TSX ETF Investor Centre
How fund managers are using options to enhance performance? - TSX ETF Education Series (Fall 2021)
Traditional portfolio construction utilizing a blend of equity to fixed income allocations were long believed to provide the upside potential and downside protection needed in a market cycle. The use of options provides an added layer of protection that advisors and investors can use within their investment portfolios.
Liquid Alts - TSX ETF Education Series (Fall 2021)
Panelists discussed how traditional 60/40 asset allocation portfolios of equity to fixed income have an opportunity to change by including a panel discussion on liquid alternatives.
How and why investors are using Crypto ETFs - TSX ETF Education Series (Fall 2021)
Canada has led the world in the development of cryptocurrency ETFs. However there are many questions around cryptocurrencies and the access that ETFs provide.
Focusing on Factors: Insights from A Canadian Perspective - TSX ETF Education Series (Fall 2021)
Anu Ganti from S&P Global Indices walked the panel through a discussion around the current factor environment, key macro themes impacting factor investing and insights into helping advisors position portfolios using factor ETFs.
When and how to use thematic and sectoral ETFs - TSX ETF Education Series (Fall 2021)
Graham MacKenzie from the Toronto Stock Exchange moderated a panel of experts on the use of thematic and sectoral ETFs to tactically enhance the performance of their portfolios.
Making the Case for Actively Managed Fixed Income - TSX ETF Education Series (Fall 2021)
Panelists discussed the benefits of actively managed fixed income ETFs by comparing them to their passive counterparts and how they can be used in clients’ investment portfolios.
Why Sustainable ETFs make sense - TSX ETF Education Series (Fall 2021)
Listen to our panelists discuss the evolving landscape of ESG ETFs and focus on why sustainable ETFs make sense.
Generating Income with ETFs - TSX ETF Education Series (Fall 2021)
Listen as they talk about balancing risk while accelerating income, use of covered calls to increase income and the impact of a rising interest rate environment on their portfolios.
Low Volatility: Attractive Risk Adjusted Returns the Boring Way
The recent market volatility has re-kindled investors’ interest in low volatility strategies. We believe low volatility assets are attractively valued relative to the broader market, and this provides an attractive entry point for investors. The chart below shows the relative valuation of the S&P 500 Low Volatility Index (the “Low Volatility Index”) relative to the S&P 500 Index using 12-month forward Price to Earnings ratios.
La volatilité qui a récemment gagné les marchés a renouvelé l’intérêt des investisseurs pour les stratégies à faible volatilité. Nous estimons que les actifs à faible volatilité affichent une évaluation attrayante par rapport à l’ensemble du marché, de sorte qu’ils constituent un point d’entrée intéressant pour les investisseurs. Le graphique ci-dessous montre l’évaluation relative de l’indice S&P 500 Low Volatility (l’« indice à faible volatilité ») par rapport à l’indice S&P 500 selon les ratios cours/bénéfice prévu sur 12 mois.
Time to Embrace Low Volatility
After the March 2020 COVID-19 drawdown, investors have benefitted from the best comeback in the equity market since World War II. At the one-year anniversary of the March 2020 lows, the S&P 500 has returned 80%. It is very difficult to top a solid performance in year two of an equity market recovery, which is prone to drawdowns of 10% on average according to LPL Financial.
Après le déclin du marché boursier suscité par la COVID-19 en mars 2020, les investisseurs ont pu bénéficier de la plus forte reprise de ce marché depuis la Seconde Guerre mondiale. Au premier anniversaire de ce déclin de mars 2020, l’indice S&P 500 est revenu à 80 % de sa capitalisation totale. Cependant, il est très difficile de dépasser une solide performance dans la deuxième année de reprise d’un marché boursier, car ce marché est sujet à des baisses de 10 % en moyenne selon LPL Financial.