Couch Potato Portfolio gains nearly 3%
Central bank easing plans push equity markets higher It was a modestly positive quarter for our Couch Potato Portfolio which gained 2.75% for the three months ending October 31, 2012. With the U.S. Federal Reserve announcing plans for another round of quantitative easing and the European Central Bank announcing an unlimited bond buying program, investors’ appetite for risk returned in a big way,...
Read MoreChanges at CI Harbour
Harbour Managers switch up duties, create much needed succession plan Over the years, one portfolio management team that has consistently been at or near the top of our list of favourites has been the group at Harbour Global Advisors. Formed in 1997 by Gerry Coleman and Stephen Jenkins, Harbour managed funds tend to be low turnover, high conviction portfolios made up of high quality, best of...
Read MoreBeware of funds bearing “gifts”
Year end fund distributions can create tax headaches for some investors One question that I often get asked by investors is “when is a good time to invest?” Generally, the answer is to invest when you have the money and put it into a well diversified portfolio that is in line with your investment objectives, risk tolerance and time horizons. If you are looking to invest in a non registered...
Read MoreLooking for the best way to generate tax efficient income
Q. – We will be inheriting approximately $100,000 in the next few weeks. What is the best way to invest the money to receive approximately $5,000 per year in a tax efficient manner? Would T-Series mutual funds such as the CI Signature High Income Fund be a good option? A. – First, let me say that there is no universal “best” way to achieve what the reader is asking. Everybody’s situation...
Read MoreNavigating the Fund Code Jungle
Perhaps one of the most frequent questions that we receive from investors is how to go about finding the right mutual fund code for their investment. There is no doubt that this can be a big challenge for both investors and advisors alike. Along with there being literally thousands of mutual funds available in Canada, most have several different series or classes that are available that further...
Read MoreMutual Fund Recommended List Review
Central bank easing pushes global equities higher Market Recap Late in the quarter U.S. Federal Reserve Chairman Ben Bernanke announced a $40 billion per month plan to buy up mortgage backed securities indefinitely, and a pledge to keep interest rates extremely low until at least mid 2015. Also in September, European Central Bank President Mario Draghi announced his plan to inject liquidity into...
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