RBC O’Shaughnessy U.S. Value Fund
You know a category is having a good year when the worst performing fund posts a gain of 10.5%. That is the case here. The fund is managed using a quantitatively driven approach that rates and ranks stocks on a number of quality, valuation and yield factors. While over the long term, the model tends to deliver strong returns, but, there can be periods where it underperforms, sometimes...
Read MoreRed Sky Canadian Equity Corporate Class
With a year to date loss of 3.6% (at November 30), this fund has lagged the 11% rise in the S&P/TSX Composite by a considerable margin. What a difference a year makes, as last year, it gained more than 27% and was one of the stronger Canadian focused equity funds out there. Things started to go bad for this fund in September and it never really regained its footing. Much of that can be...
Read MoreDynamic Real Return Bond Fund
When I first saw that this fund had lost 2.29% to the end of November, I honestly thought it was an error. I was surprised for a number of reasons. First, real return bonds tend often have very long time horizons, and at times trade much like a traditional long bond. Therefore, with yields dropping, one would expect a positive return. Second, the real return bond index was up more than 14% so...
Read MoreNational Bank Long Term Bond Fund
With bond yields moving substantially lower this year, it is not surprising to see that long term bonds outperform. At the end of November, the FTSE TMX Long Term Bond Index had gained more than 17%. That is why it is not really a shocker to see this National Bank offering as the top performing bond fund. It invests in a portfolio of bonds issued by Canadian governments and corporations that...
Read MoreNovember 2014 Model Portfolio Review
You can download our monthly portfolio report here. I have also tried a different format, using Morningstar to track the portfolios. You can check out that report here. I would love your feedback on which of these report formats you prefer. It was a good month for the portfolios, with all finishing November in positive territory. The Growth Portfolios were the best performers, with our Strategic...
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