A letter from Cameron Scrivens
A holiday message from JCIC’s President and Portfolio Manager
Hello and Happy Holidays.
As 2025 draws to a close I wanted to put pen to paper (or more aptly, fingers to keyboard,) and send my best wishes to everyone in the JCIC family.
It has been an incredibly successful year for our (your) investments. Kai Lam, our Chief Investment Officer, will provide an in-depth performance report for all the various portfolios in January, but I’ll give away one spoiler here: As of early December, we are trending towards double digit growth across the board for 2025. That is well above the industry averages, and something that we are thrilled to be able to provide for all of our clients.
This is especially exciting when you consider where we were this time last year. In January, we were in the midst of a change of government in the US and the financial outlook was murky at best. Uncertainty ruled the day. It hasn’t been smooth or easy, but we have weathered that storm and are now looking ahead to 2026 with optimism.
Of course, financial success means nothing if you don’t have people to share it with. I am blessed to be spending the holidays with my family and I hope you are taking time to do the same.
My ‘other’ family is the team here at JCIC. We spend long hours together and I am continually impressed at the resourcefulness and diligence of this group of people. They are also a very compassionate group. In November, our staff attended an event in support of Dixon Hall.
Dixon Hall began as a soup kitchen in 1929 and since then has been steadily expanding the services it provides for residents of Downtown East Toronto. They offer support to people needing affordable housing, shelter, and employment. They especially focus on youth and seniors’ services. It is a broad commitment to building a better community for all of us.
This spirit of giving is the essence of the holiday season. I hope you all enjoy the final few weeks of the year, and I wish you all the best for the year ahead.
Yours sincerely, Cameron Scrivens
Disclosure:
Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The opinions expressed in the newsletter are those of JCIC Asset Management, its editors and contributors, and may change without notice. Any views or opinions expressed in the newsletter may not reflect those of the firm as a whole. The information in our newsletter may become outdated and we have no obligation to update it. The information in our newsletter is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. We strongly advise you to discuss your investment options with your Relationship Manager prior to making any investments, including whether any investment is suitable for your specific needs.
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