Mackenzie broadens ETF line-up with proven portfolio management expertise combined with flexibility and liquidity
Mackenzie Financial Corporation (Mackenzie Investments) announced the launch today of three new Exchange Traded Funds (ETFs) that broaden choice, opportunity and diversification for investors.
As interest rates in Canada and the US move higher, many Canadian investors are likely wondering whether dividend-paying companies will remain a sound investment going forward.
Time is limited for your clients to be eligible for a 2017 tax receipt for donations to the Strategic Charitable Giving Foundation. Learn more about the recommended timelines that can assist you in meeting the deadline.
Jonathan Norwood, Portfolio Manager on the Mackenzie Cundill Team, focuses on the elephant in the room of equity markets, particularly US markets.
November 10, 2017
US equities have performed well to the end of the third quarter. The Russell 2500 TR index returned 11.0% in US Dollars (3.0% in Canadian Dollars). Year to date the market continued to be led by Health Care and Technology, but in the third quarter there was a rebound in the more cyclical sectors.
The number of countries now participating in the current global economic expansion reached levels last seen in the mid-2000s. With such breadth, the global economy is now lifting PMI and other leading indicators higher, confirming the early sign that the global economy has reached a point where growing capital expenditures can be sustained.
The third quarter of 2017 started where the month of June ended with a negative return of 0.71% for the CFE category for the month of July. Luckily, the next two months were both positive, allowing the CFE Category to return +2.06% for the Quarter.