Last updated: Aug-16-2017

    
 
SEARCH BY COMPANY
Pick a content section from the drop-down to see a list of articles:

ARTICLE ARCHIVE
8/17/2017 1:13:01 PM
HOME : FEATURES : ARTICLE ARCHIVE

Opinions expressed in articles published on this site are solely those of the contributing authors and do not necessarily represent the views or opinions of The Fund Library, its staff or affiliates.

 

Fund Library News
By Fund Library News Wire | Friday, August 11, 2017

By Mike Keerma

* CI acquires Sentry.
* BMO ETF index and name changes.
* Brompton shutters precious metals fund.

* CI acquires Sentry. CI Financial Corp. and Sentry Investments Corp. announced on Aug. 10 that CI will acquire Sentry in a deal valued at $780 million. The takeover will combine two of Canada’s largest independent active asset managers.

more...
Fund Library News
By Fund Library News Wire | Friday, August 11, 2017

By Mike Keerma

The major North American stock indices retreated through the week, as tensions escalated between North Korea and the U.S. The CBOE Volatility Index (VIX), often referred to as the “fear gauge,” climbed to 15.51, its highest level since last November. Soft U.S. inflation in July combined with geopolitical fears to produce a -1.4% loss for the S&P 500 Composite Index on the week, while the Nasdaq Composite Index fell -1.5%. Toronto’s benchmark S&P/TSX Composite Index fell 2% as energy stocks retreated on a -1.5% decline in the price of crude oil on the week. Living up to its safe-haven status, gold gained 2.4% on the week, boosting the gold mining sector. The Canadian dollar also lost ground, closing the week at US$0.7807 as investors sought shelter in traditional strong currencies like the U.S. dollar, Swiss franc, and Japanese yen.

more...
Fund Library News
By Fund Library News Wire | Thursday, August 10, 2017

  

By Jay Bhutani, Senior Vice-President, AGF Investments Inc.

Factor investing is one of the most innovative approaches to earning strong, risk-adjusted returns over the long term while reducing volatility and drawdowns. But like all great innovations, factor investing continues to undergo refinements and enhancements to help investors of all kinds maximize the potential to reach their financial goals.

more...
DUE DILIGENCE
By Dave Paterson | Wednesday, August 09, 2017

While the Capital Group U.S. Equity Fund is publishing a track record of just over three years in Canada, it is now modelled after the firm’s oldest portfolio, the Investment Company of America, a fund that was launched in 1933, and boasts a strong track record of performance.

more...
THE ETF INVESTOR
By Tyler Mordy | Tuesday, August 08, 2017



One of Woody Allen’s most critically acclaimed films, Midnight in Paris, is a 2011 fantasy comedy that follows Gil Pender, a successful but creatively unfulfilled Hollywood screenwriter, who is pushed to confront the incompatibilities of his relationship with his materialistic fiancée, Inez. The mismatch is painfully obvious. Gil loves Paris in the rain, while Inez longs for a glamorous life in Malibu. An analogy can be made with today’s America, and its divergent path from the rest of the world.

more...
Fund Library News
By Fund Library News Wire | Friday, August 04, 2017

By Mike Keerma

A strong U.S. jobs report on Friday helped rally U.S. stock indices towards the end of a week that was dominated by choppy trading. However, while the Dow Jones Industrial Average closed at a record high 22,092.81 on Friday, the broader blue-chip benchmark S&P 500 Composite Index eked out an advance of just 0.2% on the week, while the Nasdaq Composite Index closed with a hairline retreat of -0.4% from last Friday’s close. Toronto’s benchmark S&P/TSX Composite Index gained 0.9% on the week, driven mainly by climbing energy shares and the halo effect of sizable U.S. creation. Gold slipped -0.3% and WTI crude oil edged down -0.6% on the week, having negligible effect on S&P/TSX performance last week.

