A market correction?

Yes! But from what level?

Why does stock market peaks do not always translate into portfolio gains?

We’ve all seen the headlines. The Dow Jones, that iconic American benchmark, has smashed another record, closing above the 22,000 level. But your portfolio statement for the month of July paints another picture, and it’s hard not to be disappointed with its drop in value. There are two main culprits at work here: the Canadian dollar and the Canadian stock market.

1.      A strengthening Canadian dollar

Ombudsman for Banking Services and Investments - OBSI

Claret is a member of the OBSI - Ombudsman for Banking Services and Investments - as required by Nation Instrument 31-103 for provincial regulators across Canada, except for Quebec.

OBSI is an independent dispute –resolution service that investigates unresolved disputes at no charge to the client. They can be reached at 1-888-451-4519 or at www.obsi.ca.

A similar service is available to clients in the province of Quebec through the AMF – Autorité des marchés financiers.

Claret reaches $1 billion under management

Claret reaches $1 billion in assets under management.

Claret is growing!

In order to accommodate the needs of our growing clientele and our expanding team, we have moved to a larger office.