Q: Hello, TSI team. As a long-time Inner Circle member, I value your opinion. I would appreciate your thoughts on the Desjardins Alt Long/Short Equity ETF as a vehicle to park cash for a number of months while waiting for opportunities. I realize the fees are relatively high, but it seems to have weathered the February/March turbulence quite well. Thank you.

A: The Desjardins Alt Long/Short Equity Market Neutral ETF, $21.15, symbol DANC on Toronto (Shares outstanding: 11.9 million; Market cap: $251.7 million; www.fondesjardins.com), holds a portfolio that consists primarily of pairs of Canadian stocks in the same sector, one of which is a long position… Read More

Investors continue their march toward ETFs

Exchange-traded funds (“ETFs”) have taken the investment world by storm.
In Canada, ETF assets under management have grown by 150% over the past five years, from $77 billion to $192 billion. At the same time, the number of ETFs has doubled. Robust growth was also evident… Read More

Greece’s appeal rises again for investors

If you’re like a lot of Canadians, your foreign investment is often spurred by a vacation abroad. Greece’s sundrenched islands and archeological wonders are undoubtedly attractive, but many investors wonder about the future prospects for its stock market.
The Greek economy is emerging from a deep… Read More

Here’s your primer for precious-metal gains

Investor demand for gold is very strong right now, with consistent buying by central banks as well as exchange-traded funds. Silver has also moved lately, but platinum has lagged.
Those last two precious metals have proportionally larger industrial applications than gold (see graph), which strengthens their… Read More

International stocks seem inexpensive

The U.S. equity markets and the U.S. dollar have been star performers for the past decade. However, there are signs that their dominance may be ending.
The U.S. economy makes up about 25% of the global economy, while its equity markets represent 56% of the global… Read More

Holding cash can hurt your returns

Cash can be a useful asset in a balanced portfolio, although the very low-interest rates of the last decade greatly diminished the attractiveness of that strategy. Nevertheless, many investors will hold a portion of their portfolios in cash to cover emergency expenses or to take… Read More

These ETFs help cut your commodity risk

Commodities can help diversify portfolios, but are cyclical and come with high levels of price volatility.
However, well-diversified ETFs that offer exposure to commodity producers can help investors overcome the problems associated with direct investments in physical commodities or funds that track a single commodity.
Below, we… Read More

ETFs can offer big cost savings over mutual funds

ETFs have two major advantages over traditional mutual funds.
First, they are easy to trade on stock exchanges, which gives them better liquidity.
Second, and perhaps more important, ETFs provide a low-cost investment option. In many cases, they also have superior performance results compared to mutual funds,… Read More

Hedge your bets in the technology industry

The technology industry can be extremely profitable—for those companies that get it right. However, the industry is dynamic and highly competitive, leaving a graveyard full of failed startups and once successful companies that were overtaken by competitors. Investors in this segment need to be extremely… Read More