Products & Services

Overview

The majority of equity holdings purchases in Interinvest portfolios possess some or all of the following traits:

  • Cash & Equivalents on balance sheet equal to or greater than 15% of current stock price
  • Total debt to common equity less than 40%
  • P/E ratio less than 15
  • P/E ratio at the lower end of historical range
  • Price to cash flow ratio of 15 or less
  • Price to sales ratio of 3 or less

Interinvest looks for companies with:

  • Undervalued assets
  • New or as yet unrecognized product cycles
  • Viable turnaround prospects
  • Promising catalysts for growth
  • Identifiable competitive advantage
  • Market leadership or dominance in a cyclical or currently out of favor industry

Global Balanced

For both individual and institutional investors, the first step in achieving above-average risk-adjusted returns is to focus on preservation of capital during periods of higher than normal risk in the markets. Interinvest’s basic investment model utilizes a “top-down” approach. Through an analysis of current geopolitical events and their effects on macroeconomic trends, we anticipate secular trends and how they affect the world’s financial markets. Learn more

International Fixed Income

The International Fixed Income Product is designed to maximize the rates of return and generate additional income for our clients in a manner consistent with our overall investment philosophy, which is conservative and risk averse. For the majority of our clients with a fixed income mandate, we emphasize the preservation of capital while looking at supranational, high quality corporate credit of investment grades, or government and government-sponsored issues. These instruments offer sources of fixed income through current income (coupon), capital appreciation, and currency appreciation (when applicable).

Fixed Income portfolios with a mandate that includes exposure to non-investment grade, lower credit quality issues bring with them a concurrent higher degree of risk. In additional to the risks listed above, such high yield bonds carry credit risk associated with the borrower’s ability to meet coupon payments and principal payments to lenders. While exposure to this side of the credit spectrum is not for the risk averse, we actively seek out value in corporate debt we believe the market is mispricing or a company that has assembled a feasible and realistic turnaround plan.

Our universe encompasses all major developed capital markets with security selection including but not restricted to supranational, government, and government-sponsored issues, along with corporate debt with a Standard and Poor’s equivalent rating of non-investment grade through AAA.

European Equity

The European Equity Product offers a portfolio composed of European securities that seek to outperform the MSCI Europe Index with a reduced level of risk over the course of a full 3-5 year market cycle. Over the full market cycle, the added flexibility of a larger permissible allocation to cash allows the manager the ability to reduce equity exposure at points in the market cycle where valuations are no longer deemed attractive in the region (Europe as defined by MSCI is composed of the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom).

North American Equity

The North American Equity Product offers a portfolio composed of North American securities that seek to outperform the MSCI North American Index with a reduced level of risk over the course of a full 3-5 year market cycle. Over the full market cycle, the added flexibility of a larger permissible allocation to cash allows the manager the ability to reduce equity exposure at points in the market cycle where valuations are no longer deemed attractive in either Canada or the United States.

Special Mandates

As well, Interinvest manages special mandates on behalf of clients, including but not limited to currency trading, region (or country)-specific portfolios, municipal bond portfolios, and laddered maturity fixed income portfolios. Please inquire to the applicable regional office for further information.