Some fund managers see a strong upside among Canadian resources companies
Precious metals equity fund index up 52%
“There are many high-quality companies trading at reasonably low multiples,” says one Canadian equity fund manager
“Looking at the market in general, we don’t think valuations are stretched,” says one small- and mid-cap fund manager
Inflation fears hammer fixed-income categories
Investors are beginning to realize that these markets are expanding faster than developed countries, says a fund manager
Natural resources fund index posts the best return for the month
“There is more macroeconomic risk than there has been for a long time,” says one mutual fund manager
Darkening economic prospects are unnerving investors. “We’re in a multi-year bull run for gold,” says one manager
Many equity categories post double-digit returns