Fidelity Canadian Large Cap Fund
If you have held this fund for the past quarter, you no doubt saw a pretty nice jump as it handily outpaced both the index and its peer group. This outperformance came from a couple of sources including its significant global equity exposure, which is currently just under 50%. Another source of return came from its significant holdings in both Shoppers Drug Mart, and Loblaws. Both of those names...
Read MoreTD Canadian Core Plus Bond Fund
During the quarter I replaced the TD Canadian Bond Fund with the TD Canadian Core Plus Bond Fund on my Recommended List of Funds. The reason that I made the move was that I believe that the Core Plus Bond is better positioned for the current and expected fixed income environment. About 70% of the Core Plus Bond is managed in a near identical fashion to the TD Canadian Bond Fund. This portion...
Read MoreRecommended List of Funds – June 2013
Please download the full report here. During the quarter, I made a number of changes to the list. They are: PH&N Short Term Bond & Mortgage Fund – With increased volatility in the fixed income markets likely from here on in, many investors may be looking to shorten the duration of their bond holdings. This is one of the best ways to do that. It invests in short term bonds with less...
Read MoreModel Portfolio Review – June 2013
With bond and equity markets ravaged by uncertainty, our portfolios’ streak of positive months ended in June, with all in the red for June. With bond yields skyrocketing, it was not surprising to see our fixed income heavy Conservative Portfolio sink by 1.6% in the month. While this is disappointing, thanks to a 1.2% gain in the Mackenzie Ivy Foreign Equity Fund, it managed to modestly outpace...
Read MoreTop Funds Report – July 2013
Download the PDF Version of this Report Fed Fears Continue to Spook Markets Investors sell bonds, equities and commodities in anticipation of the end of QEIII June proved to be a rough month on the markets as traders continued to digest comments from the U.S. Federal Reserve Chairman Ben Bernanke about the eventual end to the $85 million bond buying program. Many took these comments to...
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