Exploring Liquid Alternative Investments with Jeremy Donath (Donath & DiSabatino Group, BMO Private Wealth)

beyond MD with Dr. Yatin Chadha

My exploration of investing continues today with Jeremy Donath, LL.B, CIM. Jeremy co-runs the Donath & DiSabatino Wealth Management Group in BMO Private Wealth.
Today's topic covers Liquid Alternative Investments.
Discussion points:
- Jeremy's background & experience (7:06)
- Basic investment approach (8:08)
- What is a liquid alternative investment? (10:46)
- Sectors and asset classes covered by liquid alts (12:34)
- Accessed by individuals or institutions? (13:46)
- RRSP eligibility (14:42)
- Checklist for due diligence - critical (15:16)
- Rationale for liquid alternatives in the portfolio (22:40)
- Challenging liquid alts through the illiquidity premium (25:32)
- Returns of liquid alts vs TSX & SP500 (27:05)
- But most rolling 10 year periods since 1937 are + for index funds....(30:08)
- Pivoting from alts to equities & vice versa, dealing with market timing (34:50)
- Pension funds & liquid alternatives (37:16)
- Fund fact sheets - information we need to know (39:04)
- Hurdle rates (40:23)
- Performance fees, high water mark (41:06)
- Any fees when you sell the fund? (44:16)
- Upside & downside capture (45:24)
- Sharpe ratio, sortino ratio (46:24)
- Closing remarks (47:59)
Jeremy's email: [email protected]
Jeremy's website: https://nesbittburns.bmo.com/donath.disabatino/
My email: [email protected]
My website: [email protected]
LinkedIn: https://www.linkedin.com/in/yatin-chadha-29074b109/
Instagram: https://www.instagram.com/beyond.md/