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A 'Blue Marble' image of the Earth taken from the VIIRS instrument aboard NASA's most recently launched Earth-observing satellite - Suomi NPP, received by Reuters January 25, 2012. This composite image uses a number of swaths of the Earth's surface taken on January 4, 2012. (NASA/NASA/REUTERS)
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Canadian investors embrace global stocks
TIM KILADZE
— The Globe and Mail
Published
Last updated
Canadian mutual funds invested in stocks are finally getting new money, but clients are favouring U.S. and global funds over their Canadian counterparts.
On Friday Streetwise noted that in Canada there is proof of an early rotation into equities with net inflows of $831-million into mutual funds that hold stocks in January and February, according to the latest numbers from the Investment Funds Institute of Canada.
