Industry

Funds reward risk, but sales remain slow

Investors were rewarded for taking on more risk in the third quarter as small-cap and sector-specific mutual funds led the pack, according to the latest analysis of returns from Morningstar Canada. Of the 43 Morningstar Canada fund indices, 41 turned in a positive return, with 13 posting double-digit percentage gains. The top performer was the […]

By Steven Lamb |October 2, 2009

3 min read

Mutual fun: Our Friday financial funnies

Advisors are funny. You prove that to us every week. Here’s the best from this week’s crop of stories advisors across Canada shared with us about the funny side of the investments business. Plan Ahead An advisor in the prairies was talking to an elderly client and his son about how the older man was […]

By Philip Porado |October 2, 2009

2 min read

ETFs allow advisors to diversify

Exchange-traded funds (ETFs) have had the most profound impact on personal investing since the introduction of the modern mutual fund in 1924. To the myriad strengths that drove mutual funds to growth – diversification, professional management and shared expenses – ETFs have added low costs, transparency, market access throughout the trading day, and tax efficiency. […]

By Mark Yamada |October 1, 2009

3 min read

RFPs see glimmer of recovery

(London, Ont.) Advisors at the Institute of Advanced Financial Planning’s annual symposium in London, Ont. shared a laugh and some optimism that this quarter’s financial statements will be more pleasing for clients. Said one R.F.P, “I actually can’t wait to get back to the office and send out my statements, because the clients are going […]

By Philip Porado |October 1, 2009

1 min read