The worst-performing fund indices were precious metals equity, natural resources equity and energy equity
Better-performing funds in the sector have bypassed Canadian stocks and sought opportunities in the U.S. and Europe
Every major stock market in the world was down in February, with losses typically ranging from 3% to 6%
Canadian equity income funds face both headwinds and tailwinds as interest rates rise amid strong economic growth
Portfolio managers of global fixed-income funds brace for more rate hikes amid optimism about global economic growth
Defaults are declining in the high-yield arena as corporate issuers enjoy rising profitability and strong balance sheets
The energy sector continued to impede domestic equity and sector funds
Canadian equity balanced funds have benefited from low interest rates and global growth. Portfolio managers are upbeat, but selective
Domestic equity funds had positive results for the year but trailed their foreign counterparts
Canadian markets trailed those in the U.S. last year, but portfolio managers see some positives. One caution flag is the economic cycle's late stage