Last updated: Feb-21-2019

    
 
Fund Library News Wire
2/22/2019 7:43:58 AM
Sponsored by
HOME : FEATURES : Fund Library News Wire
Current news, updates, and market information.


By Fund Library News Wire | Friday, February 22, 2019



By Kurt Reiman, Director, Chief Investment Strategist for Canada

Canadian stocks are off to a strong start to begin 2019. Not only has the S&P/TSX Composite Index risen roughly 9% to the beginning of February – erasing two thirds of last year’s decline – but it is also one of the world’s leading equity markets so far this year (see Chart 1). Given the Canadian equity market’s procyclical behavior, it’s not surprising to see it rally stronger than other global bourses in a risk-on period like the one we’re in now. It’s also quite possible that Canadian stocks were sufficiently on sale to warrant a bounce off levels that were consistent with deeply pessimistic sentiment: Canadian stocks were, and still are, trading at one of the cheapest levels to developed market equities in the past three decades. So the question is, how confident are we that this stellar performance can continue? Our answer: not very.


more...

By Fund Library News Wire | Friday, February 15, 2019

By Mike Keerma

The big North American stock indices posted strong weekly gains on hopes that the U.S. and China will reach a trade agreement of some sort before the March 1 deadline. U.S. President Donald Trump’s declaration of a state of emergency as a tactic for funding a wall at the Mexican border didn’t have an impact on stock markets, as the S&P 500 Composite Index advanced 2.5% on the week, while the technology-weighted Nasdaq Composite Index rallied 2.4%. Toronto’s benchmark S&P/TSX Composite Index gained 1.3% on the week, as the price of crude oil surged 5.8% on the week, boosting energy issues, which comprise about an 18% weighting on the index.


more...

By Fund Library News Wire | Tuesday, February 12, 2019

A SPECIAL REPORT FROM



By Nash Swamy, Junior Analyst, Analytics & Data, Fundata Canada Inc.

When analyzing the Canadian investment space, it is crucial to ask what are fund managers doing with the $1.85 trillion allocated to mutual funds, ETFs and other investment vehicles. Investment funds are often packaged and sold to investors on some criteria, such as targeting U.S. large caps, emerging markets, or specific sectors. But before a Canadian investment manager can invest millions in exchanges around the world, a simple exchange rate transaction must occur as a prerequisite to participate in global capital markets. By analyzing the deployable cash in investment funds, we can assess the street’s market sentiment and get a fix on the liquidity of investment funds on a cash and cash-equivalents basis.


more...

By Fund Library News Wire | Friday, February 08, 2019

By Mike Keerma

The major North American stock market indices closed Friday with gains on the week, as investors overcame trepidation about the progress of U.S.-China trade talks. U.S. President Donald Trump confirmed that he would not be meeting with China’s President Xi Xinping before the March 1 deadline for a trade deal. Meanwhile, both the Bank of England and the European Commission cut growth forecasts for both the U.K. and the eurozone overall, as uncertainty over Brexit and the slowdown in China’s economic growth impact the European economy. Canada’s S&P/TSX Composite Index gained 0.8% on the week, as financials and industrials helped buoy the market against a slide in energy issues, facing headwinds from a 4.7% drop in crude oil. The U.S. broad blue-chip S&P 500 Composite Index closed marginally higher on the week, while the Nasdaq Composite Index gained 0.5%.


more...

By Fund Library News Wire | Tuesday, February 05, 2019



By Hussein Rashid, Vice President, ETF Strategist, Invesco Canada

One of the key themes I’m watching for in 2019 is a continuation of the equity volatility we saw in 2018. The return of volatility may have caught some investors off guard, having grown complacent in the relatively docile 2017. How rough was 2018? Through the first three quarters of the year, the S&P 500 was up 10.6% – yet the index’s full-year return was -4.4%.


more...

By Fund Library News Wire | Friday, February 01, 2019

By Mike Keerma

The main North American market gauges posted gains for another week, against a backdrop of rising U.S. job creation and growing manufacturing activity. The blue-chip S&P 500 Composite Index gained 1.6% on the week, posting a 7.9% advance in January. The tech-weighted Nasdaq Composite Index rose 1.4% on the week, gaining 9.5% in the month. Meanwhile, Toronto’s S&P/TSX Composite Index rallied 1.0% on the week, gaining 8.5% in January overall, as crude oil prices rose 3.3% in the week, and surged 18.5% in the month.


more...

