Five Canadian equity large-cap funds likely to outperform

These gold-rated mutual funds have surpassed the S&P/TSX Composite over 15 years.

Ruth Saldanha 3 October, 2018 | 5:00PM
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Most of us love to hear about get-rich-quick schemes that will double our investment overnight. The allure of these propositions increases when the underlying idea is new, or complicated, or sounds like a sure bet, backed by technology or endorsed by several of our peers. Some of these ideas that have become popular recently include cryptocurrencies, marijuana and gold.

However, for consistent long-term financial health, sticking to the ideas that have worked over several investment cycles and have proven track records is usually the best bet.

One of these ideas is Canadian large cap equity. As of Sept. 28, the S&P/TSX Composite Index has returned 3.9% from a year earlier, and just under 1% for the year to date. Over a longer timeframe, however, the S&P/TSX Composite Index has produced a total annualized return of 8% over the past 15 years.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Nova Scotia77.51 CAD0.06Rating
Brookfield Asset Management Inc Class A56.35 CAD-0.09
Canadian National Railway Co137.23 CAD-0.98Rating
Canadian Natural Resources Ltd36.75 CAD-1.24Rating
Canadian Pacific Railway Ltd458.96 CAD3.37Rating
Etsy Inc210.28 USD0.25
Fairfax Financial Holdings Ltd Shs Subord.Vtg566.00 CAD0.71Rating
Imperial Brands PLC21.18 USD2.09
Rogers Communications Inc Class B61.74 CAD-0.11Rating
Royal Bank of Canada115.85 CAD-0.16Rating
Suncor Energy Inc25.15 CAD-1.18Rating
The Toronto-Dominion Bank82.75 CAD0.08Rating
Thomson Reuters Corp114.85 CAD-0.52Rating
Twitter Inc64.31 USD-4.49Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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