What is Pat's commentary for the week of May 8, 2012?

We’ve often pointed out the drawbacks of putting your money in investment funds that charge performance fees. These fees don’t always backfire on investors, of course. But when they do, the damage can be horrendous. This is clear from a look at the record of… Read More

The Stock Pickers Digest Hotline – Friday, April 3, 2009

CALIAN TECHNOLOGIES, $13.99, symbol CTY on Toronto, rose this week after it won a five-year, $100-million contract extension from Canada’s Department of National Defence. The contract includes options for four additional years. If the military exercises these, the contract could last up to nine years.

Calian… Read More

Thanks for your not-quite-perfect advice over the years. What am I missing with the Brompton VIP Fund? It looks like a closed-end fund trading at less than net asset value and a 16% return. Thanks.

Brompton VIP Income Fund, $6.28, symbol VIP.UN on Toronto (Units outstanding: 47.2 million; Market cap: $296.4 million), holds a portfolio of mostly income trusts, along with some common stocks and bonds.

The fund focuses on business trusts, with smaller weightings in real estate investment trusts… Read More

Overseas Growth Offsets Subprime Risk

GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth Portfolio, Finance sector; Shares outstanding: 892.2 million; Market cap: $31.2 billion; SI Rating: Above average) earned $0.61 a share (total $544 million) in the second quarter of 2007, up 17.3% from $0.52 a share ($461 million)… Read More