Products

The true cost of beta: Part Two

So how does one go about getting alpha? The only way is to get off the benchmark and loosen investment constraints such as limits on short selling, portfolio concentration, and types of markets and securities allowed in the portfolio.

By Guy Lalonde |August 18, 2011

6 min read

The true cost of beta: Part One

There are two components of an active portfolio’s return. Beta is passive and stems from simply being invested in the market. The other, alpha, stems from a manager’s skill in selecting investments that will add return above what the market gives on its own.

By Guy Lalonde |August 17, 2011

4 min read

Invesco launches PowerShares QQQ Class

Invesco Canada has introduced the latest addition to its PowerShares Funds family: the PowerShares QQQ Class, which provides exposure to the U.S.-listed PowerShares QQQ. The triple-Q offers access to the 100 largest U.S. and international non-financial companies listed on NASDAQ. “Through our new fund, investors can complement and diversify their portfolios with sector exposure that […]

By Staff |August 9, 2011

1 min read

New small cap index launched, ETF to follow

S&P Indices and TMX Group have launched a new index to track the performance of smaller-cap Canadian Stocks trading on TSX Venture Exchange—the S&P/TSX Venture Select Index. The index has been licensed Blackrock Inc., which will create an ETF based on the S&P/TSX Venture Select Index. “With the launch of this Index, investors will have […]

By Staff |August 8, 2011

1 min read