Despite a rebound in the resources sectors, Canadian equity funds posted modest losses during the month
The worst performers for the month were natural resources equity, European equity, and energy equity
The firm’s submission to the CSA’s consultation says embedded commissions create a conflict of interest
The worst performers in May were fund indices that track sector-specific categories
18 fund indices increased by more than 2%
Foreign equity funds benefit from positive markets, weaker Canadian dollar
The energy equity fund index was the worst performer
Stephen Arpin, William Otton, Hanif Mamdani and RBCGAM honoured
Currency effects detracted from performance for most foreign-equity fund categories
Financials, energy funds top the performance table as markets adjust expectations