Not just another (Canadian) financial blog… and maybe the oldest Canadian financial blog???
Check out this podcast from November 15, 2006 about equal-weight indexes with a guy from Rydex Funds. Rydex has recently created 9 new equal-weight sector indexes. He says that success of Rydex’s S&P 500 Equal Weight (RSP) is one of the reasons these 9 ETFs were introduced. If you are interested in equal-weight indexes at … Continue reading “9 New Rydex Equal-Weight Index ETFs”
I found a little report on the equal weighted S&P 500 Index “Are equal weighted indexes better than market cap weighted indexes?” It summarizes what we knew already, that the S&P 500 Equal Weight Index holds more of more of the smaller large-caps and less of the large large-caps and so its superior performance of … Continue reading “Equal-Weight S&P 500 Index”
Back on March 5th, I mentioned a proposed portfolio my advisor and I were working on. We finally came to an agreement on my allocation and what to buy, and this is what I bought on March 10, 2006: RRSP holding Type Account % CI Value Trust US Equity 11.3% Templeton International Stock Fund International … Continue reading “Portfolio Update: Settled In”
If you have read my last post you will know by now that I am set to start my new portfolio at Clearsight. I have been debating what to choose for my US equity component, and whether or not to go with my advisor’s recommendation of CI Value Trust (satellite fund of Legg Mason Value … Continue reading “Too Many Choices (or why I am ready to give up)”
My RRSP holdings at TD Canada Trust have been transferred from TD to Clearsight in-kind, meaning that they been transferred whole without being sold first. I was only required to sell my TD eFunds to transfer them. Now my advisor and I are getting ready to sell all my TD holdings and start my long-term … Continue reading “Portfolio Update”
I predict that within the next 10 years we will see a wave of new index ETFs and index/passive mutual funds. Almost all indexes currently available (and the ETFs and mutual funds that track them) are market-cap weighted. The technique that is usually used is that the stocks in some set (all Canadian stocks for … Continue reading “Non-Market Cap Weighted Indexes: The Next Big Thing”
This is somewhat old news, but still newsworthy: Bill Miller’s Legg Mason Value Trust Fund has beaten the S&P500 for the 15th consecutive year. Canadian investors can invest in this fund through the CI Value Trust fund. It is interesting that in the past two and a half years, he hasn’t been able to beat … Continue reading “Bill Miller Beats S&P 500 for 15th Consecutive Year”
For those who don’t already know, I am not a fan of market-cap-weighted indexes like all the S&P Canadian indexes and the US S&P 500. In the US S&P has the S&P Equal-Weight Index and there is an ETF that tracks it, the Rydex S&P Equal Weight ETF. In Canada there is no such index … Continue reading “S&P TSX 60 Equal-Weighted Index”
Found an old article from 2004 about the S&P Equal Weighted Index, “Buy the S&P 500 with better returns,” which can be bought under the Rydex S&P Equal Weight EFT (RSP). The S&P Equal Weight index holds all the stocks in the S&P 500 index equally (0.2% each). Rebalancing works like this: If the share … Continue reading “S&P 500 equal-weighted index”
I uncovered and interesting article, “The S&P 500 is a mutual fund – and a bad one,” written in 2002. As someone who has considered buying shares of SPY to make up the major part of his US portfolio, this article, claiming that the S&P 500 is a bad mutual fund was a must read. … Continue reading “Is the S&P 500 a passive index or an actively managed mutual fund?”