NSSC Blog: Before You Invest

Question of the week: What is an RESP?

Submitted by nsscadmin on Wed, 08/08/2018 - 10:00

There was some media coverage on RESPs this week leading to some of our readers wanting more information on these type of investment accounts.

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Question of the week: What is a market cap?

Submitted by nsscadmin on Wed, 08/01/2018 - 10:00

Last week Facebook made business news headlines after a colossal decline on the New York Stock exchange saw its share price fall by nearly 20 per cent in one day. Throughout the media coverage and the headlines two words that were continually used were “market cap.” So, what is market cap?

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Question of the week: What is an investment policy statement?

Submitted by nsscadmin on Wed, 07/25/2018 - 10:00

An Investment Policy Statement (IPS) is a signed agreement between a portfolio manager and their client that outlines general rules for the manager to follow. For many investors it is an addition to the suitability requirements that are outlined in KYC and KYP.

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Question of the week: What is Know Your Product (KYP)?

Submitted by nsscadmin on Wed, 07/18/2018 - 10:00

Last week on Throw Back Thursday we reshared our old blog post on Know Your Client (KYC) suitability obligations for advisers. In the post it briefly mentions Know Your Product (KYP) obligations. That led to one of our readers wanting to know more about KYP.

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Question of the week: What is a management expense ratio (MER)?

Submitted by nsscadmin on Wed, 07/11/2018 - 10:00

Our last two blog posts have focused on investment fees, specifically embedded commissions and deferred sales charges (DSC). In both posts we mentioned management expense ratios (MER). Apparently when we mentioned them we should have gone into greater detail about them, as that’s what investors have asked for this week.

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Question of the week: What is a Deferred Sales Charge (DSC)?

Submitted by nsscadmin on Wed, 07/04/2018 - 10:00

Following the CSA’s release of CSA Notice 81-330, last week we talked about embedded commissions. This week we’re going to expand upon one form of embedded commissions, Deferred Sales Charges (DSC).

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Question of the week: What are embedded commissions?

Submitted by nsscadmin on Wed, 06/27/2018 - 10:00

You may have heard the term embedded commission in the news recently. Following the release of CSA Notice 81-330, embedded commissions have been the talk of business and investing news programs and online, through news sites, social media and investment forums. The discussions and talks are helpful because it makes sure investors are informed about what is happening in the industry.

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Question of the week: Are robo-advisers registered?

Submitted by nsscadmin on Wed, 06/20/2018 - 10:00

This is an interesting question because robo-advisers don’t actually exist.

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World Elder Abuse Awareness Day – June 15, 2018

Submitted by nsscadmin on Fri, 06/15/2018 - 09:30

First observed by the United Nations in 2012, World Elder Abuse Awareness Day recognizes that nearly every country across the globe will see a substantial growth in the number of older persons in the next decade. With the population of older persons increasing it unfortunately also leads to an increase in the amount of elder abuse.