Tailored Portfolio Management

Many investors find themselves in a quandary due to the size of their investment portfolio. It is often too large (over $250,000) to be adequately serviced by retail products such as GIC's and mutual funds, but yet too small to be managed by large institutions that require a minimum account size of $2 million. Lee, Turner & Associates Inc. provides the answer. Our role is to provide personal and professional investment management with a direct approach to investors of all sizes.

Investment Philosophy

We manage our investments on a pro-active basis. As much as possible, we try to anticipate changes and take appropriate action, rather then reacting to them. Our investment process begins with information gathering and analysis which yield forecasts upon which we base our investment decisions. Following implementation of these decisions, our disciplined investment philosophy carries on; continuously monitoring, adjusting and fine tuning our investment portfolios to ensure that they meet our clients' objectives efficiently.

Our analytical work employs a top-down approach by first looking at the "big picture" and then focusing on the "fine print", hence our investment process starts with a look at the global economy. From there, we focus more closely on the North American scene and intensify our analysis of various economic sectors. Finally, we do a detailed fundamental analysis of individual companies. The distillation and analysis of this data allow us to make forecasts, assess risks, and determine the most efficient portfolio of investments.

Management Process

Disciplined and pro-active management of a portfolio begins once it has been constructed and its security positions established. In addition to regular, formal portfolio reviews, every piece of information we receive is analyzed to determine if it has any impact on our portfolios. If so, action is taken to bring the portfolio up to its most efficient status. For instance, when we anticipate a rise in interest rates, we will shorten our bond maturities, liquidate some holdings and build up cash reserves. In the stock market, we will buy a stock only if its fundamentals are forecast to meet all our criteria for investment. We will sell a stock if its price reaches our appreciation target or as we perceive any deterioration of its fundamentals. Strict adherence to a disciplined investment process is the cornerstone of consistent, long term and successful portfolio returns.