Sprott Asset Management
Dennis Mitchell, Senior Vice President at Sprott Asset Management, on the three great unwinds and why economic data do not support synchronized global economic contraction more…
Tuition funding is expensive, but there are ways and means to save for your children’s education, as I’ve illustrated in my previous post on registered plans. But there is also some tax relief available in the form of
various lucrative credits and writeoffs from the government. Here’s how the tax system shares in the cost with parents and students when it comes to
funding a post-secondary education.
The technology sector has always been one of the more interesting areas to watch. New ideas are continually being developed and innovative products are
being brought to market. While this is all “cool,” there can be a higher degree of risk, making it an ideal candidate for a mutual fund or ETF. And one of
my favourite funds in the sector has been the TD Science & Technology Fund, sub-advised by T. Rowe
By Fund Library News Wire | Friday, September 23, 2016
By Mike Keerma
* Market wrap: Fed decision revives sentiment
* 3 new Forstrong Global funds from iA Clarington.
* RBC adds 4 income ETFs.
* Horizons debuts 2 currency-hedged ETFs.
The main North American stock indices came back to life last week following the decision by the U.S. Federal Reserve Board to keep its trend-setting
federal funds rate unchanged. And while the price of crude oil
skidded -3.5% on Friday, oil still gained a respectable 3.4% on the week overall, lending at least some additional support to Toronto’s S&P/TSX Composite Index, which advanced 1.7% on the
week. Likewise the main U.S. blue-chip benchmark, the S&P 500 Composite Index, and the tech-gauge Nasdaq Composite Index, both advanced 1.2% on the week. The
S&P/TSX Composite is now up 13% on the year to date compared with 6% for the S&P 500 and Nasdaq.
– I like the idea of exchange-traded funds because their MERs are lower than mutual funds. But I’m a little unclear as to how their share prices are
determined or how they manage to stay in business – some ETF MERs are scarcely above zero. Also, how do closed-end funds figure into this mix? – Brad M., Kanata, Ontario
There is growing sentiment that the quantitative easing bubble (QE) has burst and negative interest rate policies (NIRP) are failing. But could the world’s
central banks attempt even more radical policies? Could they conceivably just give you the money directly?