FAQs

Q?

how frequently are your model portfolios re-balanced?

A.

Every year, or unless otherwise warranted due to significant stock price movements in a particular position, SEENSCO re-balances the model portfolios to keep performance aligned with the best performing stocks in our coverage universe. This annual process ensures that the portfolios are regularly updated in a systematic manner and our one-time annual subscription fee ensures that you are able to benefit from our re-balancing without incurring additional costs. SEENSCO's re-balancing process involves completely re-running our MVO procedure. This ensures that new attractive, undervalued, positions are put to work and overvalued positions are removed from the portfolios. By re-balancing the portfolios in this way, we increase the probability of portfolio growth. It also helps investors determine where to reallocate their capital gains.

Q?

Are your model portfolios composed of only american stocks?

A.

We build our Model Portfolios using the highest calibre American and Canadian stocks without bias or conflict of interest. As a result, each portfolio contains stocks listed on the largest exchanges. We have carefully chosen each stock to balance various considerations including: market sentiment, volatility, value, earnings strength, balance sheet health, and cash-generation power. SEENSCO continually monitors the ever-changing American and Canadian economic and capital market environments to ensure it has great stocks in each portfolio.

Q?

what are your thoughts on using advisors vs. do-it-yourself investing?

A.

In our experience, it seems that most investors today want the best of both world's. Many individuals out there don't need an advisor at all. They understand their financial health and are fully capable of undertaking their own research. We also live in a world where there are great valuation and analytical tools available designed to inform and guide investors.

There are various benefits to do-it-yourself investing, including the following:

  1. You are in full control of your money.
  2. You save significantly on fees and transaction costs.
  3. There is the potential for higher risk-adjusted returns.
  4. You avoid adviser bias--adviser recommendations that are based on an adviser’s compensation rather than clients' interests.
  5. You can access a larger choice of investments than many advisers will offer.

On the other end of the spectrum, many individuals prefer to have financial advisers make their investment decisions. A good financial advisor will be well educated and well versed in investing, accounting, financial analysis and economic principles and will be determined to assist clients in an unbiased, objective manner, providing guidance as needed. A good financial adviser should also function as a non-emotional, detached, sound-board when markets are booming and execute effective re-balancing strategies. Similarly, when markets are falling, a good adviser should help investors keep an eye on their long-term goals and prevent them from panicking and selling their investments at inopportune times. Advisers can provide substantial assistance, unfortunately, many don't do the right things and don't put their clients' interests first. More common than not, advisers encourage clients to invest in expensive products, such as excessively high-priced mutual funds and other more expensive investment vehicles that provide large commissions for advisers but little overall value to the investor.

So what do you do? On one hand you might not have the time to build and maintain a complex and successful portfolio on your own. On the other hand, you don't want to hire an advisor that is more interested in commissions than in growing your wealth. Why can’t there be a service that offers both an element of control, visibility, and transparency combined with the knowledge guidance of a financial professional?

The answer to the question: there is! SEENSCO model portfolios are professionally structured  portfolios designed to assist investors to obtain the best possible investment results while saving time and money. SEENSCO model portfolios have been created with a customized mean-variance optimization procedure aimed at delivering risk-return profiles in line with the needs of many different types of investors. The portfolios are carefully constructed with an assortment of American and Canadian stocks, which provide low-cost access to the stock selections of professional analysts.

Q?

Are your model portfolios appropriate for passive investors?

A.

SEENSCO model portfolios are designed for medium- to long-term investors that want access to professionally structured, low cost, well diversified, portfolios of stocks but do not have the time, temperament or skill-set to pick individual investments and re-balance their own investment accounts. It is frequently called "lazy-man investing" or "couch potato investing." But what is great about passively tracking a model portfolio is that if you disagree with any of the portfolio recommendations, or if you want to invest a portion of your money in different stocks, you can tailor it to match your desires. Model portfolios provide an ideal option for the "core" portion of your portfolio, while the rest of your money can be invested in other potentially more speculative, or even more conservative, securities or asset classes. High portfolio returns start with a powerful strategy of finding and investing in great stocks. The Core Model Portfolio is focused on delivering the best long run investment returns holding only the highest calibre companies.

Q?

Why should I invest with model portfolios?

A.

Model Portfolios provide a simple and cost effective way to earn acceptable risk-adjusted returns. There are no management fees. Pay only the trading and/or account fees charged by your discount brokerage. This means more of the returns earned stay in your pockets rather than in the pockets of the advisers. Model portfolios provide the added flexibility that you remain in complete control and can choose to adjust the recommended portfolio based on your own perspectives and projections. Portfolio holdings include only the highest calibre stocks. Additionally, most positions are highly liquid and trade only on the largest and most efficient exchanges. Model portfolios are also tax-efficient, as you can choose whether to place securities in tax-free or taxable accounts. Another one of the main reasons that our model portfolios are tax-efficient is because they are structured with a long-term view and are re-balanced annually, or as needed based on large price swings, which tends to keep trading to a minimum and results in fewer taxable gains.

Q?

Can we request that coverage of a company be added?

A.

If you'd like to suggest that a company be added please contact customerservice@seensco.com and, while we can not always guarantee that they will be added, we will do our best.

Q?

Does SEENSCO trade in the stocks it covers.

A.

Absolutely! We are confident in our valuation methodologies and don't want to pass-up the investment opportunities we identify. That being said, about 95% of the stocks we hold are Tier 1 and Tier 2 firms that have received BUY or ACCUMULATE ratings. Only on rare occasions do we purchase Tier 3 firms.

Q?

Where can I learn more about your stock selection framework?

A.

For a detailed discussion of our investment framework please view the methodology section of our website.

Q?

Who owns SEENSCO?

A.

SEENSCO is a private company with the majority of stock held by founder Daniel Seens, CFA.

Q?

Where is SEENSCO headquartered?

A.

SEENSCO is headquartered in Ottawa, Ontario, Canada.

Q?

How does SEENSCO membership work?

A.

Members pay a small monthly or annual fee, and that fee entitles them to access all of our research reports through the members dashboard any time they like. It also entitles them to weekly email notifications. You pay nothing else other than the membership fee.

Q?

What do I get?

A.

You get coverage on 100+ companies. You get downloadable and printable PDF reports. You get email notifications when price estimates are revised or companies are added/dropped. And most importantly, you get a "selective contrarian" stock selection framework founded on our principles and teachings of the world's greatest investors.

Q?

How much does it cost?

A.

Annual memberships are $74.99 and monthly memberships are $9.99, including taxes.

Q?

Why does it cost so little?

A.

For various reasons. First, we earn revenues through multiple platforms not just our website membership fees. Specifically, our individual reports are sold through third-party vendors for prices ranging from $10 to $50, per report. We also offer freelance writing services and pay-for-service portfolio management services to select clients. We generate a substantial portion of our revenues from the returns earned on the company's internal investment portfolio as well (which is composed entirely of positions from our coverage list). Second, we are prudent in terms of managing company costs. Company capital is never used to treat clients to fancy dinners, we don’t pay commission to brokers to sell products, and we don’t pay large bonuses.

Q?

How often will I get research reports?

A.

Usually two to four full company reports per month.