Jay is a registered Portfolio Manager with Fieldhouse. He brings 20+ years of client-facing experience having honed his progressive career with Royal Trust, MD Management Ltd., Phillips Hager & North Investment Management Ltd. and most recently, the ATB Investment Management Inc. in Alberta.
Desiring to create a worthwhile alternative for investors has lead to the design and launch of the performance-accountable “Oasis Fund”.
The Oasis Model is intended as a core holding for risk-tolerant investors seeking consistent long-term growth plus a stream of growing income as generated from ownership in a focused portfolio of high quality Canadian-based businesses.
Our belief is that for most mandates, bonds have no place in a long-term growth model. Capital growth and income growth will best be realized by taking ownership in assets.
We believe that investors will be best served with a portfolio of sector-diversified, mid and large cap, premium Canadian stocks with international business models.
In the Model, all the securities are equal-weighted because even great businesses will struggle from time to time. That’s why we periodically rebalance the entire portfolio. Buy low, sell high.
We espouse buy and hold because we don’t believe that we are able to outsmart the markets with short term trading strategies. The Oasis Model believes in buying quality companies and allowing their executive teams to manage their respective businesses. Low turnover also diminishes unnecessary costs.
Although moderation of volatility is not an objective, the manner in which the model is constructed and managed has built-in natural stabilizing effects. None-the-less, periodically, we purchase PUT option to insure against steep market declines.
Finally, and most importantly, the “Oasis” model is one of accountability to investors. We see this is a responsible approach that places the interests of the investor ahead of that of the advisor. As the portfolio manager, I share in the risks of under-performance.
We believe that the Oasis model of portfolio management is truly a unique blend of best practices.