Counsel Portfolio Services Inc. has launched a new income portfolio product designed to provide investors with the potential for higher yields relative to traditional income investments.

Counsel Managed Yield Portfolio is a new tactically managed, diversified income solution that offers investors regular income and the potential for capital appreciation.

“With a broader range of income solutions, we are giving advisors even more flexibility to manage the income needs of their clients,” says Sam Febbraro, president and CEO of Counsel, which is a subsidiary of IPC Portfolio Services Inc.

Offered under Series A, D, E, F and I, Counsel Managed Yield Portfolio will invest in a variety of fixed income securities including high yield fixed income, global fixed income, Canadian dividend equities and global real estate securities.

“Through our objective due diligence process, we have assembled a strong line-up of investment specialists for Counsel Managed Yield Portfolio to give investors a disciplined investment strategy to manage risk, generate yields and protect their capital,” says Febbraro.

The investment specialists for the new portfolio are PanAgora Asset Management Inc., TD Asset Management Inc., Mackenzie Financial Corporation, Franklin Templeton Investments, Leon Frazer & Associates Inc., and FSX Securities Canada Inc.

Portfolio design enhancements

Counsel also announced on Thursday an enhanced portfolio design and asset allocation structure for Counsel Conservative Portfolio, Counsel Balanced Portfolio, Counsel Growth Portfolio and Counsel All Equity Portfolio.

“At Counsel, we proactively review the structure and design of each Counsel Strategic Portfolio to identify new investment opportunities on behalf of advisors and their clients,” Febbraro says.

The asset allocation adjustments are supported by the capital market assumptions research and asset class return projections provided by Ibbotson Associates Inc. – a third party portfolio modeling service provider owned by Morningstar, Inc.

IE