Sorry but this is one broken record worth listening to…

Last month S&P Global published it’s 2016 mid-year SPIVA Canada Scorecard which compares the performance of actively managed Canadian-based mutual funds with their benchmarks.  The conclusion is clear: actively managed funds, after fees, underperform their benchmarks over time.  Investors may be better served using passively managed alternatives such as index tracking mutual funds and exchange traded funds […]