Money Digest back issues from November 2002:
Caution: opportunity ahead; one strategy is to selectively accumulate dividend-paying value stocks. (Investment Strategy).
Nov 01, 2002; ... There seems to be no clear end in sight. As I write this in mid-October, the market is still very volatile. Is it time to throw in the towel and sell everything? Or will the market go up again? I don't pretend to know the answer to these questions. But history indicates that ...
OSC site shines light on adviser/client relationships. (Money Matters).
Nov 01, 2002 ... The Ontario Securities Commission's new Web site has issued a challenge to everyday investors: Look at new proposals put forth that clarify the adviser/client relationship and get involved in the planned regulatory shift. According to a spokesman for the OSC, the new Fair ...
Montrusco Bolton unveils Income Trust Pooled Fund. (Money Matters).
Nov 01, 2002 ... Montrusco Bolton Investments has launched a new Income Trust Pooled Fund. Objectives and details of the fund include: A minimum of 80% will be invested in Canadian income trusts, royalty trusts or income funds; all securities will be ...
RBC software beefs up online security. (Money Matters).
Nov 01, 2002 ... RBC Royal Bank of Canada is now offering customers more Internet banking protection at home. For those who don't necessarily have the latest virus protection or firewalls in their computers, RBC's Freedom software will protect users from hackers and intruders, will prevent Web ...
e-Critical Illness from National Life. (Money Matters).
Nov 01, 2002 ... National Life has launched e-Critical Illness, a plan covering 21 different illnesses and providing up to $2 million in protection. The plan is available in 10-year renewal term or level premium term to 75 policy options. eCI ...
Community Values Global Equity. (Mutual Fund News).
Nov 01, 2002 ... Philips Hager & North has launched four new socially responsible funds: Community Values Bond, ...
Consider risks when casting a line for FPI: political, economic and social risks are present, but FPI is still a value play. (Equities).
Nov 01, 2002; ... FPI Ltd. (TSX: FPL; Recent price: $8.15; Rating: extra risk) makes a wide range of seafood products containing groundfish (cod, flounder, haddock, sole, turbot) and shellfish (shrimp, scallops, crab and lobster). Its fleet of 18 vessels harvests fish for its nine processing plants in ...
Two U.S. high-yield funds: consider these two funds for high yields in U.S. dollars. (Closed-End Funds).
Nov 01, 2002 ... If you are looking for high yields and can afford to take a moderate degree of risk, you may want to consider two U.S.-based closed-end funds that invest in high-yield (a.k.a junk bond) funds. Closed-end bond funds offer a couple of advantages. Since they often trade at a discount, their ...
Synergy Canadian Value zigs when the index zags: the fund has handily beaten the S&P/TSX composite in the past two years. (Mutual Funds).
Nov 01, 2002 ... The investment objective of the Synergy Canadian Value Class fund is long-term capital growth. To achieve its investment objective, the fund invests in Canadian equities that have the potential to appreciate as the market recognizes the underlying value of the companies. Once ...
Artisan Most Conservative aims for stability: preservation of capital is a priority for to this Assante-managed fund of funds. (Mutual Funds).
Nov 01, 2002 ... The investment objective of the Artisan Most Conservative Portfolio (managed by Assante Asset Management Ltd.) is to seek a high level of current income that is consistent with the preservation of capital and liquidity subject to the foreign content restrictions in the Income Tax Act ...
Execution, steel prices key to rebound at Dofasco: management predicts improved financial and operating results far beyond analysts' estimates. (Equities).
Nov 01, 2002 ... Dofasco Inc., (TSX: DFS; Recent price: $27.35; Web site: www.dofasco.ca) is a fully integrated steel maker. The company specializes in a broad range of high quality flat rolled products. Dofasco's products include hot and cold flat rolled steels, galvanized steel, prepainted ...
Scotiabank's numbers tell value tale: attractive valuation ratios and steady profitability make Bank of Nova Scotia one to watch. (Equities).
