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December closes out disastrous year for equity funds: Morningstar
Equity funds in Canada had one of their worst years ever in 2008, as markets around the world braced for what could be a painful recession. |
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A disastrous year for equity funds, Morningstar data show
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Equity funds in Canada had one of their worst years ever in 2008, as markets around the world braced for what could be a painful recession. All of the Morningstar Canada Fund Indices that track either equity or balanced fund categories had negative returns for the year, according to preliminary performance data released today by Morningstar Canada. |
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The art of index investing
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Warren Buffet got it right. Arguably, the world's best know investor has for years been advocating to both private and professional investors that the simple index funds offer superior returns to actively managed portfolios. |
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