H&M Financial Blog

Name Change for the Dundee Investment Savings Account

Effective November 1, 2013, Dundee Bank of Canada, a Schedule I bank and wholly owned subsidiary of The Bank of Nova Scotia (“Scotiabank”), will change its name to “Hollis Canadian Bank”. The name Hollis Canadian Bank recognizes Scotiabank’s historic head office building, constructed in 1837, at 188 Hollis Street in Halifax, Nova Scotia.

As part of the name change to Hollis […]

VPI Canadian Income Pool Changes

There have been some changes to the portfolio management team on VPI Canadian Income Pool.  We think these changes will provide an excellent balance for the equity and bond positions in the pool.

To read the press release please click here.

Buyer Beware

We continue to warn our clients that if things sound too good to be true, they probably are!  Anytime there is an offer to pay an interest rate that is substantially higher than what a current 5 year GIC is paying, there has to be a “risk premium” that you need to be willing to accept in order to achieve […]

Get More For Your Money

The following is courtesy Empire Life.

As investors become more concerned about managing risk in their portfolios and protecting their principal – segregated funds, with their guarantees and unique estate planning features, are more in demand. Empire Life segregated funds can give you the growth potential of investment funds with the security of insurance guarantees.

What is a Segregated Fund?

A segregated fund is an […]

The Syrian Effect

The following commentary is courtesy of Cardinal Capital Management Inc., the sub-advisor for the VPI Canadian Equity Pool and the VPI Canadian Income Pool. The opinions, market outlook, and asset allocation strategies are those used in the design of the mutual funds they manage that we utilize in client portfolios.

Syria continues to be embroiled in a civil war that has claimed […]