OK, there’s good news and bad news on the Canadian mutual fund watch. The good news is that Ontario has joined the rest of the Provinces to ban DSC or deferred service charges. A DSC fund will charge you a hefty fee of up to 7% if you want to sell your fund within a […]
The first quarter for Canadian investors.
The first quarter of 2021 delivered positive returns for most portfolios. The period reflects the optimism of “getting to the other side of the pandemic”. While there will still be challenges and it may not be an easy journey, optimism and hope is wining the day. We also continue to see that great rotation of […]
Everybody hates bonds, on Weekend Reads.
It was a few years ago that I suggested that “the greatest threat to stocks is bonds”. Bonds are starting to follow through with that threat, taking down the stock markets. And they have a peculiar taste for US stocks, and high flying US tech stocks in particular. It’s just more than increasing bond yields […]
RioCan cut its dividend by 33%. What’s next for the REIT sector?
What a difference a pandemic makes. And what a difference a few months can make in the REIT sector. Just a few short months ago RioCan CEO Ed Sonshine promised that the distribution was rock solid. But on Friday of this week RioCan cut its dividend by some 33%. In May of 2020 Mr. Sonshine […]