Cutting Through the Noise
March 12, 2012
We are currently seeking candidates for a permanent, full-time operations position. As part of the role, the team member will process account applications and trade documents, manage the account transfer process, reconcile daily valuations, and take...
Read MoreFebruary 21, 2012
Yes, we’re introducing a new addition to our lineup - the Founders Fund. The fund is a balanced mix of our income and equity funds (it is a fund of funds) that best reflects my views on market fundamentals, valuation and ultimately asset mix. The fund’s...
Read MoreFebruary 20, 2012
We wrapped up our cross-country client presentations this month after visiting five cities and braving mother nature in all her winter glory. If you weren’t able to attend one of our sessions, we’ve produced a transcript of the event that hits on the key themes and...
Read MoreJanuary 11, 2012
From our Quarterly Report: It’s a remarkable time to be an investor. After decades of overspending in the Western world, we’re watching Europe melt down and the American empire decline faster than expected. The debt burden is slowing the world economy...
Read MoreDecember 15, 2011
Is it over yet? It was a rough year for the stock markets, as ugly economic headlines, debt problems, and political gridlock instilled fear in many investors. Bonds were once again the asset class of choice, despite their scrooge-like yields. Here at Steadyhand, we’re feeling a little merrier than the average investor – and it’s not just...
Read MoreNovember 28, 2011
The year-end distributions for all our funds (with the exception of the Savings Fund) will be declared on December 15th and paid on December 16th. The Savings Fund will pay its regularly-scheduled monthly distribution on December 31st. As a reminder...
Read MoreNovember 7, 2011
Exchange-traded funds (ETFs) are growing in popularity and with good reason. They’re simple, low cost, transparent and provide market-like returns. But … they’re not for everyone. In a newly published paper, we compare the experience of an ETF investor (Jake) to that of a Steadyhand client (Julie). We focus on four areas...
Read MoreOctober 31, 2011
We painfully announced last week that we’re raising the fee on four of our funds. [LINK to press release] This post provides some background. As our clients know, we have a unique and attractive fee structure. Our ‘One Simple Fee’ captures everything that we...
Read MoreOctober 21, 2011
We are currently seeking a Mutual Funds Administrator to work with us through the 2012 RRSP season. This is a temporary, part-time position that will last from November to March. Work hours will be roughly 9:00 AM to 1:00 PM, with some flexibility. For...
Read MoreSeptember 13, 2011
‘skin in the game’ … ‘eating our own cooking’ … ‘co-investment’ … ‘manager-client alignment’ … These are all phrases we use to describe our commitment to clients and the desire to have our interests closely aligned to theirs. This alignment takes many...
Read MoreApril 8, 2011
Tom was on BNN earlier today discussing how Steadyhand’s funds are positioned to tap into the global recovery and growth in the emerging markets. Unlike some managers, our approach isn’t focused on loading up on mining stocks and direct...
Read MoreMarch 23, 2011
If you drive by 3rd & Burrard in Vancouver, you’ll sometimes hear a loud reverberating sound coming from a stand-alone building nestled between the car dealerships and art galleries. Don’t be alarmed. It’s just us screaming our investment philosophy and industry observations from the rooftop. Some of our neighbours (and competitors) find it annoying, while other observers find it refreshing...
Read MoreJanuary 4, 2011
We asked our managers and select employees why they’re optimistic about the stock market in 2011. Let’s just say they had some unique perspectives. Click the link to watch the video...
Read MoreDecember 15, 2010
Although 2010 is coming to an end, we’re left with a lot to remember (and forget), including the Vancouver Olympics, the European debt problems, the vuvuzela, the iPad, the HST controversy in B.C., and the gloomy economic forecasts. While it was an eventful year in business, politics and sports, it was another busy and productive year in the shop as well. In this year's Holiday Letter, we reflect...
Read MoreDecember 10, 2010
We've compiled four years of Tom's articles and blogs into a new book titled It's Not Rocket Science: Plain-English Advice for Managing Your Investments. The pieces are short narratives that reinforce some of the basic, yet most important, principles of investing...
Read MoreNovember 29, 2010
The year-end distributions for all our funds (with the exception of the Savings Fund) will be declared on December 15th and paid on December 16th. The Savings Fund will pay its regularly-scheduled monthly distribution on December 31st. As a reminder...
Read MoreNovember 4, 2010
As I outlined in an earlier post, we feel that our fee reduction program is unique in rewarding clients who entrust more of their money with us, and who keep it with us for an extended time. In this posting, I’ll delve in to some of the gory details of how we...
Read MoreSeptember 30, 2010
It’s not very often that we get to say we’re #1 at anything, whether it be on a personal level or as an organization. In this regard, we’re having an unusual year. In June, Steadyhand was at the top of the list on Morningstar’s Stewardship Grades. In...
Read MoreJune 23, 2010
Last week I published our deliberations on whether to launch a client referral program. We had good response via the blog’s comments, email, and in person. In part this was because we asked for feedback, and in part it was because our clients were...
Read MoreJune 14, 2010
Everyone in the investment industry knows that summer is a slow time for opening new accounts. It's a given that we should accept that investors go on holiday and the last thing they want to think about is retirement planning, let alone the perceived headache...
Read MoreJune 1, 2010
I was having dinner with my dad the other night and we got on the topic of credit cards. We both have cards that reward us with air miles (in one form or another) for all our purchases. And importantly, we both pay our cards off each month. Somewhat proudly...
Read MoreFebruary 4, 2010
December 17, 2009
Dear clients, friends, and those who came across our company searching for a camcorder that doesn't shake: It was a memorable year for Steadyhand and Canadian investors. Following a disastrous 2008 in the equity markets, it looked as though the...
Read MoreDecember 11, 2009
A quick reminder that with the exception of the Savings Fund, the year-end distributions of all our funds will be calculated on December 15th and paid on December 16th. The distribution for the Savings Fund will be calculated on December 31st. Distributions...
Read MoreSeptember 23, 2009
A Steadyhand advertising campaign is starting today. It’s pretty extensive, but not all of you will see it. That’s because the magazine, newspaper, television and on-line ads are targeted at Southern Ontario (more on that later). I never thought we’d be advertising...
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