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Presented by: ESG ETFs TDAM
It wasnât long ago that ESG (environmental, social and governance) funds were used by only a few socially conscious investors as an add-on to an already built portfolio. Over the last few years, though, demand for these products has soared â as of December 31, 2020 assets under management in Canadian ESG funds climbed by 37% year-over-year, according to Institutional Shareholder Services (ISS). [1]
As more people choose to invest with their values â that could be buying companies that treat employees fairly or businesses that are actively trying to reduce their carbon footprint Ââ more are looking to build entire portfolios out of ESG offerings, says Damian Fernandes, global portfolio manager at TD Asset Management Inc. (TDAM) in Toronto.
The life of a pandemic day trader
A booming market, the promise of easy riches what could go wrong?!
February 1, 2021 After months of research, Randelovic quit his job to focus on day trading just before COVID hit; ‘I’ve had to become comfortable with losing,’ he says (no credit)
In February 2020, just before the pandemic swept the globe, Milos Randelovic delved into the hectic world of day trading. For several months prior, the resident of Kelowna, B.C., had read trading books, scrutinized how-to websites and browsed YouTube channels where some day-trading influencers claimed easy riches could be made through rapid-fire speculation on investments. In those early first weeks, Randelovic, 33, even quit his job managing a heavy equipment dealer with an eye to bankrolling his own business from the proceeds of his trades. “With all the research I did following the markets every day, I felt I could make some good money,” he says.
Passive Income: How to Earn $25 Per Day in 2021
More on: Image source: Getty Images
The COVID-19 pandemic disrupted not only the lifestyles but also the long-term financial goals of people. Ironically, and amid the uncertainties, Canadians themselves could save the country’s economy in 2021. Households added a massive $127 billion to savings in 2020.
A senior managing director at Investor Economics, Carlos Cardone, said that if the money is redeployed into investments or expenditures, it might well be the engine for the economy’s recovery. The lockdowns also spawned resourcefulness and passive-income ideas for those staying at home.
Besides federal aid, Canadians found ways to create additional income support. Among the simplest and age-old proven approach is to invest in dividend-paying stocks. In this challenging environment, it’s possible to earn $25 per day in 2021.
Please see below for important information regarding this data.
IFIC direct survey data (which accounts for approximately 86% of total mutual fund industry assets) is complemented by data from Investor Economics to provide comprehensive industry totals.
IFIC makes every effort to verify the accuracy, currency and completeness of the information; however, IFIC does not guarantee, warrant, represent or undertake that the information provided is correct, accurate or current. Important Information Regarding Investment Fund Data:
Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
ETF data is not adjusted to remove double counting arising from ETFs that invest in other ETFs.