As concerns about the impacts of climate change mount, the movement among investors to divest from fossil fuels is gathering momentum. Divestment -- the opposite of investment -- refers to ditching investments that are unethical, harmful or morally questionable.
The Client Relationship Model - Phase 2 (CRM2) is a new set of industry regulations meant to provide Canadian investors with more details on their investment costs and performance. It was developed by the Canadian Securities Administrators, an organization representing Canada's investment industry regulators.
We all invest for the same reason, yet we don't all get the same results. It isn't just the investments we buy. Timing your
Studies have shown that familiar investments underperform and most amateur investors would be better off buying index funds. An advisor will have more knowledge about which companies in a diversity of industries are right for you -- plus they will have done more research than what is available at the mall.
In a 2015 global study by Morningstar, Canada's investment environment was rated the worst in the developed world when it came to Fees and Expenses. Don't worry, though, there's good news; our D- score is up from the F earned in 2014. The real question is the implication of our less-than-impressive grade.
We've all probably met a financial advisor who told us to buy a "balanced mutual fund," and hard sold their own company's "top performing" fund. They tell a good story, but do they really have our best interests at heart?
Two decades after the introduction of the GST, and after several modifications of provincial sales taxes, the burden of mutual fund sales taxes has gradually become heavier, reaching a point today that is completely out of proportion compared to other investment vehicles.
My intention isn't to predict anything about the future of Valeant Pharmaceuticals (VRX). Instead the message is a reminder of how holdings in any market-cap weighted investment vehicle is impacted by the change in size of its constituents.
High mutual fund fees could cause Canadians to delay their retirement by as much as 11 years or else leave them with 40 per
Take a look at your most recent investment statement. Do you see the acronym DSC on any of the pages? If you do, you'll want to keep reading.