Liberty International Investment Management Inc.
Liberty International Investment Management Inc. is an independent, employee-owned firm whose sole purpose is to help clients reach their investment goals. The firm was established with the intention of creating an alternative to the traditional investment management approach. Investing with us means a customized internationally diversified portfolio with 100% transparency - no mutual funds, ETFs or pooled funds. Join the families across Canada that count on us for trusted advice, superior service and support to help achieve their needs.
Liberty offers discretionary investment management services through segregated accounts to high net worth clients. Client holdings will be made up of global equities and fixed income. Holdings will be purchased directly off the local country exchanges to reduce costs through greater liquidity and a lower bid-offer spread. The lower the cost for the client, the better their returns. We are not active traders as we invest in businesses for the long-run (greater than 10 years). Annual portfolio turnover is only 10%. We screen 4,000 global companies looking for firms that generate consistent free-cash flow annually. Companies that exhibit this trait have money left over after all the bills are paid to increase dividends, buy back shares, pay down debt, make prudent acquisitions, upgrade plant-and-equipment to stay modern, or hire key employees to help the firm grow in the future. We also consider 10 other investment metrics such as return on capital, operating margins, Z-scores, net-net working capital, debt-to-cash flow ratio, payout ratios, etc. When the appealing candidates are found, we then run multiple discounted cash flow scenarios to ascertain a reasonable company valuation. From the 4,000 names, we currently have 6 model portfolios which we use to mix-and-match based on the amount of customization the client seeks. The 6 models are currently: All-Canadian portfolio, All-US portfolio, International portfolio with Canadian stock names, International portfolio without Canadian names, All European portfolio and a Legacy portfolio of small-cap stocks for kids and grandkids whose time horizon is much longer. We then design a 30-stock portfolio. Within that portfolio, there are 5 ways that we manage portfolio risk: Average security weighting, weighted-average beta, diversification by country, by industry and by size of company.
Address: Suite 621 - 111 Peter St. Toronto, Ontario M5V 2H1 Canada
Phone: +1 416 304 9510
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