June 23, 2008 Morning Spot

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

Last week was certainly interesting, with a new record high on the TSX, followed by a significant sell off as the week came to a close.

This week may promise more of the same, as investors seek clarity on the direction of the price of oil.

Proper diversification should protect an investor from the risk of any single news item, but many studies have shown that Canadian investors are heavily concentrated in their home market.

As your portfolio grows, diversification becomes more and more important, and in times like these, it is critical to ensure you are diversified, and have a plan to stay that way.

Does your current plan have a strategy for diversification?

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.