Investment Policy Statement

← Back to all IFM Tools


The portfolio's primary goal:

Individual Accounts Covered by this IPS

Investment Portfolio Values

Time Horizon & Liquidity

Investment Time Horizon:

Which 'phase' is your portfolio currently in:
If your portfolio is in the 'Accumulating & Growing' phase, when do you anticipate shifting from 'Accumulation' to 'Using'.

Liquidity needs:

Do you anticipate withdrawing cash within the next 5 years?
Do you need to take an income from the portfolio?
If yes, do you plan to withdraw:
Do you think your investment income needs will change in the next 10 years?
Additional details:

Target Asset Allocation

By investment type: Fixed Income Investments: Percentage (%): $ Amount to be invested:
Growth Investments: Percentage (%): $ Amount to be invested:
Cash & Cash Investments: Percentage (%): $ Amount to be invested:
By investment type: Individual investments should be held in accounts that provide the best after tax results?
If yes, then Investments paying interest
Investments paying dividends should be held in
Investments generating capital gains/losses should be held in

Expected Rate of Return

Fixed Income Investments: Percentage (%): Your est. annual $ earnings:
Growth Investments: Percentage (%): Your est. annual $ earnings:
Cash & Cash Investments: Percentage (%): Your est. annual $ earnings:
Your Portfolio's Estimated Annual Rate of Return (%): Portfolio est. annual $ earnings:

Investment Costs

Fixed Income Investments Costs: Percentage (%): Fixed income investments will cost you ($):
Growth Investment Costs: Percentage (%): Growth investments will cost you ($):
Cash & Cash Investments: Percentage (%): Cash-like investments will cost you ($):
Number of trades per year:
Cost per trade ($): Annual transaction costs ($):
Your portfolio's estimated annual investment costs (%): Total Costs ($):

Investment Guidelines & Risk Parameters

The Portfolio's goals:
The portfolio can invest in:

Fixed Income Investment Guidelines

Amount to be invested: Percentage (%): $ Amount to be invested:
They can be
My investment approach

Guaranteed Investment Certificates (GICs):

They can be:
GIC maturities are to be:
Maturity schedule:
# of GIC to be held $ Value of each GIC investment
Amount invested ($):
Additional GIC guidelines:

Bonds and Debentures:

They can be:
They can be:
Their credit quality must be (DBRS ratings):
Bond maturities are to be:
Maturity schedule:
Bond fund/ETF average duration to be:
Bond/ETF distributions:
Bond fund/ETF Portfolio Turnover Ratio (PTR):
Mutual fund/ETF investment style:
Maximum Bond Fund/ETF Management Expense Ratio (MER):
# of bond investments to be held $ Value of each bond investment
Amount invested ($):
Additional bond guidelines:

Preferred Shares:

They can be:
They can be:
Their credit quality must be (DBRS ratings):
Desired features:
Redemption feature - from the date of purchase, I prefer a redemption date:
Mutual fund/ETF distributions:
Mutual fund/ETF Portfolio Turnover Ratio (PTR):
Mutual fund/ETF management style:
Maximum mutual fund/ETF Management Expense Ratio (MER):
# of preferred share investments to be held $ Value of each preferred share investment
Amount invested ($):
Additional preferred share guidelines:

Growth Investment Guidelines

Amount to be invested: Percentage (%): $ Amount to be invested:
My investment approach

They can be
Diversification by region:
Diversification by industry:
Individual investment size:
My approach to rebalancing

Do you have a set of clear & written guidelines for when to sell a Growth investment?
If yes, briefly describe:

Common Shares:

They can be:
Diversification: I like to own shares in:
They must pay dividends:
Use Dividend Reinvestment Plans (DRIPs), if available?
Additional common share guidelines:

Mutual Funds:

They can be focused on:
They can be:
Diversification: I like to own units in:
The investment style should be:
Investment currency risk:
The mutual fund must have an established track record of at least:
Use the Dividend Reinvestment Plan (DRIP), if available?:
The mutual funds should make regular distributions to unitholders:
The Mutual fund distributions:
Mutual fund Portfolio Turnover Ratio (PTR):
Maximum mutual fund Management Expense Ratio (MER):
Additional Guidelines:

Exchange Traded Funds:

They can be focused on:
Diversification: I like to own:
The investment style should be:
Investment currency risk:
The ETF must have an established track record of at least:
Use the Dividend Reinvestment Plan (DRIP), if available?:
The ETFs should make regular distributions to unitholders:
ETF Portfolio Turnover Ratio (PTR):
Maximum ETF Management Expense Ratio (MER):
Additional Guidelines:

Cash & Cash Equivalent Guidelines

Amount to be invested: Percentage (%): $ Amount to be invested:
Cash balances are held:
Cash can be held:
Currency - cash can be held as:
Additional Guidelines:

Monitor, Measure & Re-balance

Monitor:

The portfolio is to be reviewed:
Review to include: Comparing the Current Assets Allocation with the Target Asset Allocation:
Review of bond & GIC maturity dates and options:
Review of Credit Ratings for bonds & preferred shares:
Review of common shares - share price performance, revenue & earning results, corporate announcements, credit rating actions, etc.:
Review of mutual funds - unit price performance, benchmark tracking error, etc.:
Review of ETFs - unit price performance, benchmark tracking error, etc.:
Review account cash balances - were all dividend & interest payments for the period received?:
Review to determine if the portfolio should be re-balanced.:
Review & research new, developing investment themes & ideas:
Review investment fees paid & investment costs:

Measure:

Investment performance is measured:
The portfolio's investment performance is compared to a benchmark:
If yes, the type of bench mark used is:

Re-blanace:

The portfolio is re-balanced:
Re-balancing includes moving money between the portfolio's fixed income, growth & cash investments:
Re-balancing includes a well defined 'sell' strategy when an investment does not work and drops substantially in value?:
My sell strategy includes:

Back To Top