March 2016 fund performance

Varying weights to energy, materials and Valeant Pharmaceuticals made the difference for medalist funds in the Canadian Equity category in March 2016.

Christian Charest 28 April, 2016 | 5:00PM Achilleas Taxildaris

 

 

Achilleas Taxildaris: The Canadian Equity category slightly outperformed the [S&P/TSX Composite Index] for the month of March with a 5.5% return, but still trails the benchmark year-to-date with a 3.7% return. Lower exposure in the metals and mining sector and energy sector explains most of this underperformance year-to-date. This underperformance helped active managers in 2014 and 2015 to mitigate losses and trail the benchmark right now as the resource sectors rally.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bausch Health Companies Inc40.74 CAD1.34
Canadian Natural Resources Ltd36.20 CAD0.30
Canadian Tire Corp Ltd208.00 CAD3.41
Enbridge Inc44.25 CAD0.66
Nutrien Ltd70.26 CAD-0.20
Saputo Inc35.88 CAD-1.37

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Christian Charest

Christian Charest  

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