PWL Capital Inc.

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At PWL Capital, we’re on a mission to change the way Canadians invest. We take the guesswork out of managing your portfolio.

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RESEARCH DEPARTMENT

The latest Investment Research from PWL Capital – blog, videos, articles and white papers.
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PWL Newsletter

PERSPECTIVE – JULY 2014

Higher Standards, Unbiased Objectivity, Greater Trust
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PUBLICATION AVAILABLE

PLAYING THE WINNERS GAME

Canadian Edition edited by PWL
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PUBLICATION AVAILABLE

MARKET STATISTICS

This month’s stats are now available
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Blogs

World Views Generate Nothing New for Investors

By: Nancy Graham · February 26, 2015 - 0 comments

According to Dimensional Fund Advisors’ 2014 Review, two developed countries (in the MSCI Index) experienced 2014 annual returns of +22.77% and –22.04% in seesaw fashion. Can you guess which two these might be? Since there are so many to choose from, let’s narrow it down. Those highest and lowest returns came out of Israel and Norway. Now, which was which?

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BXF no longer a strip tease

By: Justin Bender · February 25, 2015 - 0 comments

When First Asset created Canada’s first strip bond ETF in 2013, they claimed that the ETF was expected to be more tax-efficient than other short term bond products currently available in the marketplace.  

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Death of a Hedge Fund

By: Peter Guay · February 24, 2015 - 0 comments

Merriam-Webster defines ‘hedge’ as “something that provides protection or defense.” For many investors, hedge funds conjure the same impression: If I buy a hedge fund in my portfolio, I will protect my portfolio from bad markets. Unfortunately, that statement simply is not true.

The hedge fund industry fails to adequately describe risk: The promise of hedge funds is to achieve better returns for investors, with less risk, than conventional funds that only purchase stocks. Hedge funds regularly use descriptions like “low volatility” or “low correlation with the market” to sell that promise to investors.

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