PIMCO takes Canada by storm
A quick overview of fund giants Canadian offerings With over $1.8 trillion in assets under management, Newport Beach based PIMCO is one of the world’s most respected money managers. Founded in 1971 by Bill Gross, Bill Podlich and Jim Muzzy, PIMCO was the first to bring the concept of an actively managed bond portfolio to the mainstream. Over the years, Bill Gross has become one of the most...
Read MoreRBC Monthly Income Fund options
Some good alternatives for registered accounts Anybody who has followed this newsletter for a while knows that the RBC Monthly Income Fund has been one of our favourites. A quick look at the fund and it is not hard to see why. This low cost, conservatively managed balanced fund has rewarded investors with steady, stable performance that has consistently outpaced its benchmark and peer group. The...
Read MoreCorporate class funds can help reduce taxes
Question – What are the advantages of using a corporate class fund in non registered accounts? Answer – Quite simply the main advantage of corporate class funds is lower taxes. This happens because their unique structure allows for a couple of neat features. They are: i.) Tax Deferred Switching – When you invest in corporate class funds, you are able to switch between funds in...
Read MoreMutual Funds and ETFs Update – September 2012
In this edition, we review our ETF Recommended List and our Couch Potato Portfolios. With markets expected to be highly volatile, we highlight some of the funds that have historically shown the best performance in down markets. PIMCO, the U.S. fund giant has made some inroads in Canada of late. This month, we take a quick look at thier offerings and highlight a few of their funds we believe will be strong performers. We also examine some alternatives to the RBC Monthly Income Fund, which is not available in registered plans.
Read MoreCI Global Health Sciences Fund
As we pointed out in our last review in March 2012, volatility had been increasing which had been causing us some concern. While five months may not be a long enough period on which to judge, we have noticed that volatility appears to have stabilized, which provides us with some level of comfort and reinforces our view on the fund.
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