by James Garcelon | Aug 12, 2019 | Reports
SIC Multi Asset Institutional Composite July 2019 Year to Date SIC Institutional 0.0% 10.0% Benchmark* 0.4% 10.4% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI The S&P 500 rose 1.9%...
by James Garcelon | Jul 22, 2019 | Reports
Will the First Half be a Hard Act to Follow? A friend of mine once said that the hardest shot in golf is the one after a great drive. The same could be said for equity markets after the first half of this year. Year to date the S&P TSX Composite, S&P 500,...
by James Garcelon | Jul 10, 2019 | Reports
SIC Multi Asset Institutional Composite June 2019 Year to Date SIC Institutional 2.4% 10.0% Benchmark* 2.0% 10.0% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI The US Federal Reserve came...
by James Garcelon | Jun 12, 2019 | Reports
SIC Multi Asset Institutional Composite May 2019 Year to Date SIC Institutional -3.2% 7.5% Benchmark* -2.1% 7.8% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI In May, global stock markets were...
by James Garcelon | May 10, 2019 | Reports
SIC Multi Asset Institutional Composite April 2019 Year to Date SIC Institutional 2.4% 11.0% Benchmark* 2.2% 10.2% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Global stock markets performed...
by James Garcelon | Apr 20, 2019 | Reports
Lessons Learned The first quarter saw global markets surge higher. Both global equities and fixed income posted strong results. Global equities as measured by the MSCI World Index returned a whopping 10.2%. While it is true that two important developments carried...
by James Garcelon | Apr 10, 2019 | Reports
SIC Multi Asset Institutional Composite March 2019 Year to Date SIC Institutional 1.9% 8.3% Benchmark* 2.2% 7.9% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Global capital markets continued to...
by James Garcelon | Mar 12, 2019 | Reports
SIC Multi Asset Institutional Composite February 2019 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...
by James Garcelon | Feb 11, 2019 | Reports
SIC Multi Asset Institutional Composite January 2019 Year to Date SIC Institutional 4.5% 4.5% Benchmark* 3.6% 3.6% * 5% T Bills, 35% Canadian Bond Composite, 20% TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI The new year brought new...
by James Garcelon | Jan 21, 2019 | Reports
Keep Calm and Carry On The fourth quarter of 2018 served as a stark reminder that the combination of modern technology and fragile human emotion can periodically wreak havoc on day-to-day equity valuations. Despite ongoing solid fundamentals (low interest rates, tame...
