Growth Report - June 2025
Portfolio performance and company update as we move into the summer months.
Summer has arrived
If you have university aged kids, they are already home from school and hopefully enjoying their summer jobs. High schoolers are cramming for exams, and the youngest people in our lives are looking forward to summer camp and family vacations.
Meanwhile, the team at JCIC has been busy growing your portfolios.
“The most exciting growth so far in 2025 is in our international equities,” according to Kai Lam, JCIC’s Chief Investment Officer. “As of May 23rd, the JCIC International Equity portfolio is up 21.3% vs. the MSCI EAFE Total Return Index (in CAD) return of 10.6%. This is 1070 basis points of outperformance YTD.”
That kind of performance is a continuation of what JCIC has seen over the past three years across most portfolios.
“It’s been a strong three years for the Balanced Fund. A dollar invested in the Balanced Fund in March 2022 has gained 38.8% before fees.”
— Aaron Coholan, JCIC’s Chief Compliance and Operating Officer
Fun at the Ballpark
But it hasn’t been all work. JCIC hosted our young investors group at a Blue Jays game in May.
The event is part of JCIC’s commitment to understanding our clients on a personal level. Knowing people better helps us make the best investment decisions on their behalf.
“George Youngberg (Associate Relationship Manager) and I hosted 14 of our young clients at the Jays game. It was a fun evening with ballpark food, lots of laughs, and even a Blue Jays victory!”
— Michelle Burandt, JCIC Relationship Manager
Many of the investors that joined us at the baseball game were second, or even third-generation clients. But not all our investors come to us that early.
If you have siblings or business partners that could benefit from our approach, please don’t hesitate to share this newsletter with them.
For anyone recommended by a current client, we offer a free ‘investment review.’
An ‘investment review’ is exactly what it sounds like. We will talk with them about their goals and timelines, then look through their current portfolio to see if they are aligned. If not, we can suggest changes. That might include small tweaks, or if they feel we are a good match, they might join JCIC as an investor. This review is available to people who currently manage their own investments, and also those who are currently engaged with another asset management group.
As you read this, are you thinking about someone specific who could use some fresh eyes on their approach? Please encourage them to reach out to us. They can contact us at goodlife@jcic.ca or by phone at 416-366-1122.
A word from Cameron
If they (or you) want to better understand our approach to investing, you can watch this brief video message from JCIC President Cameron Scrivens.
Our Relationship Managers are always available to chat in person, on the phone, or via video call.
Upcoming dates to remember
Wednesday June 4th – Bank of Canada announcement on interest rates
Sunday June 15th – Fathers’ Day
Monday June 16th – Tax filing deadline for self-employed individuals
Saturday June 21st – National Indigenous Peoples Day
Tuesday July 1st – Canada Day
Friday July 4th – Independence Day (USA)
Wednesday July 30th – Bank of Canada announcement on interest rates
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.
The information provided in our newsletter is private, privileged, and confidential information, licensed for your sole individual use as a subscriber. JCIC Asset Management reserves all rights to the content of this newsletter.