Low volatility funds have become quite popular of late, as many investors look for ways to protect their nest eggs from the more heart-stopping swings of
the stock market. Never an industry to let an opportunity go to waste, the investment fund business has been quick off the mark to develop funds catering
to demand by more risk-averse investors for products that dampen market volatility. RBC Global Asset Management has developed some low-volatility funds
that I think have a lot of potential, including the RBC QUBE Low Volatility Global Equity Fund,
which achieved a
FundGrade™ A Grade in October.
It’s been three years since the world panicked over an alleged “fiscal cliff.” Yet, in a rare intersection of opinion during the U.S. presidential election
campaign, both Donald Trump and Hillary Clinton were united on fiscal expansion, with a focus on upgrading America’s aging infrastructure. They had plenty
of ammo for the argument, and it remains to be seen how President-elect Donald Trump will follow through.
With interest rates in this country showing no signs of moving higher any time soon, investors continue to search the stock markets for investments that
offer decent cash flow at a reasonable risk. Finding yield isn’t difficult. It’s the risk part of that equation that often trips up investors.
By Fund Library News Wire | Friday, December 02, 2016
By Mike Keerma
Following three weeks of steady advances in November, stock markets took a breather, closing in the red for the week, against a backdrop of
slower-than-expected U.S. job gains and a deal by Opec to reduce production of crude oil. While the S&P 500 Composite Index gained 2% month-over-month in
November, it posted a -1% weekly loss at the close on Friday. The Nasdaq Composite Index, which recorded a 3.4% monthly gain
in November, backed off in the first couple days of December to record an steep weekly loss of -2.7%. Toronto’s S&P/TSX Composite Index, however, was cushioned by the
12% week-over-week gain in crude oil prices, and posted only a
hairline loss of 0.2% on the week.
– I turned 71 this year, and I still have a rather large RRSP to which I’ve been contributing. I understand that I have to convert my RRSP into another
type of registered plan, but I’m not clear as to what my options are or what the deadline is. A friend told me that I have until the day before I turn 72
to choose what to do with my RRSP. Is that correct? – Fred J., Kingston, Ontario