Fonds actions

Equity markets continued to advance in October, though gains moderated as investors assessed a busy earnings season amid ongoing macroeconomic uncertainty. The Canadian economy continues to lose momentum, weighed down by trade frictions with the United States. Inflation edged higher during the month, while labour market indicators showed further signs of cooling. In response, the […]

Market Environment October was a notable month for US markets. The period began with a government shutdown that surpassed the 35-day record set in 2019. While the shutdown has both direct and indirect implications for the broader US economy, the equity market reaction has been limited, with investors remaining focused on corporate earnings and monetary […]

September was another positive month for equities, with global markets hitting record highs despite ongoing uncertainty. In Canada, the S&P/TSX Composite and Small Cap Index reached new levels, while in the US the S&P 500 and Nasdaq advanced on positive performance in technology. Small caps also participated, with the Russell 2000 up 3.8% in September […]

Macro Backdrop US markets were dominated by macro headlines in September. The government shutdown entered its first week with partisan gridlock, though behind the scenes there are signs of agreement emerging around extending enhanced subsidies for Affordable Care Act (ACA) health-insurance plans. At the same time, the Institute of Supply Management’s services index fell back […]

September was another positive month for equities, with markets pushing to record highs despite ongoing macro uncertainty. In Canada, both the TSX Composite and TSX Small Cap Index reached new highs, while US small caps joined the rally with the Russell 2000 up 4.5% in September. US small caps gained ~15% (CAD) in Q3 vs. […]

Market Insights It can become somewhat unsettling when it seems everything is working. We normally live in a world of mean reversion and while winning streaks can be fun, they often are followed by a rough patch. That has to be what many investors are feeling these days. Since the ‘Liberation Day’ selloff in April, […]

Recap of August Global equities delivered robust results in the month despite the ongoing macroeconomic uncertainty. Small- and mid-cap stocks performed well, with the Russell 2000 gaining over 7% and value indices broadly outperforming large-cap growth. Outside North America, developed international equities, as measured by the FTSE Developed ex-US Index, rose 3.3%, supported by strength […]

L’indice S&P MidCap 400 a affiché un rendement total de 3,6 % en août 2025, prenant ainsi de l’avance sur son pendant à grande capitalisation, soit l’indice S&P 500, par une marge de 156 points de base (pb). Jusqu’à présent cette année, cet indice et son rendement total de 5,2 % […]

L’indice S&P MidCap 400 a affiché un rendement total de 1,6 % en juillet 2025, prenant ainsi du recul sur son pendant à grande capitalisation, soit l’indice S&P 500, par une marge de 62 points de base (pb). Sur une base de cumul annuel, l’indice MidCap et son rendement total de 1,8 % […]