It is very important not to tie your investment returns to a particular index. An index does not have emotions, nor does it have goals, taxes to pay, an income to generate, or a nest egg to save. Understanding how your financial plans integrate with your investment portfolio is of the utmost importance. Below is… Read more »
Effective November 1, 2013, Dundee Bank of Canada, a Schedule I bank and wholly owned subsidiary of The Bank of Nova Scotia (“Scotiabank”), will change its name to “Hollis Canadian Bank”. The name Hollis Canadian Bank recognizes Scotiabank’s historic head office building, constructed in 1837, at 188 Hollis Street in Halifax, Nova Scotia. As part… Read more »
There have been some changes to the portfolio management team on VPI Canadian Income Pool. We think these changes will provide an excellent balance for the equity and bond positions in the pool. To read the press release please click here.
We continue to warn our clients that if things sound too good to be true, they probably are! Anytime there is an offer to pay an interest rate that is substantially higher than what a current 5 year GIC is paying, there has to be a “risk premium” that you need to be willing to… Read more »
The following is courtesy Empire Life. As investors become more concerned about managing risk in their portfolios and protecting their principal – segregated funds, with their guarantees and unique estate planning features, are more in demand. Empire Life segregated funds can give you the growth potential of investment funds with the security of insurance guarantees. What is… Read more »