Looking Back...What’s Next?

We are quite pleased with the performance of the Canadian MoneySaver Model (CMS) portfolio. Over 2016, the CMS portfolio is up 13.3% including cash distributions. On a price basis alone, the portfolio showed a 10.6% return versus our benchmark return of 9.2% over the same period. This resulted in our portfolio adding 1.4% of alpha over the benchmark. There will be plenty of opportunities in both equity and bond markets during 2017. It may surprise our readers that we will be making...