Fidelity Canadian Large Cap Fund
If you have held this fund for the past quarter, you no doubt saw a pretty nice jump as it handily outpaced both the index and its peer group. This outperformance came from a couple of sources including its significant global equity exposure, which is currently just under 50%. Another source of return came from its significant holdings in both Shoppers Drug Mart, and Loblaws. Both of those names...
Read MoreTD Canadian Core Plus Bond Fund
During the quarter I replaced the TD Canadian Bond Fund with the TD Canadian Core Plus Bond Fund on my Recommended List of Funds. The reason that I made the move was that I believe that the Core Plus Bond is better positioned for the current and expected fixed income environment. About 70% of the Core Plus Bond is managed in a near identical fashion to the TD Canadian Bond Fund. This portion...
Read MoreRecommended List of Funds – June 2013
Please download the full report here. During the quarter, I made a number of changes to the list. They are: PH&N Short Term Bond & Mortgage Fund – With increased volatility in the fixed income markets likely from here on in, many investors may be looking to shorten the duration of their bond holdings. This is one of the best ways to do that. It invests in short term bonds with less...
Read MoreRecommended List of Funds – March 2013
Please download the full report here. During the quarter, we made a number of changes to our list. They are: Dynamic Advantage Bond Fund – During the quarter we removed the Dynamic Canadian Bond and replaced it with the Dynamic Advantage Bond Fund. In reviewing the two funds, it is our opinion that the Dynamic Advantage Bond Fund is better positioned for the current environment. First, it...
Read MoreRecommended List – December 2012
Please download the full report here. During the quarter, there were no additions and one deletion to our Recommended List. Notes: Trimark Fund – Effective immediately, we are removing the UNDER REVIEW rating from the Trimark Fund. The management team has been running the fund since April 2011. Since that time, the risk reward profile of the fund has improved, and we have developed a level...
Read MoreRecommended List – September 2012
Please download the full report here. During the quarter there were no additions or deletions to our Recommended List.
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