Cambridge Pure Canadian Equity
Since its September 2012, this Brandon Snow managed small cap offering has handily outpaced both the benchmark and its peer group. For the year ending June 30, it gained a staggering 48%, while the BMO Canadian Small Cap Index was down 1%. While this outperformance is impressive, it is not sustainable, and I expect that over time, we’ll see it return to a more normalized level. This fund is very similar to the CI Cambridge Canadian Growth Companies Fund, except that this offering is more Canadian focused.
Read MoreCI Cambridge Canadian Growth Companies
Since its September 2012, this Brandon Snow managed small cap offering has handily outpaced both the benchmark and its peer group. For the year ending June 30, it gained a staggering 44%, while the BMO Canadian Small Cap Index was down 1%. While this outperformance is impressive, it is not sustainable, and I expect that over time, we’ll see it return to a more normalized level.
Read MoreTop Funds Report – June 2013
Download the PDF Version of this Report Bond yields spike higher on Fed fears Investors speculate that Fed will end quantitative easing program sooner than expected Yields on the benchmark ten year government bonds rose on these rumblings, with the Canadian ten year moving from 1.69% to 2.06%, and the U.S. ten year rose to 2.16% from 1.87%. This caused a selloff in the bond markets, with...
Read MoreFed uncertainty pushed yields higher
Global equity markets posted gains in May, with the U.S. leading the charge higher on improving economic data. For the seventh month in a row, the index was in positive territory. The S&P 500 rose by 2.3% in U.S. dollar terms, but when the affect of a surging U.S. dollar is taken into account, the gain was 5.3% in Canadian dollar terms. Fueling the gains was news that housing sales were...
Read MoreModel Portfolio Review – May 2013
The winning streak continues, with all portfolios posting gains in May. Surprisingly, even the fixed income heavy Conservative portfolio was up, rising a modest 0.14% in the month, the tenth positive month in a row. It also handily outpaced its benchmark as the PH&N Bond and Manulife Strategic Income funds held up better than the DEX Bond Universe. The equity funds were all positive...
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