One of the most frequent questions asked by clients is the difference between net invested, book value, and market value. A lot can be said of all three, but the simple explanation is as follows: Net invested: The amount you contributed (minus any money redeemed) Book Value: The amount you contributed plus distributions received Market… Read More
The You First Blog
The past decade has seen a lot of positive evolution for Socially Responsible Investing (SRI). 10 years ago, only a few investment firms offered SRI options, and these funds were usually viewed as niche offerings with higher management fees and lower returns. This is certainly not the case today. In the past three years, Royal… Read More
We hope you all enjoyed your summer. The weather in Vancouver was not always perfect, but a smoke-free August was certainly appreciated! Here is where markets stand for 2019 (year-to-date return as of August 30. Foreign market returns are expressed in Canadian dollar terms): –TSX (Canada): 14.8% –DOW Jones (U.S.): 10.5% –S&P 500 (U.S.): 13.9%… Read More
“I’m amazed how little politicians seem to have learned from history. Nobody is benefiting from a trade war” – Carlos Moedas Trump Tweetstorm – Following New Chinese Tariffs on Imported US Goods – Pushes Markets Lower to End Week Investors flocked to safe-haven assets on Friday following President Trump’s tweetstorm in response to the Chinese… Read More
The yield curve inverted, and the DOW dropped 800 points. Now what? Yesterday, the DOW dropped 800 points, the single largest drop of 2019. This was largely due to news that the yield curve had – briefly – inverted. It is important to note that yesterday’s yield curve inversion was only temporary, as the 10-year… Read More
“President Trump is taxing the USA masses with import tariffs” – Steven Magee U.S. / China Trade Tensions Update Though most of Canada took time to relax and celebrate the Civic long weekend, the U.S. and China missed the memo. Both sides have taken steps to escalate their ongoing trade dispute over the course of… Read More