Sentences with phrase «canadian dollar holdings»
If your broker allows segregation of US and Canadian dollar holdings, make sure your US Dollar denominated holdings are held in the US side of the account.
http://www.canadiancapitalist.com/ Not exact matches
The second reason Carney is holding off on raising interest rates is fear they would increase foreign capital inflows, which would further drive up the Canadian dollar and correspondingly dampen manufacturing exports.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
If you hedge half of your foreign holdings back into Canadian dollars, you can reduce your risk without making a specific bet on which way a currency will go.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
However, the Canadian dollar is expected to see minimal benefit from higher oil prices: a U.S. Federal Reserve interest rate hike is likely in the first half of 2017, which would bolster the U.S. dollar, while the Bank of Canada is expected to hold steady on rates.
«What sparked the rally is a perception of a shift in Canadian government policy toward the dollar,» said Michael Malpede, a currency analyst in Chicago with Refco Inc., adding that Mr. Dodge's comments put an end to the widely held perception in the market that Canada supported a weak currency to help its exporters.
Canadians should not give up their monetary policy to buy and hold US dollars.
The central bank says it held off this time in part because it expects the recent strength of the Canadian dollar to slow the rise in the pace of inflation.
In the wake of the U.S. Department of Commerce's announcement of the countervailing duties on Canadian softwood lumber Tuesday, the Canadian dollar fell due to expectations of large job losses that could begin to take hold as early as this fall.
While market demand should improve as the U.S. economy continues to strengthen, the remaining factors — government policies, a shortage of qualified staff, and the depreciation of the Canadian dollar — will likely continue to hold back investment.
Because the Canadian dollar has held its own against the US dollar in this context, largely due to higher oil prices, it has also been rising against most other currencies.
All of these holdings trade in Canadian dollars, with seven of the 10 hedging US$ currency risk to the Canadian dollar.
The fund's high - yield holdings are limited to US - or Canadian - based issues that are US dollar denominated, and were issued in the last 5 years.
TORONTO — The Canadian dollar fell on Wednesday against its U.S. counterpart after the Bank of Canada held interest rates steady and showed enough caution to dampen expectations for a hike early next year.
«Strong equity gains domestically and a weaker Canadian dollar helped boost foreign holdings, but lower long - term bond yields will have increased most plan liabilities,» said Scott MacDonald, managing director, Pensions for RBC Investor & Treasury Services.
For purposes of the category definition, up to 30 % of a Fund's assets may be held in Foreign Fixed Income products which will be treated as Canadian content provided that the currency exposure on those holdings is hedged into Canadian Dollars.
Borders was one of the early investors in Canadian based Kobo contributing 5 million dollars and held a 11 % stake in the company.
If she holds just 3 % of those stocks in Canada, her portfolio will have very little exposure to Canadian dollars, even though all of her income and expenses are likely to be in her home currency.
Hedging would be a plus when the Canadian dollar strengthens, because a depreciation in foreign currencies reduces the value of those foreign holdings.
Bottom line: We believe it makes sense for Canadian dollar based investors to retain currency exposure in non-domestic developed market and emerging market equity holdings.
Baskin says investors who plan to spend their retirement income in Canadian dollars should hold their assets in the same currency.
In 2009, while U.S. stocks made huge gains, the plunging American dollar trimmed some 15 % from the returns of Canadians holding those stocks.
So for a Canadian holding CGL, a declining US dollar could be doubly good: it would likely correspond with a rise in the price of gold, and the hedging would mean even higher returns in Canadian - dollar terms.
Similarly, if you held the same amount of value in U.S. dollars, directly, instead of using the ETF, you would still experience a loss when quoted in Canadian dollar terms.
One is that it reduces currency risk: if your expenses are in Canadian dollars, it makes sense to hold most of your assets in the same currency.
In my last post, I explained that US - listed ETFs that hold overseas stocks do not expose Canadians to fluctuations in the US dollar.
In its scheduled announcement, the central bank says it held off this time in part because it expects the recent strength of the Canadian dollar to slow the rise in the pace of inflation.
In my personal portfolios, I track the asset allocation in Canadian dollars by converting foreign holdings into Canadian dollars using the prevailing exchange rate.
