At a glance:
Advisory Highlight – HOOPP & the Retirement Equation
- Ontario physicians can now access HOOPP through their Medicine Professional Corporations (MPCs), introducing new retirement planning opportunities.
- Our analysis models scenarios where HOOPP makes sense, and times other options like RRSPs, IPPs, or corporate savings may be better aligned.
- Through our Retirement VIEW Plan, we help physicians assess timing, contributions, and trade-offs within the broader context of their long-term financial goals.
Market Review
- U.S. markets swung sharply in Q2 — first shaken by sudden tariff announcements, then buoyed by policy reversals and strong tech leadership.
- Canadian equities proved resilient, led by gold and dividend-paying sectors, with the TSX finishing strong despite trade spillover risks.
- Europe lost momentum as U.S. markets rebounded and Asia saw mixed results — highlighting ongoing uncertainty in global trade.
Investment Theme – Investing for Longevity
- As populations age, we see enduring demand across the healthcare system — not just in treatment, but in prevention, recovery, and quality of life. Our longevity theme focuses on businesses delivering meaningful impact and durable, recurring cash flows.
- We invest across the full spectrum of longevity-related opportunities — from advanced diagnostics and biotech innovation to care infrastructure and real estate — targeting areas where demographic tailwinds and business fundamentals intersect.
Portfolio Highlights
- Intuitive Surgical: A leader in minimally invasive robotic surgery with strong margins, no debt, and growing global adoption.
- Encompass Health: A recovery-focused healthcare provider with stable occupancy and rising demand from aging populations.
- Together, these positions anchor our long-term thesis on demographic transformation.
Tall Oak Pooled Funds
- Capital Appreciation Pool: Positioned for long-term growth with a disciplined mix of quality equities, fixed income, and alternatives.
- Diversified Income Pool: Focused on stable dividends and consistent returns through high-quality bonds, income-oriented alternative investments, and dividend-paying equities.
The views expressed in this commentary are those of Tall Oak Capital Advisors as at the date of publication and are subject to change without notice. This commentary is presented only as a general source of information and is not intended as a solicitation to buy or sell specific investments, nor is it intended to provide tax or legal advice. Statistics, factual data and other information are from sources Tall Oak believes to be reliable but their accuracy cannot be guaranteed. This commentary is intended for distribution only in those jurisdictions where Tall Oak Capital Advisors are registered. Securities-related products and services are offered through Raymond James Correspondent Services Ltd., member Canadian Investor Protection Fund. Insurance products and services are offered through Gryphin Advantage Inc., which is not a member-Canadian Investor Protection Fund. This commentary may provide links to other Internet sites for the convenience of users. Tall Oak Capital Advisors is not responsible for the availability or content of these external sites, nor does Tall Oak Capital Advisors endorse, warrant or guarantee the products, services or information described or offered at these other Internet sites. Users cannot assume that the external sites will abide by the same Privacy Policy which Tall Oak Capital Advisors adheres to.
