Multi-Manager Investing Why consider the multi-manager approach?Multiple benefits of multi-manager investing The benefits of using a multi-manager in an increasingly regulated environment Multi-manager investment vehicles (1) Multi-manager investment vehicles (2)Personal Investing Emotional investingTax-Free Savings Accounts (TFSAs)Tax deductible contributionsPart 2 - Tax deductible contributionsPart 3 – Tax deductible contributionsCapital Gains Tax - frequent switchingTax treatment of income distributionAsset Class Investing Introduction of REITSOffshore Investing Capital Gains Tax - rand or foreign denominated portfolio