No, we’re not talking about New Year’s but rather our newest poll. Read on to find out about this week’s question.
The results are in and it was a close vote but in the end 54% of readers said they wouldn’t invest in a Canadian version of Purpose Investments’ Best Ideas fund.
How very un-Canadian.
One reason could be the backward-looking nature of such a selection process. Another might be that advisors don’t believe in superstar investment managers. A third could be that they don’t see the point of actively managed investing even if the selection process itself really is quite passive.
Who really knows? Regardless, we’re on to the next one.
This week we’re asking advisors what their thoughts are on interest rates, oil prices and the Canadian dollar.