CI Signature High Income Fund
In April, it was announced that Ryan Fitzgerald, co-manager of the fund had moved over to the Harbour Team, where he was appointed lead manager of the CI Harbour Fund, CI Harbour Global Equity, and CI Harbour Voyageur.
Read MoreTrimark U.S. Small Companies Class
With an average 23% cash weighting, the fund was able to outpace both its benchmark and peers in the first quarter. With U.S. small cap names selling off, the high cash balance helped to provide a buffer to this downside.
Read MoreIA Clarington Canadian Small Cap Fund
With a top quartile gain of 5.25%, the fund continues to deliver above average returns, with lower than average volatility. The managers use a fundamentally driven, bottom up investment process that looks for high quality businesses, run by strong management teams that are trading at attractive valuations
Read MoreFidelity Canadian Large Cap Fund
Despite lagging the S&P/TSX Composite Index, the fund still managed to outpace most of its peers in the first quarter. Much of this outperformance happened in January and February, when its underweight exposure to energy names and foreign holdings helped. However in March, with energy on the rebound and the Canadian dollar rising against the U.S. greenback, the fund lagged its peers.
Read MorePH&N Monthly Income Fund
With some level of stability returning to the energy markets, this Canadian neutral balanced fund rebounded nicely in the first quarter. The advisor sold units gained an impressive 3.25%, outpacing its benchmark and peer group. While this is encouraging, it is not enough for me to keep it on the Recommended List. While the bond portion is solid, the equities have been merely average. Returns...
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