SIC
Year to Date | ||
SIC Institutional | 1.8% | 6.3% |
Benchmark* | 1.9% | 5.5% |
* 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI
Global equity markets continued to advance in February as investor sentiment was buoyed by a more sanguine US Federal Reserve. Canadian equities remained in the spotlight supported by strength in the financial, energy and industrial sectors. It remains to be seen, however, if Canada can continue to lead global equities given the muted results from the major banks in the first quarter and the recent setbacks witnessed in crucial pipeline approvals in Canada and the US.
As the table above illustrates, the performance of the SIC
Terry Shaunessy
James Garcelon