Target-date or lifecycle funds (TDFs) simplify investing by automatically reducing equity exposure as a target retirement date or a student’s anticipated university enrolment approaches.
Joe and Sally joined the same company right out of school and enrolled in the registered group savings plan. Sally was three months older than…
Twenty-one years ago the Toronto Stock Exchange launched the world’s first exchange-traded fund, the Toronto 35 Index Participation Units (TIPS). The advantages that ETFs offer…
I met a broker from Rochester at breakfast on the second day of an ETF conference in Albany, New York. I was a speaker on…
Reader Alert: This is the final installment of a three-part series on how ETFs can help control costs when constructing core portfolios. After the past…
Fundamental analysis is the stuff of cocktail parties, water-cooler gossip, and 24-hour financial news networks. Based on business facts, the main allure of fundamental analysis…
The 1 kg of stewing beef I bought ended up tasting like pork. When confronted, the butcher retorted “Well buddy, it’s meat isn’t it?” Most…
Every week at home, as a keen young portfolio manager, I would pore over the charts of all the stocks traded on the New York…
The three key characteristics that make exchange–traded funds (ETFs) tax-efficient are easily defined. They are: Index-based ETFs have extremely low turnover. Transactions trigger gains taxable…
Catastrophe in capital markets is always characterized by a lack of liquidity. No exceptions. Significant imbalances between buyers and sellers (widened bid-ask spreads) can create…
Exchange-traded funds (ETFs) have had the most profound impact on personal investing since the introduction of the modern mutual fund in 1924. To the myriad…
There’s not much new in the world of asset allocation despite the drubbing portfolios sustained last year. Many of the best and the brightest minds,…