RBC Balanced Fund
This is a Canadian Neutral Balanced Fund that is managed by the RBC Investment Policy Committee. There is a lot of talent on the committee including such respected managers as Stu Kedwell, Doug Raymond and Suzanne Gaynor. Unfortunately, the performance of the fund has not lived up to the talent involved in managing it. Although in fairness, that may have as much to do with the size of the fund and the fund as it does the team involved. At $7.4 Billion in assets, the fund holds 375 stocks and 175 bonds.
Read MoreTD Real Return Bond Fund
One of the biggest threats to the fixed income component of one’s portfolio is the impact inflation can have on its value. One product type which can help to address this erosion of value is a real return bond fund. Real return bond funds invest in real return bonds, which are bonds that adjust both the coupon payment and the principal value based on the level of inflation in the economy.
Read MoreDynamic Canadian Bond
Fund Company Dynamic Funds Fund Type Canadian Fixed Income Rating $$ Style Yield Curve Management Risk Level Low Load Status Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Michael McHugh since December 1998 MER 1.54% Code DYN 042 Minimum Investment $500 Analysis: The biggest drawback to the Dynamic Canadian Bond Fund is it’s relatively high MER. The MER is...
Read MoreRBC Canadian Dividend Fund
Fund Company RBC Global Asset Management Fund Type Canadian Dividend & Income Equity Rating $$ Style Large Cap Value Risk Level Medium Load Status No Load RRSP/RRIF Suitability Good TFSA Suitability Good Manager Stuart Kedwell since April 2007 Doug Raymond since April 2007 MER 1.77% Code RBF 266 Minimum Investment $500 Analysis: With assets of just under $13 billion, the RBC Canadian...
Read MoreFidelity Canadian Asset Allocation Fund
After the March and April departures of long-time managers Bob Swanson and Brandon Snow, the management team of the Fidelity Canadian Asset Allocation Fund underwent a significant restructuring. Geoffrey Stein and Derek Young stepped into the lead manager role and it took the responsibility of leading Fidelity’s fixed income and equity teams. In the simplest of terms, this fund is essentially a fund of fund, where the lead managers will set the asset mix of the Fidelity Canadian Asset Allocation Fund by adjusting the mix of a number of sub portfolios.
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