How do I know Bridgeport will be objective in selecting investments for my investment account?

Bridgeport is bound by securities regulation and its own policies and procedures to act in good faith and in the best interest of its clients. In addition, Bridgeport only receives compensation from its clients and does not receive any fees from third parties for recommending or selling financial products or any transaction commissions from buying and selling securities. This enables us to avoid conflicts of interest and manage client investments to maximize investment returns.

Does Bridgeport’s management invest in the same portfolios as the firm’s clients?

Yes, management has invested a substantial portion of its net worth in the same investments as those held by Bridgeport’s clients. In fact, when deciding whether to make a given investment for clients, management generally decides first whether it wishes to make a financial commitment to the investment.

Are Bridgeport’s fees deductible for personal income tax purposes?

Yes, unlike many fees imbedded in financial products such a mutual funds, Bridgeport’s investment counselling fees are generally deductible for personal income tax purposes if paid in respect of non-registered investment accounts. This can substantially reduce the after-tax cost of investment management for many clients. For more specific information about the tax deductibility of fees, we encourage our clients to consult with their tax advisors.

How does Bridgeport charge its clients for its investment counselling services?

Bridgeport charges its clients a base fee equal to a percentage of the value of the portfolio managed. This percentage is less than that charged by most mutual fund managers. In addition to the base fee, Bridgeport charges clients a fee, which is based on annual returns, achieved in excess of a predetermined benchmark. We believe this two-tiered fee structure more closely aligns Bridgeport’s interests with its clients as compared to many higher base fee structures which are often charged by investment managers regardless of actual investment performance.