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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