Investment Fund Ranking Report – July 2015
Each month, we analyze more than 1500 mutual funds, pooled funds, and hedge funds putting them through our proprietary quantitative valuation model. We then prepare our Monthly Fund Ranking Report which rates and ranks each of the funds in our universe. You can download our July 2015 Investment Fund Ranking Report here.
Read MoreTop Funds Report – July 2015
. Download a PDF copy of this report – Bank of Canada Cuts Rates Economic data remains weak. Further cuts remain on the table… With the Canadian economy continuing to struggle, Bank of Canada Governor Stephen Poloz cut the Bank’s key overnight lending rate by 0.25% to 0.50% on July 15. Further, the Bank cut its forecast for the Canadian economy, with GDP now expected to be a mere...
Read MorePowerShares Canadian Preferred Share Fund
I’m a little surprised to see a preferred share fund on the worst of the year list. Typically, prefs are thought of as fairly conservative investments, and they tend to hold their value fairly well. Unfortunately, this year has been an exception to that, with preferred shares, particularly fixed rate reset preferreds being hit especially hard after the Bank of Canada’s rate cut. With a dividend...
Read MoreAston Hill Energy Growth Class
In hindsight, it would have been pretty tough to find a worse time to launch an energy fund. Launched back in March 2014, oil was trading north of $100 per barrel. Investor demand was strong, and all looked good. The fund was doing okay, keeping pace with its peers. Then in June, the oil market started its free fall, taking this fund down with it. In the past year, it has lost 61%, losing 21.3%...
Read MoreMarquest Explorer Fund
Generally I don’t like to write anything bad about a fund. I will try to keep to that, but it may be difficult to do. So far this year, it has lost nearly 27%. But digging deeper, it is not that difficult to see why. This fund is a bit of a special situation in that it invests in small and mid-cap mining stocks that are rolled into upon expiry of Marquest flow through funds. Flow through shares...
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