Several years ago, we issued an Investor Alert that talked about the fact that income trusts were, in fact, not fixed income investments. At that time, we were concerned that too many retirees were investing in income trusts because they thought that these products would provide ongoing income.
Recently, we decided to issue information regarding exchange-traded funds (ETFs). In this case, we were concerned that people didn’t understand that this term is used to describe a whole category of products, some very risky, some not so risky. We pointed out that investors should determine what type of ETF they are considering and if it was a ‘leveraged’ or ‘inverse’ ETF, they should think twice.
If you know about products that are being introduced to retail investors that require a better understanding of its risk, please don’t hesitate to respond to this blog or to email us with that information. We’ll take a look at the product in question, and if we also have concerns, we’ll issue information outlining the risks and outlining key information that will help an investor make an informed decision.
The Canadian Securities Administrators (CSA) are kicking off Investor Education Month this October by encouraging investors to check the registration of any firm or individual selling securities or offering advice. “Through the registration process, Canadian securities regulators ensure individuals and firms meet specific qualifications and standards before they offer products or advice to investors,” says […]
Last month, we ran a four-part blog series to raise awareness around the financial abuse of elders. Even though June 15 is officially World Elder Abuse Awareness Day, we want to reach out to let people know there is information available to them year-round. One great example is the City of Surrey’s Seniors Advisory and […]