Q: Pat: My ex-broker bought a large position in Cymbria for my portfolio. I am now managing my own investments and must decide whether to keep the stock or sell. I would appreciate your opinion on Cymbria. Thanks.

A: Cymbria Corp., $56.00, symbol CYB on Toronto (Shares outstanding: 22.6 million; Market cap: $1.3 billion; www.cymbria.com), is a closed-end fund that invests in a portfolio comprised largely of publicly traded stocks.

Separately, the fund owns 20.7% of EdgePoint Wealth Management, a private firm that sells… Read More

We still like some Ivy funds

In the past, investors bought mutual funds within the “fund families” promoted by fund sellers for a couple of main reasons.

Mutual funds within a particular fund family often shared some key investment characteristic, such as a conservative or aggressive investment approach, or a stress on… Read More

What to Do With Banks

At times like this, when deciding what to do with your portfolio, you should resist the urge to dump high-quality investments just because you think they may get dragged down by a further decline in the market.

After all, when things look bleakest (as they do… Read More

Ivy Funds: 2 Buys, 2 Sells & One Hold

At one time, mutual funds within a particular ‘fund family’ often shared some key investment characteristic, such as a conservative or aggressive investment approach, or a stress on value as opposed to growth.

However, due to corporate mergers and takeovers in the mutual-funds industry, and more… Read More

Just Two of These Ivy Funds Are Buys

At one time, mutual funds within a particular ‘fund family’ often shared some key investment characteristic, such as a conservative or aggressive investment approach, or a stress on value as opposed to growth.

However, due to corporate mergers and takeovers in the mutual-funds industry, and more… Read More