New Fund Rating System Launched in 2015
When I first started providing a rating on mutual funds back in 2002, I developed a formula that considered a number of key performance and risk metrics. It looked at absolute return, relative return, volatility and relative volatility. It also took into account the length of track record of a fund when determining the rating for a fund. It seemed to work very well over the years, but its...
Read MoreMutual Funds/ETFs Update – October 2013
Volume 19, Number 10 October, 2013 Single Issue $15.00 PDF Version of this issue WHAT’S NEW Trouble in LSIF land – Last month, GrowthWorks Canadian Fund Ltd. announced it was filing for bankruptcy protection. The struggling labour sponsored investment fund (LSIF) claims it does not have enough cash on hand to satisfy its outstanding obligations. This is the latest in a long line of LSIF’s to run...
Read MoreMutual Funds/ETFs Update – September 2013
PDF Copy of this Edition What’s New Change in publication dates – Starting this month, we will be publishing the Mutual Funds / ETFs Update on the 10th of each month. This change will take the guesswork out of when you will be receiving our detailed and timely analysis of the Canadian mutual fund and ETF landscape. ETFs see outflows in August – Canada’s red hot ETF market took a breather...
Read MoreMutual Funds/ETFs Update – August 2013
PDF Copy of this Edition What’s New Vanguard surpasses $1 billion in Canada – In just over the year and a half since their arrival in Canada, Vanguard Investments surpassed the billion dollar mark in their family of 11 low cost ETFs. To celebrate, the firm filed a preliminary prospectus that includes seven new exchange traded funds. New offerings include the Vanguard FTSE Canadian All Cap...
Read MoreMutual Funds/ETFs Update – July 2013
PDF Copy of this Edition What’s New Canadian ETF industry continues to grow – Investors continue to love their ETFs, as industry assets passed the $60 billion mark in May according to a report published by National Bank Financial. BlackRock’s iShares continues to be the dominant player in terms of assets, but it is BMO that is leading the charge in sales. The report estimates that BMO saw net...
Read MoreMutual Funds/ETFs Update – June 2013
PDF Copy of this Edition What’s New Many Investors sitting on big cash balances – According to a recent poll conducted on behalf of investment dealer Edward Jones, Canadian investors have 13% of their portfolios invested in GICs. Further, 25% of those surveyed said that they intend to buy GICs this year, further adding to their cash balances. GIC rates remain very low, with five-year GICs paying...
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