The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A tote board displays the closing figure for the TSX for the year in Toronto, Monday, Dec.31, 2012.
A tote board displays the closing figure for the TSX for the year in Toronto, Monday, Dec.31, 2012.
(Frank Gunn/CP)

SCOTT BARLOW

Don’t get caught in the undertow while TSX winners roll back

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

Sector rotations can be extremely frustrating for investors. Portfolios remain overweight in formerly winning sectors while the previously-ignored market sectors, where they have no positions, move higher. Many investors are drastically underperforming the S&P/TSX Composite’s 1.8 per cent year to date return without fully understanding why.