Industry

Equity fund returns fall in October: Morningstar

The leaves on Canada’s maple trees weren’t the only things turning red in October. Stock markets ended their seven-month growth streak, sending the monthly returns of most equity funds into the red as well, according to data from Morningstar Canada. Only nine of 43 mutual fund indexes tracked by Morningstar turned in a positive performance, […]

By Steven Lamb |November 3, 2009

2 min read

Briefly:

Most Canadians are not comfortable with their current financial situations and feel they lack the knowledge to build wealth for the long term, according to a survey conducted for Tigrent Inc. The survey, which included American and British respondents as well, found that 53% of Canadians felt that they had insufficient investment knowledge and that […]

By Staff |November 3, 2009

2 min read

Collaborate before clients consolidate debt

If I had a magic wand I’d wave it, take my clients back in time to before they consolidated any debt and then help them make better decisions. Debt consolidation can be a great strategy, but it can also cause a world of hurt if clients don’t understand their options and don’t change the behavior […]

November 2, 2009

5 min read

Active managers fall back: SPIVA

The number of active fund managers able to beat their benchmarks has dwindled after a period of strong performance during the market downturn, according to the third quarter Standard & Poor’s Indices Versus Active Funds Scorecard (SPIVA). Overall, 36% of active Canadian equity managers delivered returns superior to their benchmarks. Performance was slightly weaker among […]

By Steven Lamb |November 2, 2009

1 min read