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Money Digest

Web sites let you leave no fund unturned: track fund lists, set up portfolios and get a handle on long-and short-term performance

Web sites let you leave no fund unturned: track fund lists, set up portfolios and get a handle on long-and short-term performance – Investing in Mutual Funds Web sites a wealth of tracking information After purchasing mutual funds, it’s natural and often wise to want to see how they are doing. Well, there is a […]

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Tax advantages of borrowing to invest: if you borrow to buy certain assets outside a sheltered plan, interest may be deductible

Tax advantages of borrowing to invest: if you borrow to buy certain assets outside a sheltered plan, interest may be deductible David Karas In “The Canadian financial system,” the concept of a tax shelter has been virtually eradicated. There have been various schemes over the years promoted by governments and sold by financial advisers to […]

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Money Digest

10. Canadian mutual funds index

10. Canadian mutual funds index Below is a listing of Canadian mutual funds by different categories such as Canadian equity funds, U.S. equity funds, International equity funds, balanced funds, dividend funds, bond and mortgage funds, real estate funds, specialty funds, and money market funds. In addition, the index shows whether a fund is eligible for […]

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Acquisitions on horizon for Great Lakes Hydro: Canada s second largest power trust has increased distributions of late

Acquisitions on horizon for Great Lakes Hydro: Canada s second largest power trust has increased distributions of late – Income Trusts Doug Hawkins The Great Lakes Hydro Fund (TSE: GLFI.UN; Recent price: $14.39 ) is an unincorporated, open-ended trust established under the laws of the Province of Quebec. The fund is governed by an independent […]

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New Mutual Fund-Linked GIC from AGF

New Mutual Fund-Linked GIC from AGF – Money Matters AGF Trust’s new Mutual Fund Linked GIC offers investors the opportunity to participate in 65% of the market gains from three AGF mutual funds. Investors get both the protection of a GIC with the opportunity of higher return. The five-year GICs pay a guaranteed 5% at […]

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Enerplus Resources Fund has superb record

Enerplus Resources Fund has superb record Doug Hawkins Enerplus Resources Corporation (TSE and ME: ERF.G, $4.50) was created in 1985 to purchase proven, producing oil and gas properties and to issue interests in these revenues in the form of royalty trust units. Cash flow from the properties is paid directly to unitholders while minimizing deductions […]

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Amex Gift Cheques in time for Christmas

Amex Gift Cheques in time for Christmas What do you buy the person who has everything? Well, American Express is positioning its new Gift Cheques as the answer to the age-old quandary. The beauty of the gift cheque is that it has no expiry date, is completely refundable if lost or stolen and can be […]

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Closed-end fund discounts can be attractive: investing in funds that are heavily discounted reduces long-term risks

Closed-end fund discounts can be attractive: investing in funds that are heavily discounted reduces long-term risks – Closed-End Mutual Funds Closed-ended funds are traded on stock exchanges like stocks. But closed-end funds are not really stocks; they are investment companies that hold a portfolio of investments such as stocks, bonds or any other traded securities, […]

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– ETrade Canada is the top online discount broker

– ETrade Canada is the top online discount broker * An online survey by Gomez.com ranked E*Trade Canada as Canada’s top online discount broker. The survey rated firms on onsite resources, ease of use, cost, relationship services and customer confidence. The top five firms were E*Trade, eNorthern, BMO InvestorLine, TD Waterhouse and Schwab Canada. COPYRIGHT […]

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Money Digest

Intrawest: a smooth resort operator

Intrawest: a smooth resort operator Patrick McKeough Intrawest Corp.’s stock trades below 14 times projected earnings for 2001 Intrawest Corp. (TSE: ITW; Recent price: $29; Rating: Intrawest’s 10 resorts include Whistler/Blackcomb and Panorama in B.C., Blue Mountain in Ontario (50%), Mont Tremblant and Mont Ste. Marie in Quebec, Stratton in Vermont, Snowshoe in West Virginia, […]