"Following the revamp of the SPF framework, we expect renewed interest from promoters and sophisticated investors who will be drawn to this cost-effective and tax-efficient structure..
Should investors even bother with bonds anymore?
By Jonathan Chevreau on May 21, 2021
Bonds brought investors a paltry 0.4% and 0.72% in the last two quarters of 2020, respectively, before registering negative returns in early 2021. Industry pros weigh in with their best solutions.
Advertisement
Photo by Priscilla Du Preez on Unsplash
Regular readers of the recently published MoneySense ETF All-Stars package may notice a growing skepticism from our panellists about bonds as an asset class, and bond ETFs in particular.
Advertisement
Advertisement
The bond bull market is getting long in the tooth after four decades of tailwinds generated by declining interest rates. As seasoned investors know, there’s an inverse relationship between interest rates and bond prices. When rates rise, bond prices fall, and vice-versa.
ELIZABETHTON â Both the Carter County School Board and the Elizabethton City School Board approved their school system budgets for the 2021-2022 fiscal year on Thursday and both budgets include salary increases for teachers.
Elizabethton Director of Schools Richard VanHuss said the proposed city budget includes an increase of at least 3% for teachers, as well as funding step raise increases. In addition, he said an old salary study made about 15 years ago has finally been implemented which makes the salary schedule more sensible.
VanHuss said the current salary schedule had âno rhyme or reason for the increases in step raises.â He said the revisions will make the raises more understandable and predictable. VanHuss thanked the school systemâs business director, Beth Wilson for remembering the study and suggesting that it be implemented during a year when there was money available to put it in place. Part of the reason forthe money to beis available now, VanHuss s
Income Tax Act (Canada) and any similar provincial and territorial legislation.
(2)
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.
About Purpose Investments Inc.
Purpose Investments is an asset management company with more than $11 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.