(i) Benchmark securities serve as a general indicator of the level and directional movement of the overall debt market. In the Canadian fixed income market, benchmark (also known as bellwether) securities are the current 3-month, 6-month, and 1 Year Government of Canada Treasury Bills and 2-year, 3-year, 5-year, 10-year and 30-year Government of Canada Bonds. Benchmark Treasury Bills and Bonds are often used to determine the relative values of other fixed income securities.
(ii) CanDeal provides institutional market participants with an electronic marketplace for Canadian dollar debt securities that delivers optimal transparency, efficient trade execution and unique business intelligence data, while reducing operational risk. Institutional investors from around the globe leverage CanDeal to gain direct access to our dealer network, including all of Canada's Primary Dealers. CanDeal is the benchmark for Canadian fixed income pricing. Sourced directly from our dealer network, hundreds of thousands of price updates are received daily to produce a real-time “bid/ask” composite of the market. For more information or to inquire about further bond information, visit www.candeal.com.
By Fund Library News Wire | Friday, January 20, 2017
By Mike Keerma
* Stocks mostly flat on the week. * Horizons launches currency fund.
* IA Clarington debuts RI bond fund.
North American stock indices closed generally higher on Friday, following
the inauguration of Donald Trump as the 45th U.S. president.
However, U.S. markets eased back on the week overall, closing just slightly
below breakeven, as investors digested an increase in December’s all-items
consumer price index to an annual 2.1% rate, raising concerns about the
possibility of rising rates and a stronger dollar, against a backdrop of
the potential for protectionist trade policies reiterated by President
Trump during his inaugural address. The
S&P 500 Composite Index
closed Friday with a marginal weekly loss of -0.2%, while the
Nasdaq Composite Index
lost -0.3% on the week. Toronto’s benchmark
S&P/TSX Composite Index
advanced 0.3% on the week, buoyed by the rising price of both
– I’m a new investor, and I want to start up a Registered Retirement
Savings Plan. But I find the information on how much I can contribute and
what I can invest in a little confusing. Could you summarize for me? – Shirl D., Toronto, Ontario
Last June, the federal government and provincial governments agreed in
principal to an expansion of the Canada Pension Plan (CPP). Currently, the
maximum payout you can get from the CCP at age 65 is $13,110 a year. The
expansion of CPP could mean an annual income of $20,000, although it would
take many years to reach that level. That might appeal to Millennials, but
it’s not such great news for Baby Boomers.
The U.S. market is one of the toughest to beat on a consistent basis, which
is why I tend to favor low cost exchange-traded funds (ETFs) for my U.S.
equity exposure. However, if you are using a financial advisor and are
looking for a well-managed, high-quality mutual fund that will give you a
shot at outperforming the S&P 500 once in a while, then the
Manulife U.S. Equity Fund, which mirrors the
Mawer U.S. Equity Fund, is definitely worth considering.
Replying to criticism during the Great Depression for changing his position
on monetary policy, economist John Maynard Keynes famously quipped “When the facts
change, I change my mind. What do you do, sir?” Our Investment Committee at Forstrong Global Asset Management
may use the same words regarding our interest rate outlook.