Articles & Insights
Investment Executive: Focus on Products  |  15 April 2019

Realities of full market cycles

Impressive returns over the past decade represent only the bull phase of the market cycle.

Many investors must be delighted with the 10-year performance of their equity funds. International and emerging markets stocks, as measured by MSCI market indices, delivered 10.5% and 11.1% annual returns, respectively, for the decade ended Feb. 28, 2019, while the S&P 500 composite index sported a stunning 17.1% annual return. Even the lacklustre Canadian market posted double-digit returns, with the S&P/TSX composite index returning 10.2% per annum. Read more >