THE LIBRARY

There is no doubt that investor anxiety has become the predominant theme since the ongoing, and constantly changing, series of proposed US tariff policies and opposing court challenges. With this anxiety has come increased volatility in global financial markets. As we have discussed in the past, volatility is both down and up. Portfolio returns have remained strong over the last year across all asset classes, as you will see elsewhere in this issue. While positive returns “ba

Global equity markets had a very strong end in 2023 and continue to be the major driver of portfolio returns over the first five months of 2024. The following table is a sample of some of our larger equity sector ETF returns YTD and twelve months to May 31st. Exchange Traded Fund returns to May 31/2024 12 months Year to Date BMO Low Volatility Canadian Equity CAD (ZLB) 8.3% 4.5% Wisdomtree US Total Return Dividend USD (DTD) 22.5% 8.1% iShares Japan Fundamental Index CAD (CJP