SPOTLIGHT: Ethics and the CPH
Ethics Course has Brokers on Right Track, but What about
As of earlier this summer, aspiring brokers and other financial professionals
must study ethics as part of a Canadian Securities Institute program called
the Conduct & Practices Handbook Course. It's easy to dismiss this initiative
as mere cosmetics, but that would be unfair. Applied Ethics in the Securities
Industry, as the CPH course module is enticingly titled, has an unambiguous,
do-the-right-thing message that the financial sector's rookies would do well
to absorb. Read Rob Carrick's full report.
Boutique Fund Companies Generate Buzz
A handful of little-known boutique fund companies have become the
fastest-growing segment of the stale sector. In the case of Mavrix, the
company is benefiting not only from being in a vibrant niche market, but it is
generating its own buzz by doing things differently. There aren't too many
other fund firms where money managers take their message directly to planners,
on a daily basis no less. Keith Damsell reports on Mavrix, Saxon,
ClaringtonFunds, Seamark and Sentry Select.
Chou's Straight Talk is More Reassuring than Feel-Good Reports
- You buy into the Chou family for the
outstanding long-term consistency of manager Francis Chou, writes Rob Carrick.
Chou's track record of excellence and forthright communications with
shareholders only enhances his appeal. Read Rob Carrick's report.
PORTFOLIO: Spending at Home
Sometimes the Most Profitable Portfolio is a Patriotic One
Rob Carrick poses this all-too-familiar question: "How much of a balanced
portfolio should be invested at home and how much elsewhere?" He gives the
experts an opportunity to comment. Read Carrick's report.
Bulked up Bond Funds
Some of Canada’s smaller bond funds - which admittedly make up a small subset
- have started bulking up, writes Dan Hallett, CFA.A growing contingent among
bond funds is attempting to juice returns by holding positions in stocks and
income trusts. Dan Hallett reports on this trend.
Splitting Accounts; Streak Survives; Seniorpreneurs
Mutual Fund Sector Rails at Splitting Accounts
The mutual fund industry has condemned a plan to force small investors to
operate separate accounts with a brokerage and a fund company. Critics argue
an overhaul of current practices -- now under review by the Ontario Securities
Commission -- threatens the sector's survival because of higher costs. Keith
Sales: Funds' Winning Streak Stays Intact
The mutual fund sector breathed a sigh of relief yesterday as $49.8-million in
new money was invested last month, paltry net sales that nevertheless continue
the industry's tentative recovery. Read Keith Damsell's report.
Canada's 'Seniorpreneurs' Boosting Activity: Survey
Get the goods from this StatsCan study: The number of companies run by
entrepreneurs over 55 has jumped 30 per cent in the last three years, four
times faster than their younger counterparts. More than 2.4-million Canadians
are now self-employed. Sinclair Stewart files this report.