PowerShares FTSE RAFI Canadian Fundamental (TSX: PXC)
The theory of a fundamentally constructed ETF is very sound. Instead of building the portfolio based solely on the market capitalization of a stock, as is done in traditional indexing, fundamental ETFs use factors that are believed to better predict outperformance. These factors include sales, cash flow, book value, and dividends. The main criticism with a traditional cap weighted index is the...
Read MoreiShares 1-5 Year Laddered Corporate Bond
Investing in a laddered portfolio of credits with maturities between one and five years, it offers both a higher yield and shorter duration to the iShares Canadian Short Term Bond Index ETF. Barring a complete collapse in the credit markets, I would expect that higher yielding corporate bond names will outperform government issues, even in the shorter part of the curve. That makes this my top...
Read MorePowerShares Tactical Bond ETF (TSX: PTB)
With the U.S. Federal Reserve widely expected to finally begin moving interest rates higher in September, volatility in rates is likely to emerge. In a volatile environment, a more tactical approach can help mitigate some of that volatility and outperform. Based on that premise, I believe this rules based, tactically managed ETF should outpace its more traditionally constructed, index focused...
Read MoreiShares MSCI World (TSX: XWD)
This is designed to track the performance of the MSCI World Index, net of fees, in Canadian dollar terms. The index is largely regarded as the global equity benchmark. It provides exposure to large and mid-cap equity exposure across 23 developed market countries. It covers approximately 85% of the free float adjusted market capitalization in each, making it a decent proxy. Unfortunately, there...
Read MoreTop Funds Report – June 2015
. Download a PDF copy of this report – Investment Markets Mixed in May Canadian equities under pressure from weaker commodities May was a mixed month in the equity markets, with U.S. equities rising, while Canadian, European and Asian markets finished lower in U.S. dollar terms. However, with the Canadian dollar continuing its slide against the greenback, investors in unhedged investments...
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