There’s no denying that this past year was stressful, marked by challenges and uncertainty. Specifically, the world of investments offered quite the roller coaster ride.
So, how do you keep your finances on track?
Alitis Investment Counsel is a boutique investment counsel that manages alternative investment strategies and follows a data-driven approach. The result is exceptional performance, while also managing and limiting risks for clients, for a one-of-a-kind investing experience.
Alternative Investments
Through volatility in the stock markets and low interest rates in the bond market, Alitis recognized the challenges associated with the traditional way of investing – specifically, an environment of lower yields and increased risk.
To increase diversification, they’ve designed investment solutions that use a wider variety of asset classes and investment approaches.
The aim of adding alternative investments is to deliver stable risk-adjusted returns through a variety of market conditions. In 2020, their approach resulted in the investment funds they manage doing well, despite market volatility.
While public markets, such as stocks, were heavily impacted in March, alternative investments such as the private mortgages and private real estate funds managed by Alitis, performed better. As private sector investments, they didn’t get caught up in the wave of people selling stocks, for example, throughout March. Rather, these alternative investments held up well through the downturn and provided Alitis’ clients with a more stable ride than many other investment choices.
In deviating from the traditional approach to investing and building a portfolio, Alitis has limited the effects of the major market events in 2020 on clients’ portfolios. Rather, as Aaron Robertson an Associate Portfolio Manager at Alitis put it, “Our Investment Committee designed our pools and funds to be more stable than the public markets. This past year, the portfolios reacted as expected and, when looking at our one year returns at year end, many of our clients saw solid returns in their Alitis portfolios.” The performance over the past year solidifies the effectiveness of their meticulous and progressive investment process.
1 Year Performance – Annualized
Alitis Strategic Income Pool
Alitis
Income & Growth Pool
Alitis
Growth
Pool
Alitis Private Mortgage Fund
Alitis
Private
REIT
Alitis Private Real Estate LP
3.96%
7.20%
4.15%
5.36%
11.38%
13.91%
Alitis’ minimum is $250,000 of investable assets per household. Returns are for Class E Units, as of December 31st, 2020. The investments are not guaranteed; their values change frequently, and past performance may not be repeated.
Their unique investment solutions also provide access to asset classes that’s typically only available to high net worth or institutional investors.
Backed by a team of professionals with more than 100 years of collective industry experience, they’re dedicated to delivering innovative solutions, thought-provoking advice and exceptional service – putting you in good hands! Be sure to watch for the coming article, where you get to meet the team.
Get Involved
You have several way to take advantage of Alitis’s services:
You can also follow them on LinkedIn and Facebook or you can subscribe to receive insights from Alitis on wealth planning and investing.
TORONTO – Canada’s main stock index was down more than 200 points in late-morning trading, weighed down by losses in the technology, base metal and energy sectors, while U.S. stock markets also fell.
The S&P/TSX composite index was down 239.24 points at 22,749.04.
In New York, the Dow Jones industrial average was down 312.36 points at 40,443.39. The S&P 500 index was down 80.94 points at 5,422.47, while the Nasdaq composite was down 380.17 points at 16,747.49.
The Canadian dollar traded for 73.80 cents US compared with 74.00 cents US on Thursday.
The October crude oil contract was down US$1.07 at US$68.08 per barrel and the October natural gas contract was up less than a penny at US$2.26 per mmBTU.
The December gold contract was down US$2.10 at US$2,541.00 an ounce and the December copper contract was down four cents at US$4.10 a pound.
This report by The Canadian Press was first published Sept. 6, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in technology, financial and energy stocks, while U.S. stock markets also pushed higher.
The S&P/TSX composite index was up 171.41 points at 23,298.39.
In New York, the Dow Jones industrial average was up 278.37 points at 41,369.79. The S&P 500 index was up 38.17 points at 5,630.35, while the Nasdaq composite was up 177.15 points at 17,733.18.
The Canadian dollar traded for 74.19 cents US compared with 74.23 cents US on Wednesday.
The October crude oil contract was up US$1.75 at US$76.27 per barrel and the October natural gas contract was up less than a penny at US$2.10 per mmBTU.
The December gold contract was up US$18.70 at US$2,556.50 an ounce and the December copper contract was down less than a penny at US$4.22 a pound.
This report by The Canadian Press was first published Aug. 29, 2024.
The crypto market has recently experienced a significant downturn, mirroring broader risk asset sell-offs. Over the past week, Bitcoin’s price dropped by 24%, reaching $53,000, while Ethereum plummeted nearly a third to $2,340. Major altcoins also suffered, with Cardano down 27.7%, Solana 36.2%, Dogecoin 34.6%, XRP 23.1%, Shiba Inu 30.1%, and BNB 25.7%.
The severe downturn in the crypto market appears to be part of a broader flight to safety, triggered by disappointing economic data. A worse-than-expected unemployment report on Friday marked the beginning of a technical recession, as defined by the Sahm Rule. This rule identifies a recession when the three-month average unemployment rate rises by at least half a percentage point from its lowest point in the past year.
Friday’s figures met this threshold, signaling an abrupt economic downshift. Consequently, investors sought safer assets, leading to declines in major stock indices: the S&P 500 dropped 2%, the Nasdaq 2.5%, and the Dow 1.5%. This trend continued into Monday with further sell-offs overseas.
The crypto market’s rapid decline raises questions about its role as either a speculative asset or a hedge against inflation and recession. Despite hopes that crypto could act as a risk hedge, the recent crash suggests it remains a speculative investment.
Since the downturn, the crypto market has seen its largest three-day sell-off in nearly a year, losing over $500 billion in market value. According to CoinGlass data, this bloodbath wiped out more than $1 billion in leveraged positions within the last 24 hours, including $365 million in Bitcoin and $348 million in Ether.
Khushboo Khullar of Lightning Ventures, speaking to Bloomberg, argued that the crypto sell-off is part of a broader liquidity panic as traders rush to cover margin calls. Khullar views this as a temporary sell-off, presenting a potential buying opportunity.
Josh Gilbert, an eToro market analyst, supports Khullar’s perspective, suggesting that the expected Federal Reserve rate cuts could benefit crypto assets. “Crypto assets have sold off, but many investors will see an opportunity. We see Federal Reserve rate cuts, which are now likely to come sharper than expected, as hugely positive for crypto assets,” Gilbert told Coindesk.
Despite the recent volatility, crypto continues to make strides toward mainstream acceptance. Notably, Morgan Stanley will allow its advisors to offer Bitcoin ETFs starting Wednesday. This follows more than half a year after the introduction of the first Bitcoin ETF. The investment bank will enable over 15,000 of its financial advisors to sell BlackRock’s IBIT and Fidelity’s FBTC. This move is seen as a significant step toward the “mainstreamization” of crypto, given the lengthy regulatory and company processes in major investment banks.
The recent crypto market downturn highlights its volatility and the broader economic concerns affecting all risk assets. While some analysts see the current situation as a temporary sell-off and a buying opportunity, others caution against the speculative nature of crypto. As the market evolves, its role as a mainstream alternative asset continues to grow, marked by increasing institutional acceptance and new investment opportunities.
