Industry

Top 50 tax-efficient mutual funds in Canada

(April 8, 2003) "Taxes exceed management fees and brokerage commissions in their ability to erode long-term investment returns," write Amin Mawani and Moshe Milevsky, both professors at the Schulich School of Business at York University in Toronto, and Kamphol Panyagometh, a post-doctoral researcher working with Mawani and Milevsky. Their work, “The Impact of Personal Income […]

By Scot Blythe |April 8, 2003

2 min read

Taxes take toll on total fund returns, Canadian research study finds

(April 8, 2003) Advisors have long recognized the danger of chasing performance: investors may be buying a fund just as it is peaking. But there’s another hazard to performance: data may disguise substantial tax liabilities. A study by Canadian researchers suggests that taxes eat up as much as 15% of the average fund return, which […]

By Scot Blythe |April 8, 2003

3 min read

OSC attempts to dispel

(April 8, 2003) The Investment Funds Institute of Canada kicked off its 6th annual Investor Education awareness month Monday with a breakfast in Toronto and those who attended were rewarded with an update on the new and controversial “fair dealing” guidelines that the Ontario Securities Commission is soon set to release. The new initiative — […]

By Art Melo |April 8, 2003

4 min read

Brandes beating AGF, says fund researcher

(April 4, 2003) It’s too soon to declare a winner, but one year after fund manager Charles Brandes left AGF to start his own company, the new Brandes funds are outperforming their AGF rivals, according to data compiled by research firm FundMonitor.com. Based on nine-month returns ending March 31, the AGF International Value Fund has […]

By Doug Watt |April 4, 2003

2 min read