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Create Your Own Investment Funds
PRESENTED WITH OUR BUSINESS PARTNERS
AUGUST 2006
Investment Fund Overview
> Investment funds have traditionally been offered by larger asset management firms
> There are several, distinct components in the creation, operation and ongoing management of investment fund programs
> Setting up an investment fund program requires the orchestration of several different support skill sets and service providers
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Investment Fund Components
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1 2 3 4 5 6Investmen
t Fund Structure
Investment
Management
Investment Fund
Operations
Business Managem
ent
Investment Fund
Governance
Professional Services
> Trust> Corporation> Limited Partnership
> In-house> Proprietary> Multiple Managers
> Custodian> Fund Valuation> Unitholder Recordkeeping
> Sponsor/ Fund Manager> Fund Administration
> Trustee> Board of Directors
> Legal> Audit> Investment Manager Search
Structural design to
satisfy client needs
Investment solution
design
Integrated operational support services
Efficient and
effective managem
ent of fund
business
Prudent oversight of fund
business and client
assets
Specialized
professional
expertise
Traditional Operational Environment
> Traditional operational support firms, providing services such as custody, fund accounting and recordkeeping, are typically aligned to the needs of large, asset management firms
> As a result, customized solutions and pricing
can sometimes be issues for small/medium-sized asset management firms
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Recent Developments
> Rapid technology advancement and standardization has commoditized and driven down the cost of many of the operational support components
> Over the past few years, new specialized operational support providers have entered the Canadian marketplace with a focus on small/medium-sized asset management firms ($50 Million - $2 Billion AUM)
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The Opportunity
> It is possible to combine all investment fund program components into a customized, cost-effective offering
> HighView Financial Group and its Partners have reverse-engineered the entire support process related to investment fund programs specifically for independent wealth management firms
> Independent wealth management firms can now have their own privately-branded investment funds, with modest set-up costs and reasonable operating feesHIGHVIEW FINANCIAL GROUP PARTNERS | CREATE YOUR OWN INVESTMENT FUNDS 6
HighView’s Offering
> HighView Financial Group and its Partners can offer a complete solution for the creation and ongoing management of investment fund programs
> HighView will orchestrate all the operational components and service providers required to create and maintain a distinct, specialized investment fund offering
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HighView Investment Fund Partners
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Who Can Create Their Own Investment Fund?
> There are regulatory restrictions on the distribution and portfolio management of investment funds.
> However, many different types of wealth management firms can “sponsor” their own investment funds:
> IDA Firms> Investment Counselors> MFDA Firms> Insurance Firms> Multiple Family Offices
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Benefits of Your Own Investment Funds
1. Broaden your client relationships2. Segment your clients3. Enhance your firm’s operational
efficiencies4. Lower cost of investment fund ownership
for clients5. Extend your firm’s brand through other
distribution channels
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How Can HighView & Its Partners Help?
> HighView Financial Group and its Strategic Partners can help in two broad areas:
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Investment Fund Set-up Investment Fund Governance and
Management Design Sourcing of all operational support and professional services providers Project management and implementation
Act as professional advisor to investment fund governance bodies Provide ongoing oversight and management of investment fund operations
Why HighView Financial Group?
1. Experienced Partners2. Customized Solutions3. Integrated Solutions4. Access To Specialists5. Cost Advantages6. Complete Objectivity
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To Learn More
Capstream Inc.David EricksonPhone: (416) [email protected]
HighView Financial Group Inc.Mark BarnicuttPhone: (905) [email protected]
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