Compared with international markets, Canadian equity markets posted relatively weaker returns over the one-year period ending June 2017, finds the S&P Dow Jones Indices SPIVA Canada scorecard.
This, in turn, led to a higher percentage of active managers outperforming the benchmark, when compared with results from the second half of 2016, adds the scorecard.
Here are some additional findings:
- Canadian equity: about 33% outperformed the S&P/TSX Composite, net of fees, at year-end June 2017.
- U.S. equity: about 29% outperformed the S&P 500 (CAD), net of fees, at year-end June 2017.
- Canadian small/midcap equity: about 48% outperformed the S&P/TSX Completion Index, net of fees, at year-end June 2017.
- Canadian dividend and income equity: about 51% outperformed the S&P/TSX Dividend Aristocrats Index, net of fees, at year-end June 2017.
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