BMO’s Low Volatilty ETF rebalances twice a year. We’ll have a look at one of Canada’s best performing ETFs. What’s most surprising or encouraging is that even through a major market correction the index is holding steady. There were no stocks removed from the index. There were no additions. That there is no turnover is […]
Checking in on the Tangerine Portfolio returns, plus the Weekend Reads.
It has been a while since we checked in on the Tangerine Portfolio returns. They are simple but wonderful index-based mutual funds. The funds invest in large cap Canadian stocks, US stocks and International stocks. They manage the risks by replicating a core Canadian bond index. The portfolios offer a very decent benchmark for those […]
On Weekend Reads – how Shopify helped Great Lakes Brewery pivot.
My favourite read of the week was an inspiring post that showed how Shopify helped Great Lakes Brewery pivot in the pandemic. Now this certainly brings together two of my favourite subjects – investing and craft beer. What is inspiring is how these two Canadian success stories came together to create opportunity out of despair. […]
The world’s richest borrow to invest. On Weekend Reads.
This week I came across a more than surprising article. The article referenced a report from UBS in Switzerland. They handle investment accounts for many of the richest folks on earth. What was surprising is that many of them borrowed monies to invest at or near the recent market bottom. Don’t they have enough? Or […]
What’s in the Big Bear Portfolio?
Canadian economist David Rosenberg is known as a perpetual bear. That framing is a little unkind. Let’s just say Mr. Rosenberg is always cautious and is more than aware of the many risks. But certainly he will dwell or concentrate on those risks. We might think that it is the job of the economist to […]
Dear Ontario Securities Commission: There’s no need for DSC mutual funds.
As Larry Bates reminds us with regularity, fees are wealth destroyers. Canadians pay some of the highest fees in the developed world. One money sucking tentacle is the DSC or deferred service charge. The mutual fund company pays the dealership an up-front fee of 5%. That is shared with the salesperson. For selling out of […]