The Mackenzie
Ivy Foreign Equity Fund data is for the «A» version of the fund, for investors who invest through advisers (Management Expense Ratio: 2.52 %).
In December of 2013, Mr. Moroz won the prestigious Morningstar
Foreign Equity Fund Manager of the Year award at the 19th annual Morningstar Awards.
EOD's NAV has risen just 6 % since the start of the year — far short of
other foreign equity funds, including Lazard Global Total Return & Income Fund (LGI) or the Clough Global Equity Fund (GLQ).
If we look at the Couch Potato model ETF portfolios, we find that they hold just a
single foreign equity fund, the Vanguard FTSE Global All Cap ex Canada Index ETF (VXC).
7 of 10 Largest global equity mutual funds match or outperform index, Including the # 1 performing Cundill Value Fund and # 2 performing
Ivy Foreign Equity Fund — with lower volatility
Domestic equity fund manager of the year was GCIC Ltd.'s Oscar Belaiche and
foreign equity fund manager of the year was Mawer's David Ragan.
Whether you're looking for an S&P 500 fund, a bond fund or
a foreign equity fund, investors can eliminate many of the thousands of fund choices by just applying a few simple filters.
This $ 575 million
foreign equity fund has a maximum 5.5 % front sales charge, 3.12 % total and net expense ratios, and 136 % annual turnover.
A common example of a clone fund is when a fund company issues an RRSP version of
a foreign equity fund, consisting of derivatives managed in a way that duplicates the returns of the underlying fund.
Just ask Matt Moody, co-manager of the Mackenzie Ivy
Foreign Equity Fund, a classic tortoise investment.
You might use a US - listed fund such as the iShares MSCI Canada (EWC), but this ETF is expensive (from an American perspective, it's
a foreign equity fund) and you won't be able to claim the dividend tax credit.
For example, the annual expense ratio for
a foreign equity fund averages 1.92 %.
The possible exception is foreign bond funds, which are almost pure plays against the loonie, as equity risk has been stripped out of them (when compared to
a foreign equity fund).