FOCUS - a newsletter from globeadvisor.com
17 Oct 2003
to Advisor Focus |
SPOTLIGHT: Tax Solutions for Fund
The Opportunity That The Bear Created
You can help your clients exploit tax laws to "soften the mutual fund tax
burden," writes Dan Hallett in a recent issue of Canadian MoneySaver.
Funds that have carried forward capital losses may offer potential tax shelter
for future gains. Hallett reveals which funds fit this description, and
describes how the tax provisions work.
Owning -- Things, Companies, or Debt?
An unusual situation: the stock market and the bellwether US long bond
have both spiked in recent months. Prospects for both are uncertain.
The bottom line question: where to put clients' money? David Stanley's
answer: consider commodities. Take in this article for quick look at how
to participate in this asset class.
It's Party Time But Don't Get Too Intoxicated
We're "off the bottom", analysts crow, as many third-quarter
earnings expectations surprise on the upside.
The US data spells economic recovery, with accompanying investor confidence
-- but will the Canadian market follow suit? Canadian experts weigh in
and spell out their calls.
MUTUAL FUNDS: Picking The
How To Pick Funds The Way The Wealthy Pick Money Managers
An advisory service to high-net-worth clients tells how these
individuals pick money managers -- providing insight as to for how you can
best pick fund managers to trust with your clients' money. The emphasis is
on track record and volatility, with a nod to fund-of- funds as products with
Fund Managers Foresee More Profit, Rate Volatility
Merrill Lynch's monthly survey of fund managers reveals their view
that equities are cheaper now than a month ago, and more asset allocators
are overweight stocks. Plus: geographic sectors with the most promise are
Fee Rise Says Watch Out For Hidden RRSP Costs
Caveat emptor for your clients: there may be hidden charges and
escape fees attached to their bank GIC and RRSP investments.
TECH FOCUS: NASDAQ Sags, But
Will Some Issues Surge?
Science, Tech Funds Take A Breather
Some analysts say the September sag in US techs may be due to
investors anticipating earnings season. Cheeringly, the less-broad club of
Canadian tech stocks saw a 2% average gain in the same month.
Celestica, Workbrain Activity Suggests Tech Could Be Back
The upcoming IPO of a small Canadian software company is a happy sign for
the sector. Read about this new name, and other recent tech financings
that are drawing attention.
BANKING FOCUS: Financials
Climb; TD's Next Move
Bank Stocks Keep Bay Street On Roll
Financials are "the single largest equity sector on the index",
which is why when banks do well, the S&P/TSX index shines. Read the update on
bank stocks and more.
An Armchair QB Ponders TD's Best Play With Waterhouse
TD Waterhouse is being courted for a strategic alliance by US
brokerage firms. Here, The Globe and Mail's Streetwise columnist Andrew
Willis provides a combination financial analysis of the firm with a
psychoanalysis of its CEO Ed Clark. Click for the full article to read the tea