Episode 63: Update on the Results of Active vs Passive Management for 2023 & Review of the 2024 Federal Budget and the New Rules That Affect Investors

Update on the Results of Active vs Passive Management for 2023 & Review of the 2024 Federal Budget and the New Rules That Affect Investors

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle at PWL Capital Montreal start by giving an update on the results of active vs passive management for 2023. 

They then review the 2024 Federal Budget and the New Rules that affect Investors.

DISCOVER THE PEACE OF MIND OF KNOWING YOUR INVESTMENTS AND WEALTH ARE IN GOOD HANDS BY CONTACTING PWL CAPITAL'S PARKYN-DOYON LA ROCHELLE TEAM IN MONTREAL TODAY.

Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle: You’re listening to Capital Topics, episode #63! 

This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.  

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital. 

In this episode, we will discuss the following points: 

  • First, we will give you an update on the result of active vs passive management for 2023. 

  • And next, for our second topic, we will review the 2024 Federal Budget and the New Rules that affect Investors. 

Enjoy! 

1) UPDATE ON THE RESULTS OF ACTIVE VS PASSIVE MANAGEMENT FOR 2023  :

François Doyon La Rochelle: For our first topic today, as we have done in the past, we will look at the results of active management versus passive or in other words, indexing strategies for 2023. This is an annual exercise that we perform. We look at the data from a report produced by S&P Dow Jones Indices which measures the results of the S&P Indices versus active funds. This report is called the SPIVA Canada Scorecard.  

James Parkyn : Yes François, in addition to the SPIVA Scorecard we also look at the results of the Morningstar U.S. Active vs Passive Barometer report which compares the performance of active funds against their respective passive peers. Although this is a U.S.-centric report, we feel that it is more complete than the SPIVA report since Morningstar measures the rate of success of active managers against the results of actual passive funds and not indexes. …Read More