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Carl & Allan's Recommended Funds
 

Your Personal RRSP Plan has a wide variety of investment options. These include over 2,000 different Mutual Funds (virtually all with NO front or rear-end load), GICs, Canada Savings Bonds, Stocks, Bonds and much more.

With so many choices we want to make it easy. Our Investment Executives have prepared a list of recommended funds for the individual investor. Simply select your funds from the recommended list below, or from the complete Investment Options List, then enter them on your application formHere's how we recommend funds...

Please note, this is just a guideline – your personal investment needs will vary. If you are not sure about which investment is right for you, just call us at 1-800-387-9273 or email us at carl_spiess@scotiacapital.com.

Life cycle funds
Our top recommendation this year for most payroll and pre-authorized contribution plans are Life Cycle/Target Date funds. These have replaced balanced funds as our best professionally managed “one decision option.” While they are new to Canada, these funds automatically rebalance over time, and then become more conservative as you approach retirement. See our special report on these funds at www.managedmoneyreporter.ca/lifecycle/. Our favourites are the Fidelity Clearpath Funds.

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Fidelity ClearPath Income Sr BFID7771.003.60    
Fidelity ClearPath 2045 Sr BFID745-1.003.90    
Fidelity ClearPath 2040 Sr BFID740-1.103.90    
Fidelity ClearPath 2035 Sr BFID735-1.003.90    
Fidelity ClearPath 2030 Sr BFID730-0.804.00    
Fidelity ClearPath 2025 Sr BFID725-0.603.70    
Fidelity ClearPath 2020 Sr BFID702-0.303.70    
Fidelity ClearPath 2015 Sr BFID715-0.303.30    
Fidelity ClearPath 2010 Sr BFID7100.003.40    
Fidelity ClearPath 2005 Sr BFID7050.503.50    

Equity Funds
We recommend equities (stock) due to their high historical growth for a long-term, somewhat aggressive position. A wide variety of equity funds are available. These are some of our recommendations:

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Synergy Cdn Style Mgmt CorpCIG6105-5.401.507.9015.007.609.38
CI Canadian InvestmentCIG7420-1.902.509.3015.009.109.59
AGF Canadian StockAGF781-0.305.4012.0015.908.809.80
Northwest Canadian EquityNWT108-18.80-2.405.8010.607.3010.20
Bissett Cdn Equity Cl ATML202-8.00-0.106.6012.20 10.68
Scotia Canadian IndexBNS3813.206.7013.2017.407.3011.03
Fidelity Cdn Oppor'ties Sr BFID2150.702.709.3016.20 11.42
IA Clarington Canadian Small Cap ACCM520-0.801.409.9017.9011.8011.85
Acuity All Cap 30 Cdn EquityCEM4430.508.3013.6024.00 17.28

Trimark Canadian Endeavour has been placed on a performance watch.

Balanced Funds
People selecting from this group generally want to hold more conservative RRSP investments. Balanced funds generally have lower risk than equity funds, because they hold a blend of stocks and bonds. Ideal for an all-in-one investment or to balance existing portfolios:

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Scotia Canadian BalancedBNS378-1.202.906.008.504.204.60
Dynamic Focus+ BalancedDYN2023.803.506.6010.407.605.15
AIM Canadian BalancedAIM597-1.703.507.9011.208.006.41
CI Harbour Growth & IncomeCIG6912.104.108.9011.107.106.44
Manulife Monthly High IncomeEPL583-1.001.605.6011.3011.106.86
Fidelity Cdn AA Sr BFID2812.505.309.2011.406.807.42
Dynamic Power BalancedDYN0019.209.6013.6016.40 11.72

Trimark Select Balanced has been placed on a performance watch.

Bond Funds
As you approach retirement, bond funds can provide the stable income required. However, yields have been so low lately that bonds & GICs might be a better option for any lump sum purchase:

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Fidelity Cdn ST Bond Sr BFID2854.204.203.403.804.201.61
Mac Sentinel BondMFC4324.704.504.004.704.402.84
Bissett Bond Class ATML2002.803.603.404.60 3.05
Scotia Canadian IncomeBNS3773.704.003.905.005.303.06

Short Term (Cash Equivalents)
Ideal for clients who are considering using their RRSP for a first-time homebuyers withdrawal within the next few years or as a short-term position. The following are historical yields. For current yields, see the Scotia Mutual Funds price page:

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Scotia T-BillBNS3583.003.002.572.102.700.19
Scotia Money MarketBNS3573.483.322.812.372.920.23

Global Funds
Remember, Canadian markets make up only 3% of world equities. Ensure you have exposure to the other 97%. Our favourites include:

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Mac Cundill Value Series CMFC736-12.40-2.702.3012.00 7.01
Trimark Global BalancedAIM1773-12.000.403.1010.70 8.58
Capital Intl-Global Eqty Cl ACIF843-11.20-0.206.2010.50 8.60
Templeton GrowthTML700-16.10-2.302.209.401.409.60
Fidelity NorthStar Sr BFID253-11.00-3.602.709.60 9.64
Templeton International StockTML735-13.502.906.9013.501.7011.04
AGF International Stock ClassAGF255-17.601.307.0016.006.8011.30

Non-Registered/Taxable Accounts
We recommend the following funds as well as the above global funds for non-registered accounts:

Mutual FundPAC
Number
1
Year
(%)
2
Year
(%)
3
Year
(%)
5
Year
(%)
10
Year
(%)
Risk *
Mac Maxxum DividendMFC1531-9.100.303.709.006.707.32
Dynamic DividendDYN048-1.702.707.8012.708.008.05
Scotia Canadian DividendBNS3851.005.5010.2014.609.008.28

For Periods Ending: 3/31/2008    Source: Morningstar

Click on a fund name for more information on that fund. We regret that performance information is not currently available for all funds.

* Risk is the volatility of returns, see risk calculations.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rate(s) of return is (are) the historical annual compounded total return(s) including changes in (share or unit) value and reinvestment of all (dividends or distributions) and does (do) not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.  See more disclaimers ...
  

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Call your Investment Team at 1-800-387-9273 or E-mail us at carl_spiess@scotiacapital.com.


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