More from Product
Travel insurance protects net worth
Steven Lamb / March 09, 2010If your clients are taking a quick spring break to a U.S destination, make sure they pack more protection than just sunscreen—they need to buy travel health insurance. A medical emergency outside of Canada can pose a serious threat to their overall financial well-being.
New year, new reality for alternatives
Scot Blythe / January 26, 2010After a harrowing 2008 and 2009, managers of alternative investments — hedge funds, private equity and real estate — are beginning to regroup. Now might be a time buy, with managers chastened by their fall from grace — or at least declining fund flows.
Fund gains largely offset 2008's losses
Steven Lamb / January 05, 2010The nine-month upward trend on global the stock markets may have dominated business headlines in late 2009, the growth since March has yet to erase the losses of 2008 for most equity-focused mutual funds, according to data from Morningstar Canada.
November a golden month for funds
Steven Lamb / December 03, 2009A return of confidence in the markets boosted investment fund returns in November, according to Morningstar Canada. That should come as some relief after a dismal October, when just nine fund groups were on the rise.
PowerShares launched as mutual funds
Mark Noble / November 16, 2009One of the world's largest exchange traded fund providers, PowerShares has launched in Canada — not as ETF, but as a suite of corporate class mutual funds wrapped around an underlying ETF.
Market bets on bond funds
Mark Noble / November 11, 2009If the term "hot seller" can be applied to the investment product industry, fixed-income would fit the bill. Despite the run-up in equities, non-government bonds are driving interest with attractive yields and comparative price safety.
Fund industry hit with redemptions
Steven Lamb / November 04, 2009The Canadian mutual fund industry was hit with redemptions in October, with investors pulling out somewhere between $262.2 million and $762.2 million, according to preliminary data from the Investment Funds Institute of Canada.
Active managers fall back: SPIVA
Steven Lamb / November 02, 2009The 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).
Industrial Alliance buys Inhance, enters SRI space
Doug Watt / October 02, 2009IA Clarington, a subsidiary of Industrial Alliance, has announced plans to purchase the SRI mutual fund business of Inhance Investment Management from its current owner, Vancity, one of Canada’s largest credit unions.
ETFs allow advisors to diversify
Mark Yamada / October 01, 2009Exchange-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.
