The Alts Are Coming, The Alts Are Coming.

The ever-innovative investment fund industry has given us Return of Capital mutual funds, Leveraged Exchange-Traded Funds (ETF)’s, the Deferred Sales Charges (DSC) mutual fund and the unforgettable Labour-Sponsored Investment Fund. As to the core business, actively-managed mutual funds, the latest SPIVA Report ( https://us.spindices.com/documents/spiva/spiva-canada-scorecard-year-end-2018.pdf?force_download=true ) paints a gloomy picture of active management. The majority of funds in...