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Kenneth Doll, fee-only, advice-only financial planner + MORE Jun 11th
Meet Ken Doll
Ken has been providing financial, retirement and estate planning solutions for over 28 years. He has worked with prominent families, professional athletes (NHL players), executives, business owners, professionals, and farmers and ranchers, many with a high net worth ($2 million to o.... More »
3 mistakes you might be making as a self-directed investor, and how to fix + MORE Jul 7th
If you’re a self-directed investor, you already know you’re saving a bundle on the fees and commissions that advisors and investment firms charge. Your take-charge attitude should pay off, so long as you steer clear of the investing errors below that can cost you your returns. To avoid that fate.... More »
Highest-income households saw investment gains while wages dropped for lower-income ones in 2024: StatCan - CTV News + MORE Apr 14th
Highest-income households saw investment gains while wages dropped for lower-income ones in 2024: StatCan CTV News.... More »
Nasdaq applies to operate stock exchange in Canada + MORE Oct 12th
The head of Canada's biggest securities regulator says its staff have reviewed an application by Nasdaq Inc. to operate a stock exchange in Canada, but it hasn't yet come before the board..... More »
Bank of Canada surprises with 100bp rate hike to tame inflation - Reuters Canada + MORE Jul 13th
Bank of Canada surprises with 100bp rate hike to tame inflation Reuters CanadaBank of Canada hikes interest rate to 2.5% CBC NewsDemand for N.B. homes stable despite interest rate hikes, say real estate agents Global NewsBank of Canada’s major interest rate hike is.... More »
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…
