Investment Alternatives

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

Interest rates are nearing record lows, which is great news if you have a mortgage, but not so good if you are looking for secure returns in this volatile market. On Wednesday, I discussed that there are many investment alternatives for safety concious investors seeking better returns than GICs. Yesterday, I was reviewing a list of Canadian bank bonds, which were offering yields between eight and nine percent! I believe these represent incredible value in difficult markets, especially considering GIC rates. If you are feeling badly wounded by this market, why not seek the safe haven of bonds in Canadian financial institutions? For more information on this subject, tune in tomorrow at 8:30 for a more in depth discussion of the subject. Do you want to discuss your alternatives?

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