combining above-average cash flow with reasonable risk. The initial portfolio valuation was $25,027.75, and the target was to achieve a return that at least matched the best available five-year GIC rate plus two percentage points.

It was not a good six months for this balanced portfolio. All but one of our components lost value, with Cineplex suffering the greatest setback. Overall, we were down 3.9% for the period. That dropped our total return since inception to 59.1%.

That’s disappointing but the compound annual growth rate since the portfolio was launched in 2011 is still a respectable 8%, which remains well in excess of our target.

Previous updates

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