more...
Fund Library News
By Fund Library News Wire | Thursday, August 03, 2017



By Felix Narhi, CIO & Portfolio Manager, Penderfund Capital Management

Whole Foods (NASDAQ: WFM) is the second announced takeout of a top five Pender Value Fund holding last quarter (following the Panera deal – see our previous post). WFM is also a holding in the Pender US All Cap Equity and the Pender Strategic Growth & Income Funds. But unlike PNRA, we are pleased about this announcement.

more...
DUE DILIGENCE
By Dave Paterson | Wednesday, August 02, 2017

 

Since taking the reins of the Trimark Emerging Markets Class fund in 2013, managers Jeff Feng and Matt Peden have done an excellent job, outpacing both their competition and their benchmark. For the three years ending July 30, the fund delivered an average annual compounded rate of return of 9.3%, while the Dow Jones Emerging Market Total Return Index returned 8.2% in the same period. The fund’s longer-term first-quartile performance earned it the annual FundGrade A+® Award for 2016, with a current monthly FundGrade™ A Grade in June.

more...
Financial Education
By Knowledge Bureau | Tuesday, August 01, 2017

TAX PLANNING FROM THE KNOWLEDGE BUREAU



By Evelyn Jacks

Day trading is effective for RRSP and RRIFs accounts but not for TFSA investing activities, according to the Canada Revenue Agency (CRA). This doesn’t seem to be a logical strategy on CRA’s part, seeing as it is currently looking for millions in penalties and interest from investors who didn’t understand the rules (see my previous article for details). If you are looking for a simple explanation, you probably won’t find it in CRA’s pre-investment information. This may be one of the reasons why TFSA account holders who are being audited are somewhat shocked.

more...
Fund Library News
By Fund Library News Wire | Friday, July 28, 2017

By Mike Keerma

The major U.S. and Canadian stock indices remained about flat on the week, despite surging Canadian GDP growth in May, a strong second-quarter reading on U.S. economic growth, and a stand-pat interest rate announcement by the U.S. Federal Reserve. Toronto’s benchmark S&P/TSX Composite Index edged down -0.4% on the week, even though both gold and crude oil made gains, with crude oil advancing 9% from last week’s close. New York’s blue-chip benchmark S&P 500 Composite Index remained flat on the week, while the Nasdaq Composite Index edged down a minuscule -0.2%.

more...
Fund Library News
By Fund Library News Wire | Friday, July 28, 2017

By Mike Keerma

* Invesco changes fund name.
* RBC re-opens PH&N bond fund.
* Invesco fund mergers approved.
* Sun Life fund mergers.
* Evolve files for nine new ETFs.

* Invesco changes fund name. Invesco Canada announced that it will change the name of Invesco Intactive Strategic Yield Portfolio to Invesco Strategic Yield Fund. In a release the company said that the fund’s name is being changed to highlight the fund’s focus on yield.

more...
TAX PLANNING
By Samantha Prasad | Thursday, July 27, 2017



In the search for yield, investors have turned to such things as monthly income funds and income trusts, structured notes, capital class units, and so on. But again, cash in your hands means investment income that must be reported in your tax return. Income splitting has long been used as a strategy to minimize tax on investment income. However, the attribution rules and the kiddie tax have more than curtailed the use of this avenue. Happily, there are a number of other strategies than still allow you to slash the tax bill.

more...
DUE DILIGENCE
By Dave Paterson | Wednesday, July 26, 2017

 

The U.S. equity market has historically been one of the most difficult to outperform. Although the retail version of the Renaissance U.S. Equity Income Fund has only been around for three years, the longer-term institutional track record show this offering shows some promise for doing so on a risk-adjusted basis. Proof of that is in the fund’s monthly FundGrade™ A Grade for June and its FundGrade A+® Award for 2016.

more...
Financial Education
By Knowledge Bureau | Tuesday, July 25, 2017

TAX PLANNING FROM THE KNOWLEDGE BUREAU



By Evelyn Jacks

Investors and day traders beware: According to recent reports, the Canada Revenue Agency (CRA) is looking to collect $75 million in taxes and penalties arising from mistakes investors are making in their Tax-Free Savings Accounts (TFSAs). What’s at stake is the possible repayment of most of the investment, once penalties and interest are factored in. However, taxpayers may have more rights than may be apparent at first glance.

more...
Fund Library News
By Fund Library News Wire | Friday, July 21, 2017

By Mike Keerma

* U.S. stock markets back off record highs.
* BMO shutters income fund.

