SEAMARK Asset Management Ltd

Since its inception in 1982, experienced and accessible investment professionals have followed a team-based process that consistently applies clearly articulated investment principles to meet each client's objectives.

SEAMARK offers its services to institutional and private clients across Canada. Investment management services are delivered on either a bespoke or pooled fund basis.

The bespoke model uses separately managed funds (SMA) which align with an investor's unique needs and objectives. These arrangements offer a higher level of client service, such as in-person meetings with the portfolio manager at least semi-annually, and very detailed reporting packages. Historically, such accounts had minimum sizes of $2 million or more. With technological improvements and internet utilization, SEAMARK can now offer this service to any relationship which meets the minimum annual fee level of $5000. Registered and unregistered accounts may be commingled in calculating the fee.

Pooled funds are like the better-known mutual funds, in that the capital of multiple investors is pooled inside a fund, and a daily unit value is determined. SEAMARK initially created a suite of pooled funds in 1996 to participate in the Defined Contribution pension marketplace, principally by offering the funds through a life insurance company, which also held a significant ownership interest in SEAMARK. An investor may purchase units of the fund as an accredited investor, or may enter into an investment management contract with SEAMARK as his/her portfolio manager. Improvements in efficiency arising from embracing technological change now enable SEAMARK to offer pooled funds to customers with account sizes of $5,000 or more. Smaller account participants receive a monthly statement delivered to their unique internet portal, and enjoy a fee structure as low as 7 basis points per month (plus HST).