{"id":633,"date":"2021-11-01T16:00:29","date_gmt":"2021-11-01T20:00:29","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/?p=633"},"modified":"2021-12-02T16:22:48","modified_gmt":"2021-12-02T21:22:48","slug":"november-2021-update","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/2021\/11\/01\/november-2021-update\/","title":{"rendered":"November 2021 Update"},"content":{"rendered":"

Follow your honest convictions, and stay strong. \u2013 William Thackeray<\/em><\/p>\n

Markets rebounded strongly in October from the brief dip we saw last month, with each of the model portfolios finishing higher as well. The equity market in general looks to be firming up for a year-end rally, and we are positioned to capitalize on that. Already, nearly all of our stocks are leading the market into new highs. We remain optimistic.<\/p>\n

New Videos<\/strong><\/p>\n

https:\/\/www.youtube.com\/watch?v=3fGDJxLdQuk<\/a><\/p>\n

Portfolio Manager Ben Kizemchuk discusses the Small Cap Portfolio’s 65% gain over the last year, investing in new commodities, and why market seasonality points to a year-end rally.<\/p>\n

 <\/p>\n

Model Portfolio Highlights<\/strong><\/p>\n

Growth Portfolio<\/strong>
\nIn October we took some partial profits across a handful of long-standing positions to buy a small basket of more cyclical companies enjoying a strong recovery in earnings. Shifting to more cyclical exposure at this time helps us capitalize on a year-end rally.<\/p>\n

American Growth Portfolio<\/strong>
\nWe made no changes to the portfolio in October.<\/p>\n

Income Portfolio<\/strong>
\nWe made no changes to the portfolio in October.<\/p>\n

Small Cap Portfolio<\/strong>
\nIn October we took a significant profit on our largest holding, locking in a 70% gain achieved in five months. We purchased five new positions with the proceeds, maintaining a large weight in the materials sector. For more detail, please watch this month\u2019s video linked above.<\/p>\n

Across all portfolios I look for mispriced opportunities, considering only those with a significant margin of safety and minimal risk of permanent capital loss. After identifying such opportunities, patience is the most important factor in realizing our expected long term return.<\/p>\n

If you have any questions about your portfolio, financial planning or investments please be in touch. Click to book a meeting:\u00a0https:\/\/calendly.com\/bwk-wapw<\/a><\/p>\n

Thank you.<\/p>\n

Yours,<\/p>\n

Ben<\/p>\n

Ben W. Kizemchuk
\nPortfolio Manager & Investment Advisor
\nWellington-Altus Private Wealth\"\"<\/p>\n

Office: 416.369.3024
\nEmail: bwk@wprivate.ca<\/a>
\nBook a meeting<\/a><\/p>\n

Ben Kizemchuk offers full service wealth\u00a0management for high net worth Canadians including families, business owners, and successful professionals. Ben and his team provide\u00a0investment advice, financial planning, tax minimization strategies, and retirement planning.<\/p>\n","protected":false},"excerpt":{"rendered":"

Follow your honest convictions, and stay strong. \u2013 William Thackeray Markets rebounded strongly in October from the brief dip we saw last month, with each of the model portfolios finishing higher as well. The equity market in general looks to be firming up for a year-end rally, and we are positioned to capitalize on that. […]<\/p>\n","protected":false},"author":90,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-633","post","type-post","status-publish","format-standard","hentry","category-market-commentary"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":1,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/633\/revisions"}],"predecessor-version":[{"id":634,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/633\/revisions\/634"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/media?parent=633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/categories?post=633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/tags?post=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}