FOCUS - a newsletter from globeadvisor.com
23 July 2003
Issue | Subscribe
to Advisor Focus | Back Issues
SPOTLIGHT: The Value
What's Advice Worth?
Yes, the advice industry is getting some negative press because
compensation is tied to product. But, on the other hand, writes fund analyst
Dan Hallett, investors often do more harm than good when flying
solo. Not to mention the "lost opportunities to save taxes (while alive or
for heirs after death) and the stress, anxiety and loss of family time
resulting from having to keep up on all of these things." Read Hallett's
Tiny Band of Zero-Load Fund Advisors
Rob Carrick details why a small but growing group of advisors chooses
to provide no-load funds, and discusses the benefits and drawbacks for
advisors, plus the logistics behind making money on trailer fees.
UL Insurance Made Easy
Universal Life (UL) insurance is a complicated product; this
article discusses a company that's marketing a simplified version. Covering
lapse protection, maximum funding and more, it's a must-read.
REPORT ON INVESTING: Small
Caps, Wound-Up Funds, U.S. Stock Outlook, and Golden Diversification
Small-Cap Sector Still Holds Its Value
With the tables turning for the markets in the second quarter of
2003, many of your clients who hold small-caps will be cheered by their
Saxon Small Cap Fund manager Robert Tattersall examines trailing
revenues and book value to determine whether these small-caps have upside
Altamira To Close Four Mutual Funds, Citing Weak Growth
Do your clients hold any of these four soon-to-be-closed Altamira
funds? If so, they'll be invited to redeem or switch their holdings, as
the company winds down the funds.
U.S. Stock Rally Stalls Out Despite Solid Profit Reports
Even though some fundamentals are looking strong, the stateside
rally doesn't seem to be picking up steam. Here, a few fundamental
analysts weigh in.
Banks Skew U.S. Profits
Gold Passes $350, Stocks Follow
What's up with gold, aside from its price? It's countertrading to
the US dollar, making gold stocks a possible portfolio- diversifier,
according to some analysts.
PERSONAL WEALTH: Tips For Your
Transferring a Family Cottage To the Kids Can Save Tax
Many of your clients may be fortunate enough to have a cottage to get
away to, and now's the season. You may be able to give them a tax-saving
tip: exploit the "principle residence exemption" by putting cottage
ownership in an adult child's name.
Canada's Wealthy See Assets Slashed
So much for "the rich get richer and the poor get poorer" — a bear
market spares none; hence, even Canada's wealthiest investors took a
painful hit to the pocketbook last year.
REPORT ON PENSIONS: Money
Managers Go on the Offensive
Pension Funds Sue AOL
Biting back at alleged duplicity, a behemoth pension fund and a few
cohorts are suing megacorp AOL Time Warner for hundreds of millions. Read
up on this possibly precedent-setting case.