Nov 01, 2002 ... After having risen in price consistently, Canadian banks are now trading at more reasonable levels. Bank of Nova Scotia, Canada's fourth largest bank with about $300 billion in assets, is a case in point. BNS provides commercial, corporate, international, investment, private ...
ETFolios: portfolios engineered for performance; this web based service creates customized portfolios for individual investors. (Exchange Traded Funds).
Nov 01, 2002; ... As most of you are certainly aware, the benefits of ETFs are numerous -- rockbottom management fees, real-time pricing, fully disclosed portfolios, pure asset pools, and excellent tax-efficiency compared to conventional, actively managed funds. Accessing a market (long or short) or merely ...
Income trusts and index changes: income trusts may be coming to an index near you. (Income Trusts).
Nov 01, 2002 ... Income trusts have become one of the most actively traded investments in the Toronto Stock Exchange. Their total market capitalization has now surpassed $40 billion. In fact, the trading is so active that some of the trusts are likely to make it onto the TSX benchmark index next year. ...
Equities. (Investment Capsule).
Nov 01, 2002 ... <Pre> EQUITIES STOCKS THAT PAY HIGHER DIVIDENDS STOCK SYMBOL PRICE DIVIDEND YIELD $ $ % BCE Inc. BCE 26.00 1.204.6 Bombardier B BBD.B 3.85 0.184.7 Emera ...
Mutual funds. (Investment Capsule).
Nov 01, 2002 ... <Pre> MUTUAL FUNDS BEST 12-MONTH PERFORMANCE COMMISSION * 1 YR. 3 YR. 5 YR. FUND %% % % CANADIAN EQUITY FUNDS--RRSP ELIGIBLE (1) Bissett Microcap Fund Class F NL ...
Closed-end funds. (Investment Capsule).
Nov 01, 2002 ... <Pre> CLOSED-END FUNDS CLOSED-END FUNDS THAT TRADE AT A DISCOUNT STOCK SYMBOL NAV * PRICE DISC. $ $ % Wardley China Inv. TrustWIT.UN 0.97 0.5246.4 Can Banc NT Corp...
Fixed income. (Investment Capsule).
Nov 01, 2002 ... <Pre> FIXED INCOME HIGHER INTEREST RATES ON DEPOSITS TERM INTEREST % WHO PAYS TERM DEPOSITS (MINIMUM $5,000) 30 days 2.45 Peoples Trust 60 days 2.85 Home Trust 90 days ...
Mortgage rates. (Investment Capsule).
Nov 01, 2002 ... <Pre> MORTGAGE RATES BEST MORTGAGE RATES TYPE % WHERE Variable Rate 4.50 Several financial institutions 1-year closed 4.05 Virtual One Credit Union ...
Canada and the world. (Investment Capsule).
Nov 01, 2002 ... <Pre> CANADA AND THE WORLDINFLATION STOCK MARKETS UNEMPLOYMENT (CURRENT %) (12 MONTHS %) (12 MONTHS %) Australia2.8 -14.6 6.2 Austria 1.9 -12.0 12.0 Belgium 1.3 -36.2 ...
Hedge funds: a reality check; hedge funds are supposed to reduce your risk. But performance tells another story. (Hedge Funds).
Nov 01, 2002 ... Hedge funds, in theory; are "market neutral." This means that, irrespective of what happens in the market, you are likely to come out ahead. This is because hedge funds hold investments that move in different directions: If one investment goes down, it is counterbalanced by another ...
Holding losers can keep you down: the equity market may take many years to return to year 2000 level. (Investing).
Nov 01, 2002 ... Many investors hold on to stocks they bought at market highs, hoping to sell them when the markets return to their former highs. But, if history is any guide, such investors may have to wait for a long, long time. The reason for this is that huge market run ups generally lead to huge ...
RRIFs, annuities and other RRSP maturity options: understanding tax and investment considerations is essential. (Investment Strategy).