By Fund Library News Wire | Friday, January 25, 2019



Fundata Canada Inc. announced the winners of the FundGrade A+ Award for 2018 at Fundata’s annual “Evening of Excellence” held on Thursday, January 24, 2019, at The Globe and Mail Centre in Toronto. Awards were presented to 60 companies representing a total of 274 Canadian investment funds.


more...

By Fund Library News Wire | Friday, January 25, 2019

By Mike Keerma

Upbeat fourth-quarter earnings reports from U.S. companies and positive corporate forecasts for 2019 helped buoy stocks on Friday. While a deal between President Trump and Congressional Democrats to end the U.S. government shutdown didn’t really affect markets, it contributed to more optimistic investor sentiment. In addition, news that the People’s Bank of China is poised to inject an additional US$37 billion to support the country’s banks in an effort to stave off an economic slowdown also helped keep markets in the black on Friday. For the week, however, the big stock indices hovered just around breakeven, as the S&P 500 Composite posted a hairline loss of 0.2%, while the Nasdaq Composite Index eked out a minuscule 0.1% gain. Toronto’s S&P/TSX Composite Index likewise posted a near-breakeven week, with a modest 0.4% Advance, held back by a 0.3% decline in the price of crude oil.


more...

By Fund Library News Wire | Friday, January 18, 2019

By Mike Keerma

The major North American stock indices rallied again this week, buoyed by reports that China and the U.S. were negotiating trade concessions that would see China increase imports from the U.S. to bring its trade deficit with the U.S. to zero. In Canada, December’s all-items inflation rate ratcheted up to an annual 2.0% from 1.7% in November, a move largely driven by the way airfares are calculated, and one widely expected to reverse in coming months. U.S. annual inflation decelerated to 1.9% as December’s month-over-month rate fell 0.1% as energy prices declines. The calmer inflation picture in both countries suggests both the Bank of Canada and the Federal Reserve have plenty of wiggle room to ease off further rate hikes in the immediate future. Toronto’s S&P/TSX Composite Index gained 2.4% on the week, helped along by a 4.2% rise in the price of crude oil. The main U.S. indices followed suit, with the S&P 500 Composite gaining 2.9% on the week, and the Nasdaq Composite rising 2.7%.


more...

By Fund Library News Wire | Thursday, January 17, 2019
By Fund Library News Wire | Monday, January 14, 2019



By Kristina Hooper, Global Market Strategist, Invesco Ltd.

Students of history may recall the War of the Roses, which was waged more than 500 years ago. It was an epic battle between two rival branches of the English royal family that both had claims to England’s throne – the House of Lancaster, represented by a red rose, and the House of York, represented by a white rose. While the House of Lancaster ultimately won the War of the Roses, by some measures, there was no real winner. The war lasted for many years and resulted in very significant damage to both houses. In fact, by the end of the war, the male lines in both houses had been eliminated.


more...

By Fund Library News Wire | Friday, January 11, 2019

By Mike Keerma

Boosted by a tick down in the U.S. inflation rate for December, to an annual 1.9%, dovish comments from U.S. Federal Reserve Board officials on interest rate policy, and growing momentum in U.S.-China trade talks this past week, markets made considerable gains on the week, continuing their rally from late-December lows. Toronto’s S&P/TSX Composite Index gained 3.6% on the week, propelled by a 7.1% advance in the price of crude oil, which has gained 13.7% in the past two weeks, as well as indications from the Bank of Canada that it is pausing its rate-hike program for now as it left its benchmark rate unchanged last week. The broad U.S. blue-chip S&P 500 Composite Index logged a 2.5% advance on the week, while the Nasdaq Composite Index rallied 3.5%.


more...

By Fund Library News Wire | Thursday, January 10, 2019



By Mark Stacey and Bill DeRoche, AGFiQ

A portfolio that is diversified across more than one factor can lead to better risk-adjusted returns over time, but not all methods for combining factors are equally beneficial to future performance.


more...

By Fund Library News Wire | Friday, January 04, 2019

By Mike Keerma

Fuelled by a blockbuster monthly U.S. payrolls report that saw 312,000 new jobs created in December, the big North American stock indices started recovering some of the losses suffered over the past couple of months. Intense volatility and souring market sentiment through the fourth quarter of the year was triggered by growing anxiety about the global economy, particularly the danger posed by a slowdown in the growth of the Chinese economy. The effects of the U.S.-China trade dispute, the hawkish tone of central banks, and the flattening yield curve generated one of the worst fourth-quarter stock market slumps in decades, dragging the main market gauges into correction territory and to a loss position for the year as a whole. Toronto’s S&P/TSX Composite Index especially felt the pain, as the price of crude oil plummeted 38% in the fourth quarter.


more...

By Fund Library News Wire | Wednesday, January 02, 2019



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

Now that we are in the late innings of the longest bull market in S&P500 history, investors are increasingly fearful that this may finally be the beginning of a long overdue bear market. The ongoing pessimistic drumbeat about trade wars, global growth slowdown and political uncertainty is starting to weigh on the market. At Pender, we are following strategies similar to those we outlined during the last big market correction in early 2016.


more...

By Fund Library News Wire | Friday, December 21, 2018

By Mike Keerma

The bears were out in the markets this past week. Unfortunately, they weren’t the cuddly Christmas kind. The major stock market indices posted steep weekly losses, as stocks sold off on heavy volume, exacerbated by the simultaneous expiration of stock futures and options on Friday, referred to as a “quadruple witching hour.” Traders were also beset by fears that the U.S. Senate would not rubber-stamp a funding package approved by Congress, which could set the stage for a partial government shutdown. Rising interest rates (the U.S. Federal Reserve raised its policy rate by 25 basis points last week, to a range between 2.25% and 2.5%) and signs of slowing global growth added to the Scrooge-like sentiment. That drove the Nasdaq Composite Index to an 8.3% loss on the week, and pushed it into bear market territory, down 21.9% from its high on Aug. 31. The S&P 500 Composite fell 7.0% on the week, while Toronto’s S&P/TSX Composite Index retreated 4.5%, cushioned somewhat by a 3.6% gain in the price of crude oil on the week.


more...

By Fund Library News Wire | Monday, December 17, 2018



By Kristina Hooper, Global Market Strategist, Invesco Ltd.

The past couple of weeks have seen major swoons in the stock market and U.S. Treasuries. As of this writing, the selloff has been continuing. However, I still hold out hope that we could see stocks finish higher than where they are now by year-end. Yes, Virginia, there still is the possibility of a “Santa Pause.”


more...

By Fund Library News Wire | Friday, December 14, 2018

By Mike Keerma

The big North American stock indices posted losses again on the week, as investors reacted to slower-than-expected growth in both China and the eurozone. In addition, the European Central Bank announced earlier this week that it is ending its €2.6 trillion (US$3.9 trillion) bond buying program even as the eurozone posted a marginal 0.2% GDP growth rate in the third quarter. Markets continued their downtrend on Friday, despite some signs of easing in the U.S.-China trade dispute, a 0.2% monthly increase in U.S. retail sales in November, and a 0.6% increase in industrial production. The blue-chip Dow Jones Industrial Average is now down more than 10% from its October high, a decline that puts it into correction territory. The S&P 500 Composite Index fell 1.3% on the week, while the Nasdaq Composite Index lost 0.8%. Toronto’s S&P/TSX Composite Index retreated 1.4%, dragged down by the energy sector as crude oil fell 1.9% on the week.


more...

By Fund Library News Wire | Thursday, December 13, 2018

By Mike Keerma

* BMO launches two high-conviction funds.
* Manulife multifactor EM ETF debuts on TSX.
* BMO Nesbitt Burns completes fund mergers and conversions.


more...

By Fund Library News Wire | Tuesday, December 11, 2018

  

By Mark Brisley, Managing Director and Head of Dynamic Funds

Whether you’re seeking retirement income or long-term capital growth, dividend ETFs provide a number of significant benefits, including portfolio diversification, potential tax savings, and competitive yields – all in a single investment vehicle. Additionally, some dividend ETFs offer investors low-cost access to active management – an added potential benefit for many investors during periods of market volatility. Let’s see why exposure to dividend-paying companies remains a sound equity investment strategy – even in a rising interest-rate environment.


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: 20:4:0000:00000000:1/24/2019:3:20:38 PM Duration of this visit: 0 sec.