June 18, 2008 Morning Spot

This is Jeff Wareham, ScotiaMcLeod Wealth Advisor, with some thoughts for investors outgrowing their mutual funds.



Yesterday’s rally brought us to a new record close for Toronto, but our market remains out of step with global returns, as many markets remain far off of their highs.



Investors may be tempted to stay local in their thinking, and there are many reasons to be committed to investing in Canada for the long term, but a local view could become very expensive if we see any correction in either energy or commodity stocks in the next few months.



We have been through months of volatility and global uncertainty. Diversifying globally is not necessarily easy to do, or without risk, but it may protect you from the risk of a significant downturn in oil or commodity prices.



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.