(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.
In my estimation, what we’ve seen in the markets recently is a healthy
selloff in a broader bull phase that will eventually stabilize. Much of the
market’s actions have been driven by one of the strongest bull quarters
(quarters that haven’t immediately followed a low from a major selloff) in
this now 10-year long recovery from 2008-09 market crash. The motivation
was really driven by many who may have wished to take profit or became
skittish at the prospects of what the new earnings season may uncover.
There are five key reasons I feel the selling will abate and that a floor
will be set, at least for the short-term – until next earnings season in
the first quarter of 2019.
When analyzing the Canadian investment space, it is crucial to ask what are
fund managers doing with the $1.85 trillion allocated to mutual funds, ETFs
and other investment vehicles. Investment funds are often packaged and sold
to investors on some criteria, such as targeting U.S. large caps, emerging
markets, or specific sectors. But before a Canadian investment manager can
invest millions in exchanges around the world, a simple exchange rate
transaction must occur as a prerequisite to participate in global capital
markets. By analyzing the deployable cash in investment funds, we can
assess the street’s market sentiment and get a fix on the liquidity of
investment funds on a cash and cash-equivalents basis.
– I’m in my mid-50s and interested in selling some of my RRSP mutual funds.
I’ve had them for at least 10 years. So, I think I have had them long
enough to not get charged a penalty fee for selling them within a couple of
years. Do they get taxed the same rate as if I had capital gains from
selling stocks in a company? I also have a TFSA question: If I put $5,000
in my TFSA and buy stock that doubles in price to $10,000 and then take out
the $10,000 from the TFSA, can I put $10,000 back in without a penalty?
Even though the original contribution was $5,000? – Randy W.
By Fund Library News Wire | Friday, November 09, 2018
By Mike Keerma
* Market week: Stocks slip on growth concerns.
* CI launches advisor-sold Alternative funds.
* Horizons debuts “Industry 4.0” ETF.
* Market week: Stocks slip on growth concerns. The major
stock indices slipped on the week against a background of growing concern
over a global economic slowdown, especially in China, as the price of
slid into bear market territory (down 20% from its recent peak). The U.S.
Federal Reserve Board held its trend-setting federal funds rate unchanged
on Thursday, at between 2% and 2.25%, with a hike still widely expected
next month. The
S&P 500 Composite Index
lost 1.0% on the week, led by heavy selling in
General Electric Co.
following disappointing quarterly earnings results. The
Nasdaq Composite Index
retreated 1.6% on the week. And Toronto’s
S&P/TSX Composite Index
edged back 0.5%.