An Inside Look at Mackenzie King
A pretty average month overall. The Canadian market was up marginally, but the US was up one percent. My Canadian portfolio continues to outperform the TSX with over a 1% gain, but my US stocks have been lagging with a slight loss this month. See the table below for specific stocks that have been under performing. The Canadian dollar dropped against the US dollar which helped my portfolio. On a year-to-date basis, results are not spectacular, but are still OK. Trend lines would indicate this could be an “average” year, and the having an average year is not all that bad.