Q – Canadian inflation seems to be quite low. Yet financial advisors and commentators keep talking about it as if it were a big problem for the Bank of Canada. Should I be worried about the impact of inflation on my investment portfolio? – Thomas K., Whitby, Ontario
By Fund Library News Wire | Thursday, April 17, 2014
Stock markets advanced broadly on the truncated four-day week ahead of the Easter long weekend, as the S&P/TSX Composite Index rose 1.7% on the week, while the S&P 500 Composite Index rallied 2.7%, for its best weekly gain since last July. Investors regained some optimism after diplomatic discussions in Geneva unwound some of the tension between Russia and the Ukraine. In addition, positive economic indicators released last week bolstered Federal Reserve Chair Janet Yellen’s reassurances last week about continuing low inflation, suggesting that the Fed is unlikely to stray from its current policies.
Fund company:Fidelity Investments Canada Fund type: Canadian Equity Fundata FundGrade® Rating: B Style: Growth at a Reasonable Price Risk level: Medium Load status: Optional RRSP/RRIF suitability: Good TFSA suitability: Good Manager: Maxime Lemieux since November 2009 MER: 2.28% Code: FID 225 (front-end load) Minimum investment: $500