SPOTLIGHT: The Highs and Lows of
Has Indexing Lost its Lustre?
The recent bad press concerning index-investing is largely undeserved and
short-sighted, laments fund analyst Dan Hallett. The reality is that investors
can do a lot worse than indexing, and should really spend their (and their
advisor's) energy on crafting suitable investment strategies and on constructing
well-diversified - and efficient - portfolios. Read Hallett's take on index
MUTUAL FUNDS: Fast-Growing PH&N...Gold
PH&N: A Reality Check on the Most Saintly of Fund Companies
Ottawa-based Rob Carrick hops aboard a plane to visit the headquarters of
Vancouver-based PH&N. Does the company that charges a puny 1.18 MER have the
digs to match? What are the firm's strengths, weaknesses, threats and
opportunities? And what's the story on the $25K minimum investment? Get the
Rising Gold Prices Lead Precious Metals Funds to Outperform
An uptrending gold price helped equity funds that invest in shares of gold and
precious metals producers to post an average gain of 4.1 per cent in May to
outperform all other mutual fund categories. Longer-term, the group's 12-month
return has averaged 32%. Carolyn Leitch reports.
IFIC: May Sales Fall $267-million Short of Estimate
Canadian mutual fund sales in May fell $267-million short of the industry's
initial estimate, the Investment Funds Institute of Canada reported yesterday.
IFIC attributed the earlier incorrect figure to a clerical reporting error.
Keith Damsell reports.
TODAY'S PAPER: Tory Math ...Drugs 'R
Think Tanks Cast Doubt on Tory Platform's Math
Two major economic think tanks cast doubt yesterday on the Conservatives'
platform — whose measures add up to $57.8-billion over 5 years. The economists
argue that it is unlikely that the Conservatives can cut taxes and boost
health care while keeping their vow not to slash social services. Read Heather
Change of Leaders Won't Mean Rising Rates any Time Soon
Canadian Internet Drugs Safer than from Abroad, U.S. Says
A U.S. report that says drug shipments to American consumers from Internet
pharmacies in Canada are safer and more reliable than from other countries, is
expected to fuel support for three bills before the U.S. Senate to legalize
drug imports from Canada. Read Leonard Zehr's report.
Analyst Downgrades Banks, Feels Mergers are Unlikely
The growing prospect that Canadians will elect a
minority government on June 28 has prompted one analyst to downgrade the
shares of three banks who are likely targets for mergers. Read her outlook for
equities vs. bonds.