Mackenzie Floating Rate Income Fund
invests in a diversified portfolio of floating-rate loans and notes. These
are usually loans issued by companies whose payout fluctuates with the
prevailing rate of interest in the economy. The rate paid is typically
based on a well-known benchmark rate such as LIBOR.
It’s tax filing season but smart taxpayers will turn this into tax planning
season, too. The key question for couples working with tax specialists: how
do we maximize our retirement income potential? There are three specific
goals to consider.
In late January, Fundata presented its 2018 FundGrade A+® Awards at its
annual Evening of Excellence held at The Globe and Mail Centre in Toronto.
The awards are given to eligible mutual funds, exchange-traded funds
(ETFs), and segregated funds, with seg funds ranked separately, and are
based on up to 10 years of risk-adjusted performance to the end of 2018.
ETFs were well represented at the awards with a total of 41 winners from
seven ETF providers.
Are you taking all the tax deductions and tax credits you’re entitled to?
Maybe not, because you may not know whether a particular deduction or
credit applies to you. That’s not surprising, because there are nearly 100
personal tax deductions and credits available, and not all apply to
everyone, or do so in only very limited circumstances. And many are often
overlooked, even if they do apply. Here’s a rundown of the most commonly
missed credits and deductions. Consult with your tax preparer to see if
they apply to you.