Commodities, precious metals slump deepens
Precious metals fund index tumbles 12.5%
Only 39% of Canadian equity active mutual funds outperformed the S&P/TSX capped composite index
81% of growth managers beat the benchmark
“Your spreadsheet may have looked good six months ago, but it’s not looking so clever today,” says one fund manager
Performance of Acuity Clean Environment Equity fund has been good, but some analysts question fees, turnover
Rising commodities prices boost resources funds
Emerging economies are driving demand, they say, and we could be in a period of sustained high prices
Worries of recession caused by the credit crunch and the subprime mortgage mess have been factored into the market
RBC Canadian Equity Fund boasts a lower MER than BMO Equity Fund