* Franklin Templeton launches new Canada fund.

* U.S. stock markets back off record highs. A subdued outlook and declining quarterly earnings from General Electric Co. (NYSE: GE) put the brakes on a week-long rally in U.S. stock markets, as the big indices retreated a notch or two in Friday’s session. Still, the S&P 500 Composite Index hit a record high last week and posted a 0.5% gain on the week overall. The Nasdaq Composite Index also posted a record high on Thursday, but retreated on Friday, advancing 1.2% for the week. Toronto’s benchmark S&P/TSX Composite Index also pulled back on Friday as crude oil prices retreated -2.6% on the week, and as Canada’s June inflation rate continued below the Bank of Canada’s target. However, the index was about flat for the week, as energy issues weighed on performance, while stronger retail sales in May helped cushion a futher decline. The retail sales data also gave the Canadian dollar a boost, which closed at US$0.7976 on Friday.

more...
TAX PLANNING
By Samantha Prasad | Thursday, July 20, 2017



I recently read an interesting article in the Monty Pelerin’s World website titled “The Trump Effect and Markets – Market Update.” It argued that the initial “Trump effect” as it relates to the market is wearing off and is being replaced by the reality that Trump and his ideas may not be welcome in Washington.

more...
DUE DILIGENCE
By Dave Paterson | Wednesday, July 19, 2017



Calgary, Alberta-based Franklin Bissett is one of those investment shops you don’t hear a lot about. Yet every day, they quietly go about their business of building quality-focused, high-conviction, active portfolios for investors. The Franklin Bissett Canadian Equity Fund is the firm’s flagship and is a three-time FundGrade A+® Award winner.

more...
THE ETF INVESTOR
By Tyler Mordy | Friday, July 14, 2017



With the Bank of Canada’s decision on Wednesday to hike its benchmark target overnight rate by 25 basis points, to 0.75%, Canada has become the first country in the G7 to join the U.S. in raising interest rates. This has fed speculation that the world’s central bankers are entering a durable tightening cycle. What gives?

more...
Fund Library News
By Fund Library News Wire | Friday, July 14, 2017

By Mike Keerma

The major U.S. and Canadian stock indices posted strong weekly gains, despite softer U.S. inflation and retail sales reports. Both gold and crude oil also rose on the week, as the U.S. dollar faded on soft inflation and retail sales data. Toronto’s benchmark S&P/TSX Composite Index advanced 1.0% on the week, fueled by a 5.1% weekly gain in the price of crude oil, a 1.3% rise in the price of gold. The Canadian dollar continued to climb against the U.S. dollar, closing the week at US$0.7905, as the Bank of Canada hiked its policy rate to 0.75%. The blue-chip U.S. benchmark S&P 500 Composite Index climbed 1.4% on the week, closing at a record high on Friday, while the Nasdaq Composite Index closed just shy of its record, gaining 2.6% on the week.

more...
Financial Education
By Knowledge Bureau | Thursday, July 13, 2017

TAX PLANNING FROM THE KNOWLEDGE BUREAU



By Evelyn Jacks

Are you planning to sell a personal residence, such as your cottage, in 2017? If so, take note of new tax compliance requirements. Failing to comply fully with the rules could mean some major tax penalties.

more...
 
:: STOCK SEARCH
Find a Stock

(Leave blank for all)
Symbol   Name
:: MEMBER SERVICES
Username:
Password:
Forgot your password?
Register now
Tech Support
:: USEFUL LINKS
For general inquiries, please email the Librarian.
 
Home |  Features |  Member Services |  Tools |  Funds |  About Us
For any questions or problems with this site, please contact the Librarian.
Page ID: 20:03:0000:00000000:9/19/2016:12:02:29 PM Duration of this visit: 0 sec.