Portfolio Engineering Concepts

Episode 5 - The Active-Passive Barometer

In this episode of Capital Topics, James Parkyn, François Doyon La Rochelle and Raymond Kerzérho discuss the following subjects:

  • Canadian banks launch a new type of bonds

  • The “Active-Passive Barometer” report from Morningstar

  • The good advice of the day: Year-end tax planning part 1

  • Listener’s question: What’s the best geographic allocation across Canadian, U.S. and international equity?

Links From Today’s Episode:

Tax-loss selling – How to avoid superficial losses: https://bit.ly/32FIusb

Vanguard document about the home country bias among Canadian investors: https://bit.ly/36NeYC7

Episode 4 - “Blank Cheque” IPOs and the Differences Across Market Indexes

In this fourth episode of Capital Topics, James Parkyn, François Doyon La Rochelle and Raymond Kerzérho discuss the following subjects:

  • In the news: the flurry of “blank cheque” IPOs (Special Purpose Acquisition Corporations or “SPACs”) in the U.S.

  • Indices underlying Asset Class ETFs are not all the same: make sure to always understand the underlying securities and indexing methodology.

  • The bad advice of the day: « Buy Small and Mid-Cap Healthcare stocks »

  • Listener’s question: “How do I, as an individual investor, replicate the investment strategies implemented by the large Canadian Pension Plan Models?


Episode 3 – Interview with Professor Sebastien Betermier

In this third episode of Capital Topics, James Parkyn, François Doyon La Rochelle and Raymond Kerzérho discuss the following subjects:

  • An interview with Sébastien Betermier of McGill University about the Canadian Pension Model of investing

  • The good advice of the day: « Consider mutual fund and ETF risk ratings with caution »

  • Listener’s question: “How can I capture the small cap premium?”