For the second quarter of 2011, we are pleased that the weighted average net return of our all-equity portfolios was a positive 1.0%, versus a decline of 5.1% for the TSX Composite total return
For the first quarter of 2011, the weighted average net return of our all-equity portfolios was 3.0%, versus a total return of 5.6% for the TSX Composite and a total return of 3.3% for the S&P500 (in $CDN).
We are very pleased to report that 2010 marks our 4th year of outperformance versus the TSX Composite Total Return out of the past 5 years. Since July 2006, when we implemented our new
For the third quarter of 2010, the weighted average net return of our all-equity portfolios was 9.6% compared to a total return of 10.3% for the TSX Composite and 7.8% for the S&P500 (in $CDN).
For the second quarter of 2010, the weighted average net return of our all-equity portfolios was -2.1% compared to -5.5% for the TSX Total Return and -7.1% for the S&P500 Total Return (in $CDN).
For the first quarter of 2010, the weighted average return of our all-equity portfolios was +4.5% versus +3.1% for the TSX Total Return. Our outperformance occurred in January when the TSX declined
Our outperformance versus market indices widened in the fourth quarter of 2009 as our all-equity portfolios increased by an average of +12.9% versus the TSX Total Return which rose by +3.9%.
For the third quarter ending September 2009, we are happy to report that the year-to-date weighted average return of our all equity portfolios is +40.1%, which continues to compare very favorably
For the quarter ending June 2009, we are proud to report that the weighted average return of our all equity portfolios is now +24.5% year-to-date, which continues to compare favorably to +17.6%
During 2008, there was no place to hide, other than US Treasuries and the Yen by default. In the liquidity crisis of last fall, financial markets were behaving in an abnormal way.
There is no doubt that 2008 will go down in history as the worst financial meltdown since the 1930’s. The irresponsible lending and massive leveraging by intertwined global financial institutions
What a difference a few months make. In July, the SEC implemented temporary rules against short-selling shares of leading financial companies for fear that declining stock prices would