Cutting Through the Noise
June 6, 2007
Steadyhand has a very definite investment philosophy. We believe our funds should be (1) absolute-return oriented; (2) concentrated on the managers’ best ideas; (3) unconstrained; and (4) have low turnover (i.e. tax efficient). The least understood of these four tenets ...
Read MoreMay 30, 2007
There is a personal situation that I want to apprise our clients of, as well as investors that are following the progress of Steadyhand. I’ve had a long-standing liver condition called primary schlorosing colengitis (PSC). It goes back to my ...
Read MoreMay 30, 2007
Because of my liver condition , we’ve had to assess how Steadyhand’s business plan will change. The reality of the situation is that (1) I can’t travel outside the province until I get the transplant and (2) after my beeper ...
Read MoreMay 23, 2007
Investment Lunch/Breakfast Tired of high fees? Want to learn more about direct investing? Curious about the Steadyhand funds? Join us for lunch on Thursday, June 7 th , or breakfast on Tuesday, June 12 th , for an intimate and ...
Read MoreMay 14, 2007
Prologue to Globe and Mail Article I wanted to put today’s Globe and Mail article in context with Steadyhand. The process described in the article occurred prior to the decision by Neil and I to go ahead with Steadyhand. Since ...
Read MoreMay 10, 2007
The manager of our Equity Fund, Cranston, Gaskin, O’Reilly & Vernon (CGOV), is holding an Investor Conference Day in Toronto next week that I’ll be attending. Finally, an excuse to head east and get out of this terrible spring weather ...
Read MoreApril 30, 2007
Early on in our business design, we decided to outsource many of the business functions necessary in a mutual fund company. One of the tools we used to visualize how the functions would fit together was a (very loose) variation ...
Read MoreApril 23, 2007
I am the newbie. I joined Steadyhand a couple of weeks ago and work as an Investor Specialist. My role is to talk with investors about Steadyhand. What I’ve found out so far is that Steadyhand is a great place ...
Read MoreApril 10, 2007
Bono once said, "It's a beautiful day; don't let it get away." So we captured it in digital film. After months of preparation and hard work, it was truly a beautiful day in Vancouver as we opened our doors to ...
Read MoreMarch 15, 2007
Steadyhand hit the slopes last weekend in Whistler. Unfortunately, with limited visibility, high winds and wet snow, conditions were almost unbearable. ...
Read MoreMarch 3, 2007
One of our differentiators is our fee reduction program. In this and subsequent postings, I'll outline the design and implementation of the program. Philosophy and Objectives Our costs for managing a $10,000 account and a $150,000 account are not that ...
Read MoreFebruary 18, 2007
One of my intentions for this blog is to expose some of the inner workings of Steadyhand, including the functions we outsource and the vendors we work with. A natural place to start is with this website and the firm ...
Read MoreFebruary 14, 2007
Yesterday was a big day for the team at Steadyhand. We filed our final prospectus and turned on our website. While our funds won’t be available to investors until April 10th, these are still big milestones for us. Also yesterday ...
Read MoreFebruary 13, 2007
Here's a shot of our Manager of Research & Communications, Scott Ronalds, recovering from our last MFDA site visit in January. ...
Read MoreDecember 1, 2006
November 3, 2006
Here's a picture of our Manager of Research & Communications, Scott Ronalds, reading David Swensen's Unconventional Success while on holiday in Hawaii.We're hoping all of our future employees are as dedicated as Scott. ...
Read MoreOctober 21, 2006
We're looking for some good people to fill out our team in Vancouver, specifically an Investor Specialist and an Administrative and Marketing Associate. If you know of anyone, please let them know. ...
Read MoreSeptember 27, 2006
This is just a quick update to let people know where we're at on the startup of Steadyhand Investment Funds. First of all, I want to thank those who sent us their best wishes and encouragement after our initial announcement. ...
Read MoreSeptember 15, 2006
I went to a seminar yesterday sponsored by the law firm, Borden Ladner Gervais (BLG). It was about setting up an "Independent Review Committee" (IRC) for a mutual fund company. Going forward, each company must have a committee of independent ...
Read MoreAugust 4, 2006
In today's National Post, Jonathan Chevreau writes about Steadyhand Investment Funds in a story entitled: ' A tough way to start a fund '. This article certainly reminds Neil and me of the challenges we face in selling directly to ...
Read MoreAugust 1, 2006
I mentioned in my last posting that Neil Jensen and I (along with a few other like-minded people) are starting a new mutual fund company, Steadyhand Investment Funds Inc . We are at the stage now where one of those ...
Read MoreJuly 31, 2006
Us - that's who! I am partnering with Neil Jensen and a few other like-minded people to start Steadyhand Investment Funds . We're hoping to open the doors in the first quarter of 2007, although the date will be highly ...
Read MoreJuly 12, 2006
As I contemplate starting a new investment company, I've had to assess what form it will take. Specifically, I've been trying to decide whether the good ole mutual fund is still a valid investment vehicle, or is it going the ...
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