Dynamic American Value
One of my core beliefs about investing is that if you can minimize the risk, the return will take care of itself. This David Fingold managed fund is one of the best out there at managing the downside risk of the markets. When I look at its downside capture ratio, which measures how the fund has performed compared with its benchmark in falling markets, it has consistently been one of the best funds in down markets. The unfortunate drawback is that of late, this defensive positioning has also dragged the upside performance, resulting in chronic underperformance.
Read MoreEdgePoint Canadian Growth & Income Portfolio
Their investment philosophy is conceptually very simple – they are long term investors looking to buy an ownership stake in a small number of high quality businesses at prices that are below their estimate of its true value. For the equity sleeve of the fund, they employ a fundamentally driven, bottom up investment process that is based on the old Trimark approach.
Read MoreRBC Global Precious Metals
Fund Company RBC Global Asset Management Fund Type Precious Metals Equity Rating C Style Mid Cap Growth Risk Level Very High Load Status No Load / Optional Manager Chris Beer since March 2003 Brahm Spilfogel since April 2007 MER 2.14%$ Code RBF 468 – No Load Units RBF 774 – Front End Units RBF 865 – DSC Units Minimum Investment $500 Analysis: If you are an investor with a strong appetite for...
Read MoreHSBC Monthly Income Fund
As the name suggest, this fund looks to deliver a consistent monthly income, while preserving capital over the long term. It pays a monthly distribution of $0.02 per unit, which works out to an annualized yield of 2.5%, which is pretty low by income fund standards.
Read MorePH&N High Yield Bond Fund
If you don’t already own units of this great fund, then you are out of luck. It has been capped since November 2010, and there has been no discussion of reopening it anytime soon.
Read MoreHSBC Canadian Bond Fund
The HSBC Canadian Bond Fund is a pretty run of the mill bond fund that invests in a mix of Canadian corporate and government bonds, as well as some exposure to mortgages. Looking at the current asset mix, it is overweight in both corporate bond and mortgages, which is prudent given the interest rate environment. Combined, this will result in a lower sensitivity to interest rates than the broader bond market. Given the rate outlook, the managers expect to keep this positioning over the near term.
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