Mutual funds urged to stress long term in ads and sales
Canadian mutual funds boom masks aggressive sales tactics and misleading performance ads. Regulators consider strict rules requiring full year or inception performance reporting and safeguards against manipulated graphs. Managers warn against bureaucratic tightening but stress long term investment purpose.
MENTIONED IN THIS ARTICLE
Canada
Securities Commissions
Dance of Faith in Hard Times
A devotional letter urges joy amid trouble, recalling perseverance through pain and danger. It cites Ray Charles, wartime heroism, a widow missionary, and a blind veteran hospital founder, ending with the hymn reference and Jesus leading the dance.
MENTIONED IN THIS ARTICLE
Blind Ray Charles
England
Dante
John Bunyon
Australia
China
Jesus
Christ
Pierson
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