Where can investors find a stable income stream without feeling like they’re playing against Vegas odds? The search for yield often takes investors into the risky thickets of junk bonds and high-dividend stocks. But to maintain a decent income stream while keeping risk under control, yield hunters could do worse than to look at a mutual fund whose managers excel at producing sustainable income streams while keeping the risk tiger caged.Exemplar Yield Fund is one such fund.
For some investors, it is not just about how much money they can make, but how can they make money while still helping to make the world a better place. This type of investing is often referred to as “Socially Responsible Investing,” or SRI. At one time, it was a marginal investment practice, almost guaranteed to suppress returns. No longer. SRI funds have come into their own, with performance metrics that often match or exceed non-SRI funds in their peer category. Here’s how it works.
Income splitting and possible higher limits to Tax-Free Savings Accounts (TFSAs) could make a big difference for Canadians families, reducing tax on income both today and in the future when retirement income is drawn completely tax free. It will all depend on how the final legislation is written and whether the government is elected to implement the plan. But because this is an election issue, it’s important that the significance of the potential double gift – income splitting and new TFSA limits – is not lost in the rhetoric.
In the world of Canadian finance, Francis Chou is the proverbial “little guy.” He’s not well known and maintains a low profile. But there are three things about him that are remarkable. First, he makes money for his investors – a lot of it. Second, when he does make a rare public pronouncement, he calls it like it is – no pussyfooting for him. And third, he sometimes does things that are unheard of in the world of money, like returning fees to his investors when he feels his performance has been sub-par. When did you ever hear of anyone doing that?
By Fund Library News Wire | Friday, October 17, 2014
Growth fears and plunging commodity prices contributed to a frenzied selloff last week. But the steady stock market decline since the beginning of September took a breather on Friday, as market rebounded and trimmed weekly losses. With pressure from the energy sector, Toronto’s S&P/TSX Composite Index was the only major North American index to crack the correction threshold, as Thursday’s intraday low of 13,646.79 was 13% below September’s high of 15,685, more than the 10% drop that’s usually classified as a correction.