Governance blue_square_70

Focus on Integrity, Accountability, Responsibility

Corporate governance and oversight at Genus extend beyond compliance with legal and regulatory requirements. They provide a framework for establishing and maintaining a culture of business integrity, accountability, and responsible business practices.

Board of Directors

The Genus Board of Directors provides management oversight and guides the firm’s strategic direction.

Established in 2008, the board is chaired by founding partner, Leslie G. Cliff, who also serves as Director of Wealth Management. The board includes founding partner Wayne Wachell, who serves as CEO and Chief Investment Officer, and J.P. Harrison, Partner and President. Ken Woods, an outside shareholder of the firm, serves as an advisor to the board.

Ethics and Standards

As a Vancouver, B.C. firm established in 1989, we remain independently owned by our partners. We are proud to be one of the few investment management companies who can offer advice that is free from outside business influences. As a Genus client, it’s also nice to know that our portfolio managers earn no more or less based on the recommendations they make. In other words, your success is our success and you can be certain we will always put your interests first.

Portfolio Management Association of Canada

Genus is a member in good standing with the Portfolio Management Association of Canada (PMAC). The association is the representative organization for Investment Counsel and Portfolio Managers in Canada. Member firms are only in the business of managing investments for clients in keeping with each client’s needs and objectives and risk tolerance.

National Instrument 24-101 Trade Matching & Settlement Statement

The Genus National Instrument 24-101 Trade Matching & Settlement statement can be viewed here:Genus NI 24-101 Statement

Canadian Coalition for Good Governance

Genus is a member of the Canadian Coalition for Good Governance. The Coalition is a not-for-profit corporation and has 44 members with approximately $1.4 trillion in total assets under management. The Coalition promotes good governance practices in Canadian Public Companies listed on the S&P/TSX Composite Index and advocates the improvement of the regulatory environment to best align the interests of boards and management with those of their shareholders.

Custodial, Audit and Legal

The Genus components (funds) are governed by a Trust indenture between RBC Investor Services as trustees, and Genus Capital Management as manager. RBC serves as the custodian and record keeper for our pooled funds. The Genus components are audited annually by Ernst & Young LLP, Chartered Accountants. Legal services are provided by Lawson Lundell LLP.

Investment Management Fees

The fees charged by Genus are for investment management only and are calculated as a percentage of assets under management.