TSX:EIT.PR.A - Post by User
Comment by
DanielDardenon May 17, 2024 4:59pm
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Post# 36046450
RE:Fund managers
RE:Fund managersToppicks1 wrote: What is crazy is you can take 2 million $ to a mutual fund manager and ask them to put your money in a secure place and what kind of return can I get.. I've sat in front of several of them. Story is always the same. Well we can get somewhere between 3 and 5 % based on your risk tolerance. Why funds don't buy a boat load of this is beyond me.. I understand not putting money in the high risk splite funds for mutual managers but for here. Hmmmmmmm.
Without any doubt, Robert Taylor has had exceptional performance over the past 4 years (post coved) in managing this fund. However, from 2013 to 2020 his performance was quite mediocre as Capital was being lost to maintain the distribution. The advantage that he has had over other managers is that he could invest in the U.S. and wisely did. The future will tell us the ultimate story. The small/mid cap fund that he has managed the past 3 years has not done as well with a Canada mandate.