Brookfield Investment Management has closed the initial public offering of the Brookfield High Yield Strategic Income Fund. Prior to the offering, a total of 12.5 million units were offered at $10.00 each, for gross proceeds of $125 million. They’re now listed on the TSX. The fund provides exposure to a portfolio comprised of high yield […]
The clock is ticking for you to get your clients locked into guaranteed income products, as insurers continue to re-jig contracts, suspend sales or just get out of the business altogether.
Bonds aren't yielding what they used to—a five-year government of Canada bond will get you 1.5%. Equities, however, are levered to economic performance, and thus would seem to be a better vehicle for growth. Companies are sitting on hoards of cash that could be paid out as dividends, but a conservative investor may not want to take on stock market volatility.
The leading edge of boomers has already entered retirement, shifting their focus from wealth accumulation to ensuring they have an adequate income stream to maintain a comfortable lifestyle.
The temptation to stretch a little further has never been greater. Investors must understand the risk-return trade-off. It pays to look beneath the labels, lest one mix apples and oranges. Different kinds of yield have different kinds of risk.
Investors continue to demand increased yield, as well as protection against the threat of rising interest rates. To meet these demands Invesco Canada has launched the PowerShares Senior Loan Index ETF, which began trading on the TSX today.
As insurance companies withdraw guaranteed income products, now may be the time for those nearing retirement to buy them while they are still around.
Standard Life has announced it is temporarily suspending new sales of its Guaranteed Lifetime Withdrawal Benefit product, effective April 16, 2012.
Russell Investments Canada has launched a new investment pool designed for investors looking for global fixed-income diversification. The Russell Global High Income Bond Pool currently targets 60% high-yield bonds and 40% emerging markets debt.
With managers everywhere chasing dividends, stocks that provide steady income will continue to trade at a premium, says David Graham, CIBC Asset Management, CIBC Monthly Income Fund.