Wednesday, May 28, 2008

Risk of the Canadian market

This is Jeff Wareham, ScotiaMcLeod wealth advisor, with some thoughts for investors outgrowing their mutual funds…


If you have been listening to my commentary the last two weeks, you will now that I have been banging on the drum of the risk the Canadian market presents to those holding ETFs, Canadian Index funds, and Canadian mutual funds. Yesterday, and essentially over the last week, the TSX has been hammered by a relatively minor drop in global energy and commodity prices. The reality is, a slowdown in the global economy could significantly harm investors who have been happy to participate in the upward market movement over the last couple of months.


Proper diversification and risk management is almost impossible by investing in only the Canadian market.


Learn more about diversifying, in a market that is dominated by the global commodity story.


Have you outgrown your mutual funds?


For a review your portfolio, or a complimentary copy of my CD, visit www.beyondfunds.ca or call me, Jeff Wareham, at 519 660 3260.

This program is for information purposes only. Fees, management fees, and commissions may be associated with mutual fund investing Investors should consult their prospectus before investing. Views expressed are those of the author, not Scotia Capital. ScotiaMcLeod is a division of Scotia Capital Inc, member CIPF.

No comments: