Asset allocation funds are overrated as an investment strategy. Here’s why

Asset allocation funds are overrated as an investment strategy. Here’s why

Asset allocation funds work great in hindsight—but they’re far less effective at forecasting the future.
Traditionally, asset-allocation funds adjust their portfolio weightings between stocks, bonds and cash in order to capitalize on perceived shorter-term investment opportunities in any one of those classes. For example, if the… Read More

Sun Life Financial and Manulife Financial Corp. yields 3.5 and 3.8% plus Asian exposure

Sun Life Financial and Manulife Financial Corp. yields 3.5 and 3.8% plus Asian exposure

Improved sales in Asia led to a 1.3% and 14.2% earnings gains for these two companies during their most-recent quarter.

Both firms recently raised their dividend payouts.

The stocks trade at just 8.3 and 11.6 times each company’s 2020 earnings forecast.


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MANULIFE FINANCIAL CORP. (Toronto symbol MFC; www.manulife.ca)… Read More

A 27.9% earning jump for Power Corp.

A 27.9% earning jump for Power Corp.

Improved sales of life insurance, investment funds and other financial products drove the 27.9% jump in revenue for this company during the most-recent quarter.

A recent company reorganization should further unlock value for shareholders, already receiving a 4.9% dividend yield.

The stock nonetheless trades at just 10.4… Read More