SPOTLIGHT: Innovations and
It's a Wrap: Serving Your Clients with Managed Accounts
With a wrap, or managed account, you and your
client work together to create a portfolio of funds that are often available
only to big institutions and the super rich. These funds are rolled into a
single package designed to produce steady performance in all kinds of market
conditions. Read more from Rob Carrick
New How-to Guide Strives For Nicely Manicured Hedge Funds
No one can stop a hedge fund from losing money on a bad investment. But a
sector that bears the scars of preventable blowups, lousy bookkeeping and
poor governance is taking steps to ensure that a burgeoning industry has
solid standards. Andrew Willis has the details.
Active Managers and ETFs
Exchange-traded funds (ETFs) offer pure asset class exposure with lower
costs and greater tax efficiency than most mutual funds. But high fees
may offset these advantages. Pros and cons from Dan Hallett.
Investor Demand for New REITs Outstrips Supply
...and according to CIBC, the recent arrival of foreign capital means the
problem is only expected to get worse. Read Elizabeth Church's report.
High-interest Accounts Have Value in Low-rate Times
What a sorry state of affairs it is for savers when 2.55% is a big return.
But that's as good as it gets, even if you're smart enough to use a
high-interest savings account. Read Rob Carrick's analysis.
FUNDS: Fees and Consequences
Canadian Fund Fees Not That Much Higher Than U.S.
A favourite piece of ammunition used by mutual fund bashers is a dud.
Contrary to popular opinion, we are not getting hosed on fund fees,
compared with what Americans pay. Rob Carrick explains.
Delisle on Fund Sales
Some market watchers are celebrating the renewed interest of Canadians in
equity mutual funds, but Vincent Delisle of Desjardins Securities finds an
inverse relationship between mutual fund sales and the S&P/TSX composite index
in the following 12 months. Angela Barnes has more.
RRSP STRATEGIES: Divorce Blues