HighView Blog

Private REITs require careful due diligence

By Dan Hallett on December 6th, 2012

The Globe and Mail shed a bit of light on the small universe of private real estate investment trusts (REITs) in Canada.  The article touches on both the benefits and perils of this emerging product segment.  I recently reviewed a Canadian...

Income trust fans have no reason to cry

By Dan Hallett on November 5th, 2012

For many income-oriented investors October 31, 2006 will forever be etched in their brains.  That was the day that our Federal Finance Minister lowered the tax boom and ended the tax arbitrage of income trusts.  The market reacted by slicing about...

50 may be the new 40 but ETFs are the new Mutual Funds

By Dan Hallett on September 25th, 2012

For years I’ve been hearing from individual investors and financial advisors who are disappointed with their meagre long-term performance.  This jibes with calculations I completed four years ago, which showed that Canadian mutual fund...

Trust Matters – Interview With Mark Barnicutt

By Dianne Hartwick on September 19th, 2012

Mark Barnicutt was recently interviewed by Charles Green of Trusted Advisor Associates LLC.  Below is a transcript of that interview. The term “financial advisor” covers a wide range of activity, from insurance sales to asset manager to broker...

A simple but successful actively managed portfolio

By Dan Hallett on September 17th, 2012

Fifteen years ago, writer and broadcaster Alison Griffiths asked University of Toronto professor Eric Kirzner to create what was named the ‘Easy Chair Portfolio’.  The goal was to create a simple portfolio structure that provided...

Covered-call funds haven’t delivered the goods

By Dan Hallett on September 7th, 2012

Covered-call writing is an investment strategy that promises significantly lower risk with little or no give-up in return potential.  But I argued in a recent post that the odds were fundamentally against investors realizing this potential since I...

Covered-call strategy offers no free lunch

By Dan Hallett on July 24th, 2012

Extra-lean bond yields are prompting investors to reach for yield with corporate, high yield and emerging markets bonds.  Their appetite for stocks is meagre overall but investors still hunger for those that regularly spit out cash –...

Webinar: ETF Portfolio Construction

By Dan Hallett on June 25th, 2012

Last week, I spoke about constructing portfolios using exchange-traded funds (ETFs) to a group made up mostly of financial advisors.  Investment Executive hosted the June 19 webinar and they archived the entire presentation and question period on...

Desperately seeking income

By Dan Hallett on June 21st, 2012

The Globe and Mail recently reported that Michael Lee-Chin was planning a return to the retail investment industry.  He has spoken specifically about his desire to bring institutional private equity exposure to retail investors in Canada. ...

A balanced portfolio’s expected returns

By Dan Hallett on June 11th, 2012

I recently provided the Globe & Mail’s Rob Carrick with my long-term expectations for investment returns and inflation over the next decade.   With the exception of a couple of outliers – one bull, one bear – I admit to...

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