Discretionary Asset Management

Discretionary Asset Management

Meadowbank Guyana (MAMGY) offers separately managed discretionary accounts for both local and foreign investors. These accounts may hold a diversified pool of securities, including publicly listed domestic, regional and global securities, depending on the unique risk profile and personal circumstances of each account holder.

MAMGY may use a foreign sub-adviser to manage accounts held in foreign currencies (US$ and CAD$).

 Our clients must be the right fit

We are selective in engaging clients because we do not want to be everything to everyone. We simply want clients seeking:

  • Wealth preservation and downside protection
  • Consistent returns based on their unique tolerance for risk
  • Peace of mind without having to worry about market volatility

We recognize that losses are more painful than gains

Following several decades of experience, we found that although investors come in different shapes and sizes; have different expectations; and can tolerate different levels of risk, at the end of the day most of them want the answer to a single question: “How much money did I invest, how much is my investment worth today?”

The truth is: whether they are conservative or aggressive, when their investments are worth less, behavioral finance research shows that they experience a greater degree of pain than the degree of satisfaction experienced from making a gain.

That is why we do not set unrealistic expectations

We do not want our clients to have unrealistic expectations and do not promise to outperform the market or the benchmark. We simply strive to provide relatively reasonable returns while minimizing the risk of making losses. We want our investors to be able to sleep at night without having to worry about their money. More important, we aim to eliminate the pain of making losses.

Diligent Equity Investment Process

The Manager’s approach to select stocks for clients’ portfolios, include:

Proprietary process

A proprietary quantitative “all times period” model which has been back-tested for reliability and accuracy is used to select securities with the best long-term risk-return characteristics.

Qualitative criteria to determine final stock selection.

The following qualitative criteria are then applied to selected stocks for inclusion in clients’ portfolios.

  • Strength and consistency of management
  • Growth at a reasonable price
  • Relative valuation
  • Dividend payout
  • Competitive positioning

Maintaining the process

The performance of the universe of selected stocks is analyzed each month to either add new companies or reduce exposure to existing holdings.

Safety and segregation of your money

Your investments are at all times held by a custodian or trustee approved by the relevant securities regulator. What this means is that your money is fully segregated from Meadowbank’s own accounts.

Disclaimer: The information contained in this material is intended solely for information purposes and is not an offer or solicitation to buy or sell any security nor does it provide individual financial, legal, tax or investment advice. It should not be used or construed as an indicator of future performance.