Dated July 17, 1999
Comparison of our portfolio to the top 10 Canadian Mutual Funds, year to date June 99
When Revision 14 of the Newsletter was issued we deferred comparison of our portfolio's performance to the top 10 Canadian mutual funds for year to date June 30, 1999 as the data had not yet been published.
Courtesy of the Financial Post Datagroup, the year to date June 99 Mutual Fund performance tables were issued on Saturday showing the top ten Mutual Funds in Canada as follows:-
|
Gain for 6 months |
||
|
Mutual Fund |
to June 30, 1999 |
|
|
EMC Jan 1 Portfolio |
159.3% |
|
|
Global Mgr Hong Kong Geared (US$) |
69.60% |
|
|
Canadian Venture Opportunity |
60.30% |
|
|
Clarington Asia Pacific |
57.60% |
|
|
20/20 Aggressive Growth |
57.10% |
|
|
Altamira e-Business |
56.90% |
|
|
AIM Global Technology |
50.40% |
|
|
Global Manager Japan Geared (US$) |
49.60% |
|
|
Royal Asian growth |
45.60% |
|
|
Strategic Value |
44.50% |
|
|
Talvest Global Science & Technology |
43.50% |
|
From the above it is clear that our portfolio (159% return in 6 months) has performed better than the best Canadian mutual fund (69.6%) for year to date June 1999. Is your investment fund(s) shown above?