Mackenzie Ivy Foreign Equity Fund
This is another one of my favourite global equity funds, particularly for periods of higher than normal volatility. When volatility returns, and mark my words, it will, this is the global equity fund you will want to be holding. In a down market, it holds up significantly better than other global equity offerings. For example, in 2008 when the average fund was down 30%, it was down only 6.7%,...
Read MoreMackenzie Ivy Canadian Fund
Like all Ivy branded funds, the Canadian equity offering is well regarded for its ability to withstand market selloffs better than most. It used to be the biggest knock on this fund was that you would be left way behind when equity markets were rallying. That still holdstosomeextent, but it is much better than it used to be. If I look at its upside capture ratio, which measures how well a fund...
Read MoreCI Cambridge Canadian Equity Corporate Class
Managed by Brandon Snow of CI’s Cambridge Advisors Team, this Canadian focused equity fund invests in large and mid-sized companies that have a defensive business model, a history of intelligent capital allocation, and a management team whose interests are aligned with the shareholders. The bottom up approach is very active and will increase dramatically in periods of rising volatility, as they...
Read MorePIMCO Monthly Income Fund
Since its launch in January 2011, this global bond fund has consistently been one of the top performers, both on an absolute and risk adjusted basis. For the three years ending June 30, it has gained an annualized 13.5%, whichis nearly three times the category average. It has outperformed the index nearly 70% of the time, and has been up when the broader bond market is falling. It is managed...
Read MoreDynamic Advantage Bond
ThemainreasonIlikethisfundisitsdefensivepositioning. While I am not expecting that rates will shoot substantially higher in the second half of the year, the reality is that there will be upward pressure on rates sooner than we’d like. And when that happens this is the traditional bond fund you will want to own. It has historically held up better than its peers when the bond markets are falling...
Read More