Canadian mutual funds are diversified portfolios of equities and other investments that trade on Canadian stock markets, in which small investors can take part. They are an investment product involving individual shares, called units.
Most funds are set up because a fund sponsor has a saleable idea. It may or may not be a good investment idea, and these days it often isn’t. Marketing departments are in charge at many mutual fund organizations, leading to management decisions that are mainly aimed at selling new units of mutual funds, rather than safeguarding the interests of the investors buying mutual funds.
Studies of top performing mutual funds show most of their investors who jump in at the top will lose money or make negligible returns. That’s because most investors in a top performing fund only buy into the fund after it has already made big gains. Investors also tend to sell former top performing funds only after a major slump in the value of their holdings. When you chase investment performance, it’s all too easy to buy at the top and sell at the bottom.
Some tips on Canadian Mutual Fund investing include avoiding mutual fund managers who trade heavily, avoiding purchasing mutual funds with a lot of dead weight, and avoiding mutual funds with anonymous managers.
Improve your investing in Canadian mutual funds by following TSI Network and using our three-part Successful Investor strategy:
Invest mainly in well-established companies;
Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; the Consumer sector; Finance; Utilities);
Downplay or avoid stocks in the broker/media limelight.
The U.S. is the sole country worldwide that requires its citizens to file an income tax return and report any income regardless of where they live or whether they hold dual citizenship in another country. That’s unlike Canada, which mainly bases its tax system on… Read More
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on successful investing, including how to profit in Canadian mutual funds. Each Investor Toolkit update gives you… Read More
Many investors buy units of asset allocation mutual funds because they think these funds provide an easy and profitable way to diversify between stocks, bonds and cash equivalents.
How asset allocation funds work
Asset allocation funds are mutual funds that can shift their portfolio allocations between… Read More
Investors continue to look for ways to profit from rising commodity prices. Some are considering a unique kind of tax shelter: flow-through funds.
Flow-through funds mainly invest in flow-through shares issued by junior mining and oil companies. The companies spend the money they receive for these… Read More
Here are 4 rules we stick to when we’re researching mutual funds to include in our newsletters and investment services. While there is never any guarantee of a mutual fund’s performance, following these rules should help you avoid making poor choices.
When investing in mutual funds, all too many amateur and professional investors and advisors try to take the easy way out. Instead of looking at the hard stuff — company fundamentals, industry trends, business plans and so on — they try to profit with a.. Read More
Recently, we’ve heard from some investors who sold most or all of their stocks and mutual funds during the recent downturn.
Now, a number of these investors want to get back in, and many are considering Canadian mutual funds. But they wonder whether they should buy… Read More
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The contents of this web site and our publications are based upon sources of information believed to be reliable, but no warranty or representation, expressed or implied, is given as to their accuracy or completeness. Any opinion reflects the Successful Investor’s judgment at the date of publication and neither the Successful Investor, nor any of its affiliated companies, nor any of their officers, directors or employees, accepts any responsibility in respect of the information or recommendations contained in the publications or on this web site. Moreover, the information or recommendations are subject to change without notice.
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