Nov 01, 2002; ... Your financial strategy for retirement shouldn't end when you mature your RRSP. The challenge is to keep your money working for you throughout your retirement. There are three major routes you can take when you mature your RRSP, which by law must be by the end of the year in ...
AIC's segregated portfolio: there are numerous advantages in having a mutual fund created just for you. (Mutual Funds).
Nov 01, 2002 ... If you are a long-term buy-and-hold investor with a high net worth, AIC Ltd. has a customized portfolio service that might interest you. The AIC Private Portfolio Counsel program offers a segregated portfolio of stocks and bonds customized to clients with a minimum of $500,000 ...
When shares become worthless: here are the conditions under which you can claim a capital loss during a bankruptcy. (Income Tax).
Nov 01, 2002 ... Many of us have seen our blue chip stocks -- Nortel, Lucent and the like--become penny stocks right before our eyes. Of course you can sell those stocks and claim capital loss. But what if you held a stock and the company went bankrupt? In this case, the company is not publicly ...
A failing grade in investment literacy: only one in three Canadians received a passing grade in a recent investment knowledge survey. (Investing).
Nov 01, 2002 ... In an online survey by Cartier Partners, only a third of 4,000 Canadians got a passing grade of 50% on a recent test of their investment knowledge. Overall, Canadians answered only 3.5 out of 10 questions correctly. Only 46% of the investors who described themselves as ...
Swindlers, hustlers and other fraud artists: it's not just the gullible who get taken. The greedy can suffer too. (Investing).
Nov 01, 2002; ... While fraud hasn't reared its ugly head in Southwestern Ontario for the last two years, in the 1990s it seemed every year there was another fraudster story. Con artists have always been with us, but they have never before been able to reach so many people. The Internet has ...
Bear-Proof Investing. (Bookshelf).
Nov 01, 2002 ... by Kenneth E. Little After years of making money in the stock market, investors are now wondering what to do. Many investors' retirement dreams have changed now that high-tech stocks have fizzled and utilities and blue chips have fallen to embarassing lows. In ...
Valuegrowth Investing: How to Become a Disciplined Investor. (Bookshelf).
Nov 01, 2002 ... by Glen Arnold Valuegrowth investing is an integrated approach that brings together the requirements of growth and value in selected shares. It answers investor questions such as, "What are the crucial elements leading to the successful analysis of shares?", and provides a ...
Alpha Teach Yourself Retirement Planning in 24 Hours. (Bookshelf).
Nov 01, 2002 ... by Alan Feigenbaum and Lita Epstein Alpha Teach Yourself Retirement Planning in 24 Hours guides you through retirement planning in five easy sections: Your retirement needs, your retirement gap, employment and government plans, ...
The Complete Guide to RRIFs and LIFs. (Bookshelf).
Nov 01, 2002 ... by David Tafler and Gordon Pape The Complete Guide to RRIFs and LIFs gives advice and tips for those planning to convert or have already converted their RRSP into a RRIF or LIE Topics include: how to reduce taxable payments from ...
The New Investment Frontier. (Bookshelf).
Nov 01, 2002 ... by Howard J. Atkinson with Donna Green Exchange Traded Funds have been called the next generation of mutual funds. Essentially, they are low-cost, tax-efficient mutual funds that trade on a stock exchange. The New Investment Frontier by Howard Atkinson and Donna ...
Canadian Investment Club Kit. (Bookshelf).
Nov 01, 2002 ... by Investors Association of Canada Written in simple and clear English, The Canadian Investment Club Kit contains everything you need to know about creating a profitable and ...
Fund Profiler. (Bookshelf).
Nov 01, 2002 ... by Southan The Fund Profiler is a Canadian mutual fund program that provides both the database and the presentation tools for financial analysts, planners, and advisers. Aided by such features as daily NAVPS updates, fund manager ...
Money Digest Binder. (Bookshelf).
Nov 01, 2002 ... Keep all of your back issues of Money Digest organized for future reference ....