If you’ve researched the theoretical foundations of index investing, you’ve no doubt come across Modern Portfolio Theory and the Efficient Markets Hypothesis. And if you read the commentaries of activ [...]
I once went to an investment seminar at my local library. It was attended by a handful of folks who had little or no experience with investing and were looking for someone to put them on the right tra [...]
As loyal readers will know, I’ve been critical of the zeal with which some investors approach dividends. Based on countless blog posts, emails and conversations, I feel that many investors’ preference [...]
Tracking error—the difference between the performance of a fund and that of its benchmark—is the best way to measure an index fund’s true cost. While many investors focus on MERs, a low fee means litt [...]
I haven’t watched Saturday Night Live for a long time, but I’ve been thinking about a classic line from the show’s Weekend Update sketch. Back in 1988, during the Winter Olympics, Dennis Miller opened [...]
Critics of index investing often argue that the strategy is not sensitive to valuation. They feel that a simple strategy of buy, hold and rebalance is folly: there are times when the market is cheap o [...]
Here is part two of my interview with Mary Anne Wiley, Head of iShares, who explains what to expect in the wake of BlackRock's acquisition of Claymore. You can read the first part of the interview her [...]
Back in January, BlackRock—the parent company of iShares—announced that it had acquired Claymore Investments, the second-largest ETF provider in Canada. Since then, BlackRock has been gradually integr [...]
[Note: This post was an April Fool's joke!] The volatility we’ve experienced in the last five years has challenged every investor. Yes, diversification can help, but many of the leading minds in finan [...]
A blog designed for Canadians who want to learn more about investing using index mutual funds and exchange-traded funds.
