Whoa Canada!

by Doug Cronk CFA, PRM on March 5, 2020

Global Diversification more important that ever!

Remember the good old days when the investment advice was to diversify your investment portfolio globally because ‘Canada represents only 4% of the global market capitalization’? Well, folks, Canada now represents about 2.7% of the global opportunity set. See the recently published Credit Suisse Global Investment Returns Yearbook for 2020 page 20. (Added to the tools page on this blog).

How would the individual investor diversify globally? A good starting point might be the Canadian Pension Plan composite average asset allocation as published by PIAC the Pension Investment Association of Canada.

Doug Cronk CFA, PRM is a Pension Investment & Risk Management Officer