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Wealthsimple review 2020 Sep 17th
Maybe you’re here for our Wealthsimple review because its slick ads featuring frank talk on finances from Hollywood actors, such as Mark Duplass and Aubrey Plaza, made you curious. Or maybe its highly relatable celebrity social media posts, like Queer Eye’s Jonathan Van Ness declaring his First .... More »
Creating your will: a guide for couples Nov 4th
From deciding whether your prickly sister-in-law should be the executor, to how much money you should leave to your spendthrift nephew, estate planning is fraught with emotional hiccups—especially when you’re strategizing for two.
As many couples know, big feelings often get in the way when it c.... More »
Why healthy money conversations are key to building wealth together Jul 8th
When it comes to building wealth, most people focus on investments, debt levels, or market performance. But what if the real threat to your financial future isn’t any of those? According to Co-authors of Money Together, Heather and Douglas Boneparth, the biggest risk is hiding in plain sight: the .... More »
Morneau faces more questions despite promise to sell shares, use blind trust + MORE Oct 20th
One day after he promised to sell off at least $21 million worth of family assets, Finance Minister Bill Morneau is facing still more questions over how he handled his personal fortune when he entered government in 2015.
In hope of quieting conflict of interest accusations, the former businessman ha.... More »
The best GIC rates in Canada for 2024 May 30th
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The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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Shares soar as Jamieson Wellness makes TSX debut
– theglobeandmail.com
Toronto-based vitamin baker sold $300-million worth of its shares through its IPO and a secondary offering
Government formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payout – CBC.ca
– news.google.ca
CBC.caGovernment formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payoutCBC.caThe federal government has formally apologized to former Guantanamo Bay prisoner Omar Khadr, confirming Friday a financial settlement has been reached to end ongoing legal action. "On behalf of the government of Canada, we wish to apologize to Mr.Canada Abandoned Omar Khadr Twice. He Was Owed An ApologyHuffington Post CanadaFederal government issues public apology to Omar KhadrCTV NewsOmar Khadr on moving on after settlement, apology: 'I just want to be a normal person'Globalnews.caThe Globe and Mail -Macleans.ca -Toronto Star -National Observerall 132 news articles »
RBC Revamps Its Index Fund Lineup
– CanadianCouchPotato.com
In my last post, I reviewed RBC’s forthcoming lineup of traditional ETFs, which will appear later this summer. The launch of these ETFs will also spark some changes in RBC’s index mutual funds: they’ll be getting new benchmark indexes and lower fees, and in some cases they’ll use the new ETFs as their underlying holdings. It’s good news for investors who want to use index mutual funds rather than ETFs, so let’s take a closer look.
We’ll start with the two equity funds that will see only a new benchmark, with no change to their structure.
The RBC Canadian Index Fund (RBF556) currently tracks the S&P/TSX Composite Index, but as of September it will be pegged to the FTSE Canada All Cap Domestic Index. (You can find the factsheets for all of FTSE’s indexes here.) These two indexes are very similar, so this is not a terribly meaningful change. The FTSE index is the same one tracked by the soon-to-be-launched RBC Canadian Equity Index ETF (RCAN), but the mutual fund will not use this ETF as its underlying holding—at least not yet…
We’ll start with the two equity funds that will see only a new benchmark, with no change to their structure.
The RBC Canadian Index Fund (RBF556) currently tracks the S&P/TSX Composite Index, but as of September it will be pegged to the FTSE Canada All Cap Domestic Index. (You can find the factsheets for all of FTSE’s indexes here.) These two indexes are very similar, so this is not a terribly meaningful change. The FTSE index is the same one tracked by the soon-to-be-launched RBC Canadian Equity Index ETF (RCAN), but the mutual fund will not use this ETF as its underlying holding—at least not yet…
