CG Wealth Management July Newsletter
Personal Note From Chris Getzlaf
As we closed out the month of June, marking the end of quarter two (Q2) and nearing the half way mark of 2025, I wanted to update you all on some exciting work that the team has been undertaking.
New Portfolios
A little over a week ago, CG Wealth has officially launched a Separately Managed Account (SMA) and have developed three new portfolios with the SMA as a major component within each. The three new portfolios are CG Equity SMA, CG Growth SMA, and CG Balanced SMA.
In simple terms, a SMA is a portfolio of individual securities managed by a professional asset manager on behalf of a single investor. The expertise and experience that Braydon brings from his previous background has greatly enabled the firm to build the SMA and begin offering the three new portfolios.
Extensive research and analysis has and will continue to go into the picking of securities that are held within the SMA. Regulatory oversite by our back office and governing body ensures compliance requirements are continuously met and upheld.
We launched the SMA and created the new portfolios because we believe they will provide a competitive rate of return relative to the market and add additional alpha to our clients’ portfolios while reducing overall fees. Discussion with clients who meet the threshold to hold one of the new SMA portfolios will occur as meet throughout the year.
Monthly Statements
A general note to all our clients, that as of August 1st, 2025, IPC (our head office) will begin charging your accounts for paper copies of your monthly statements. For those who have elected to receive electronic copies, there is no cost to you, and nothing will change. For the majority of those who still receive paper copies of your monthly statements, we will be opting you in to receive electronic copies of your monthly statement to avoid any charges to your accounts. At some point within the next month, you can expect us to send you your online login information via DocuSign so that you can access your online statements and view your account values.
Calendly
A note that within the last year, we have began using a new booking software system for client meetings called Calendly. Calendly allows you to look at my schedule and select a time that works for the both of us for a meeting. So, if you receive a Calendly invite from our reception, myself, or one of my assistants, please take a look through available times to book an appointment.
To all our valued clients, I wish you all the best wherever you’re reading this and hope that remainder of July is great for you all. Be sure to take some time and enjoy all that summer has to offer.
-Chris Getzlaf, Partner at CG Wealth Management
Market Updates
The top headlines in the market in April were:
Robust momentum in the U.S., uneven elsewhere: Despite recent volatility in the U.S. markets, the S&P 500 is nearing record highs and U.S. earnings growth expectations remain constructive. Following a roughly 25% surge from its April lows, the S&P 500 notched its best quarter since December 2023.
Canadian Markets Inch Higher Despite US Trade Negotiations: In June, the S&P/TSX was up over 3.7%. This positive month added to the over 9% gain the Canadian market experienced in Q2.
Macroeconomic Updates
The top headlines in the macroeconomic sphere in April were:
12-Day War in the Middle East: On June 13, Israel launched "Operation Rising Lion", which targeted Iran’s nuclear and military sites. In retaliation, Iran launched missile and drone strikes across Israel. On June 22, the U.S. entered the conflict by conducting stealth bomber strikes on the Iranian nuclear facilities of Fordow, Natanz, and Isfahan. Just two days later, the U.S. administration brokered a ceasefire between Israel& Iran. The conflict drove market volatility in Canada and the U.S., with oil prices spiking before stabilizing post-ceasefire.
Canada hosts the G7: The 51st G7 Summit was held in Kananaskis, Alberta, during the middle of June. The focus of conversation between the seven leaders that comprise the G7 (Canada, U.S., Japan, France, UK, Germany, and Italy) were global economic stability, energy security, and international peace.
Interest Rates Hold in Canada & US: in both Canada & U.S., national interest rates were held. In Canada, the interest rate remains at 2.75%, and in the States, 4.50%. The underlying argument for the recent holds by the heads of each nation’s central banks were a combination of global trade negotiations, un-realized tariff impacts, and potential inflation risks as a result of sharp increase in global oil prices because of unrest in the Middle East.
Learn: Compounding, the 8th Wonder of the World
One of the most powerful tools in wealth creation is the concept of compounding. Compounding is the process where investment’s earnings, such as interest, dividends, or capital gains, are reinvested with the original amount you had invested to generate additional earnings over time.
Compounding allows your investments to grow exponentially over time, as your earnings generate additional earnings, creating a snowball effect that can significantly enhance your financial future.
The key to unlocking compounding’s potential is time. Starting early gives your investments more years to grow, amplifying the effect. For example, investing $5,000 annually from age 25 to 65 at a 7% annual rate of return could grow to over $1.1 million by retirement.
Waiting until age 35 to start? That same strategy might yield only $540,000—a difference of over $600,000.
To harness compounding:
Start Early: Even small contributions can grow substantially over decades.
Stay Consistent: Regular investments, even in volatile markets, benefit from dollar-cost averaging.
Reinvest Earnings: Dividends and interest should be reinvested to fuel growth.
Be Patient: Compounding rewards those who stay invested for the long term.
Do you want your money to start compounding? The team is looking forward to helping you plan to prosper.
