Richardson GMP
OCTOBER 2015

Running in Switzerland

By Jessica

Once I had my European travel plans in place for September, I decided to search for a running race to fit into the schedule. Almost immediately I was directed to a website for the Jungfrau Marathon, in the Swiss Alps.

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Purchasing GICs

In discussions with clients in the past months we realized that most of our clients are not aware that we are able to buy GICs on their behalf. A couple reasons to talk to us about GIC investing.

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Canadian Election

By Eric Lascelles, RBC Global Asset Management Inc.

Canada’s centrist Liberal Party has won a historic majority victory, displacing the centre-right Conservatives after ten years in power for that party. The Liberals were expected to win after surging in the polls over the final two weeks of the campaign, but the majority victory v with 184 out of 338 seats in the House of Commons — substantially exceeded expectations.

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Market Overview: Third Quarter 2015

Volatility increased across asset classes in the third quarter of 2015. China’s economy, weak global commodity prices, and anxiety around if, and when, the Federal Reserve will raise interest rates weighed on investors’ minds.

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Everything’s Not Bad

By Brian S. Wesbury, Chief Economist,
First Trust Portfolio Canada


Have you noticed? Everything’s bad these days.

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Jefferson|Steele

Dwight Jefferson, CIMA®
Senior Vice President
Portfolio Manager
Tel.: 604.640.0555 • Email

Tyler Steele, CFA
Senior Vice President
Portfolio Manager
Tel.: 604.640.0554 • Email

Paul Rietkerk, CIM, FMA
Portfolio Manager
Tel.: 604.640.0562 • Email

Neil Kumar
Associate Investment Advisor
Tel.: 604.640.0406 • Email

Wendy Lloyd
Associate
Tel.: 604.640.0556 • Email

Jessica Dewey
Associate
Tel.: 604.640.0405 • Email

Brenda Geib, BA
Associate
Tel.: 604.640.0559 • Email

Richardson GMP Limited
500 – 550 Burrard Street
Vancouver, BC V6C 2B5

Toll Free: 1.866.640.0400
Fax: 604.640.0300

www.JeffersonSteele.ca

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The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author's judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. The comments contained herein are general in nature and are not intended to be, nor should be construed to be, legal or tax advice to any particular individual. Accordingly, individuals should consult their own legal or tax advisors for advice with respect to the tax consequences to them, having regard to their own particular circumstances. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited is a member of Canadian Investor Protection Fund. Richardson is a trade-mark of James Richardson & Sons Limited. GMP is a registered trade-mark of GMP Securities L.P. Both used under license by Richardson GMP Limited.