Industry

Online calculator helps investors get back on track

(October 20, 2003) With stock markets recovering, many investors will be breathing a sigh of relief as they open their latest quarterly statements to find positive returns in their mutual fund portfolios. But how long will it take to recoup the heavy losses of the past few years? The Investor Education Fund attempts to answer […]

By Doug Watt |October 20, 2003

2 min read

TD’s Drake sees Canada surviving

(October 20, 2003) Despite the challenges posed by outbreaks of disease, the blackout and the soaring dollar, the Canadian economy is in pretty good shape, according to Peter Drake, vice-president and deputy chief economist at TD Bank Financial Group. Drake admits the economy has been hit with some “bad luck” — with the combined effect […]

By Steven Lamb |October 20, 2003

3 min read

Regulators approve new fund of funds rules

(October 17, 2003) Mutual funds composed of other mutual funds — an increasingly popular product for advisors and investors looking for customized asset allocation — will now have more flexibility in how they allocate assets. The Canadian Securities Regulators has approved amendments to National Instrument 81-102. Until now, mutual funds could invest no more than […]

By Scot Blythe |October 17, 2003

2 min read

Canadians ready to invest, expecting stronger 2004

(October 16, 2003) Canadians are more optimistic about the markets for the upcoming year, but few realize the strength equities have shown already this year, according to a survey by Investors Group. Despite the TSX Composite index’s year-to-date gains of over 17%, only 36% of respondents were aware of the rally. Optimism for the future […]

By Steven Lamb |October 16, 2003

2 min read