T.E Wealth Management Report (Excerpted from TLE Trust Administration Report 2016)

 

As it turned out, 2016 was a positive year for most portfolios and we had a good quarter to close it out.
With respect to the Peguis First Nation TLE Trust, we are pleased to report that the combined Trust holding remained positive under the investment management of Beutel Goodman and Mawer Investment Management, up $.26% (or a gain of $1,724,493) over the last twelve months.

Furthermore, over the long term and since inception of the Trust, the combined holdings have recognized an annualized return of 6.82% (or a gain of $20,010,635) which has added value over and above the market benchmark return of 5.85% and the investment policy’s average annual return target of 5.50%.

TLECtyfund
TLEImplementationFund