03 Jun 2021

Deprecated: get_the_author_ID is deprecated since version 2.8.0! Use get_the_author_meta('ID') instead. in /var/www/www.inovestor.com/wp-includes/functions.php on line 5211
Christian Godin

Portfolio Manager’s June Comment for May Results

03 Jun 2021

The S&P/TSX Total Return Index expanded by 3.4% in May, the S&P 500 grew a meager 0.7% and the MSCI ACWI ex. USA increased by 3.2%. At May’s end, the 12-month S&P/TSX Total Return Index was 33.8% behind the S&P500 gain of 40.3% and lower than the MSCI ACWI ex. USA which rose by 43.4%.

In May, the NQICAT increased by 1.9% while it climbed by 34.2% on an annualized basis.

The best TSX sector for the month of May was Energy up 10%, followed by Materials up 8%, and Consumer Staples up 4.4%. At the opposite, the worst performing sectors were Health Care down 3.4%, Consumer Discretionary down 1.1% and Info Tech down 1%.

The best performers in May were Kirkland Lake Gold up 13.6%, Power Corporation of Canada up 9.9% and TransForce up 7.8%.

On the other hand, the weakest contributors were Stella-Jones down 9.9%, Dollarama down 8.3% and Winpak down 5.7%.

Canadian ETFs: April’s Launches and Terminat...

The S&P/TSX Total Return Index expanded by 3.4% in May, the S&P 500 grew a meager 0.7% and the MSCI ACWI ex. USA increased...

Read more

ESG Integration

The S&P/TSX Total Return Index expanded by 3.4% in May, the S&P 500 grew a meager 0.7% and the MSCI ACWI ex. USA increased...

Read more
Latest news

What’s in the news

Sep 02, 2021
Portfolio Manager’s September Comment for August Results
Read more
Aug 04, 2021
Portfolio Manager’s August Comment for July Results
Read more
Aug 02, 2021
StockPointer® Canada Portfolio Transactions – July 2021
Read more
Jul 07, 2021
Portfolio Manager’s July Comment For Q2 2021
Read more

Generate Higher Income

Discover our factor-based alpha generators

Discover our factor-based alpha generators

    What product(s) are you interested in?

    StockGuideMarket InsightsFor AdvisorsAsset Management

    StockGuide

    Market Insights

    For Advisors

    Asset Management

    What product(s) are you interested in?

    StockGuide
    Market Insights
    For Advisors
    Asset Management