Personally, I hold Canadian dividends in non-registered accounts and TFSAs so for the repatriated RRSP dollars I'm splitting the proceeds between the GICs and the ETF.
The GIC Bonus Rate Offer is available for 1 - year Non-Redeemable and 1 - year Redeemable Guaranteed Investment Certificates that are issued in respect of deposits made in Canadian dollars for an amount between $ 1,000 CAD and $ 500,000 CAD; not held in any registered plan, such as Registered Retirement Savings Plan, RRIF or Tax Free Savings Account, and issued to one or more individuals who qualify for the HSBC RBWM Newcomers Program under s. 2 within 6 months of the opening of any sole or joint Eligible Account held or closed by such persons.
The reverse has been true, however, for Canadian dollar - based investors: exposure to global equities in their local currencies has resulted in higher volatility — not less — than the same exposure held in Canadian dollars.
Clients can trade on stock exchanges in London, Sydney, Brussels, Paris, Frankfurt, Hong Kong, Milan, Amsterdam, Singapore and Madrid and hold cash balances and settle trades in Pound, Euro, Australian Dollar, Hong Kong Dollar, Singapore Dollar in addition to Canadian and U.S. dollars.
Quicken isn't too bad, but the interface is baroque, the upgrades are pricey, and you have to jump through hoops to have it represent U.S. dollar securities held in Canadian denominated accounts.
Since half the value of the Sleepy Portfolio is denominated in US dollars (note that though VEA and VWO are denominated in US dollars, Canadian investors are exposed to currency risk between the CAD and the basket of currencies that the ETF holdings are denominated in — Pound, Yen, Euro etc., not the CAD - USD exchange rate), the loss in value of the Canadian dollar helped cushion the steep drop in stock values.
Funds in the Canadian Inflation Protected Fixed Income category must invest at least 90 % of their fixed income holdings in inflation protected fixed - income securities denominated in Canadian dollars.
For purposes of the category definition, up to 30 % of a Fund's assets may be held in Foreign Fixed Income products which will be treated as Canadian content provided that the currency exposure on those holdings is hedged into Canadian Dollars.
Funds in the Canadian Fixed Income category must invest at least 90 % of their fixed income holdings in Canadian dollars with an average duration greater than 3.5 years and less than 9.0 years.
That has been a benefit for Canadians who hold US equities: not only did the stocks deliver huge returns in their local currency in 2013, but we got a further boost thanks to the appreciation of the US dollar.
The BoC's announcement last week, that it will hold the overnight rate, is a strong signal: Our national bank is content to allow the Canadian dollar to weaken.
A Canadian buying Royal Bank on the New York Stock Exchange in USD would not have any exposure to the US dollar, because the holding itself is denominated in CAD:
The most dramatic example comes from early 2002 to late 2007, when the Canadian dollar soared from $ 0.62 USD to almost $ 1.09 USD, punishing investors who held U.S. equity funds without currency hedging.
A rising Canadian dollar is good news for snowbirds and importers, but if you hold foreign equities in your portfolio, you've taken a hit.
The Vanguard U.S. Aggregate Bond (CAD - hedged) will hold the US - listedVanguard Total Bond Market (BND), while the Vanguard Global ex-U.S. Aggregate Bond (CAD - hedged) will be a Canadian wrap for the Vanguard Total International Bond (BNDX), except that it will be hedged to the Canadian dollar instead of the greenback.
So whether he holds VOO or VFV, Gerry benefits when the Canadian dollar falls, and he suffers when it appreciates.
For unitholders who hold the Canadian dollar - traded HEA, distribution payments will typically be converted to Canadian dollars by the unitholder's account holder.
For funds valued in Canadian dollars that hold U.S. securities (like stocks), Canadian dollars must be converted to U.S. dollars before buying the U.S. securities and converted back to Canadian dollars when selling the U.S. securities.
Like market volatility, fluctuations in the value of the Canadian dollar can have an impact on the returns of mutual funds holding foreign securities, such as U.S. equities.
Most of your holdings are in my watch list, I will start accumulating them once Canadian dollar gain some value over USD.
Funds in the Canadian Long Term Fixed Income category must invest at least 90 % of their fixed income holdings in fixed - income securities denominated in Canadian dollars with an average duration greater than 9.0 years.