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18 - PORT PERRY STAR - Tuesday, February 23, 1993 "Scugog's Community Newspaper of Choice" Iwo break and enters Two break and enters in the north end of Port Perry are be- Ing treated as related incidents. According to Durham Region- al Police, a break and enter was reported at the Port Perry Curl- ing Club on the morning of Feb- An undetermined amount of lig- uor and money was taken. On the same day, a lock was broken on a sliding door at a res- idence on Simcoe Street North. Two full bottles of liquor were taken. Lindsay businessman to seek Liberal nomination Locally, the race to succeed Bill Scott as M.P. for Victoria-' ruary 19. A block of ice was thrown through the front doors. incidents. Police are investigating these Haliburton came to life this week. Joe McGuire a Lindsay Forder-Parks Insurance Brokers Inc. Personal attention to all of your general inswrnance needs. 34 Water St., Port Perry, Ontario LIL 1J2 985-8471 hid Subject to change without notice businessman, announced his intention to seek the federal Liberal nomination. Mr. McGuire said that he wants to see "made in Canada approaches" to public policy. "We need Canadian made in- terest rates, Canadian-made dollar rates, Canadian-made trade policies, and a Canadian- made international policy. Let's GL. I.C. 5 YEAR our best rate wave the flag, and buy back Canada," he emphasized. Mr. McGuire is the past presi- dent of the Victoria-Haliburton Liberal Association, and is well known throughout the riding. He was born in Omemee and grew up on the family farm in Emily Township. He spent 22 years teaching, starting at Brock District High School in Cannington, then at Fenelon Falls Secondary School and finally, he served as Co-op Education Chairman at LE. MICHAEL L. FOWLER Phone: (416) 985-8411 Fax: (416)985-0029 + 3 & ASSOCIATES BARRISTERS & SOLICITORS 175 North St., Port Perry, Ontario LIL 1B7 Choosing A Mutual Fund With more than 400 mutual funds sold in Canada, choosing which mutual fund to invest in can be difficult, even for the experienced investor. But by exploring the possibilities and deciding exactly what goals the investor has in mind, the choices can be narrowed down to a few funds, some of which are eligible for tax shelters like Registered Retirement Savings Plans. While there are no guaranteed techniques for picking a top performer in the mutual fund field, there are a number of trends the investor should examine before making an investment decision. Past performance is one of the best ways to judge a fund. Although past performance doesn't always accurately reflect the way a fund will perform in the future, it will reveal how a fund performed under particular market conditions. For example, some funds might perform well in strong, active markets but not fare so well when the market takes a downturn. An excellent tool for examining the various funds and their performance records is the newspaper. The Globe and Mail, The Financial Post, and The Financial Times of Canada publish surveys of mutual fund performance on a monthly basis. The Financial Times, for example, publishes six performance figures for each fund: one month, three months and one year; and average annual compound rates of return for one year, five years and ten years. Another method of researching the funds is to use the various databases that can be accessed through your computer modem or at a public library. There are a number of organizations, such as Infoglobe and Infomart-Online, that specialize in financial research and will gladly help you gather information on mutual funds. Newspaper libraries are often also open the the public. You might be wondering: What is more important, short- term or long-term performance? Many financial professionals consider mutual funds to be long-term investments. But investors should also examine the fund's current performance as it may reveal some changes that could conceivably cause an investor to change or For example, a well-established fund with a long and proven record may begin to fall behind a market that is recovering from a crash. This could be an indication that the fund manager has changed his or her strategy or is being ultra-conservative, believing that the market is not ready to recover. Or, more ominously, a change of fund managers may have occurred. It may be difficult for the average investor to ascertain why the fund has taken a tum for the worse, despite all the research tools at your disposal. The answer might lie in the fund's quarterly report or with an independent mutual fund specialist or stockbroker who tracks the performance of that particular fund. While measuring the returns of comparable funds, an investor should also examine their risks, such as how stable the fund is. Technically speaking, this is known as volatility. The Financial Times' survey measures volatility in two ways. The first, called standard deviation, shows the relative volatility of monthly rates of retum. The higher the figure, the more volatile the monthly rate of return. For example, gold funds have high volatility figures while money market funds have lower ones. The second measure is a percentage figure that ranks by volatility within groups of funds. For example, gold funds tend to have high percentage figures while balanced Canadian equity and income funds have low percentage figures. When making a decision about a long-term investment between two funds with similar performance levels, you should choose the one with the lower volatility figure. Performance consistency is the key when choosing a mutual fund. When a fund does well each year and outperforms the majority in bad times, then it's the best bet an investor has. It proves that studying the past performance of a fund is as close as investors can get to predicting future performance of the funds of their choice. Consult with an investment advisor or stockbroker to find a fund that best suits your needs. competing funds in Weldon S.S., before leaving for the business world. Mr. McGuire has had many and varied interests, from farm- ing to education to construction, to sales -- his current business. He has been actively involved in local politics for more than 20 years. In Lindsay he served as town councillor and Deputy Reeve, active in downtown revi- talization, and Finance Com- mittees. He also, was an active member of the Aquatorium planning and contraction com- mittee. More recently, Mr. McGuire served for two terms on Emily Township Council, where he of- fered initiatives on recreational and environmental programs. Two cabinet ministers to speak here Two federal cabinet ministers will be in Port Perry on Tues- day, March 2 for a luncheon meeting. Paul Dick, Minister of Supply and Services, and Pauline Browes, Employment and Im- migration Junior Minister, will be accompanied by Durham MP. rind Ross Stevenson. The ministers will be speak . ing during the luncheon meet- ing at Emiel's Place in Port Perry beginningat noon. Those interestedin atténding should call 'Brian Callery a 985-4028 to reserve a spot. There is a maximum of 30 peo- ; ple. ra » Me. NY 4 How DO YOU MANAGE TO CHOOSE THE RIGHT RSP. ~~ INVESTMENT? 4 4 ATRIMARK MUTUAL FUNDS WE MANAGE. TO OUTPERFORM. Your unit value and investment return will fluctuate. Important information about any mutual fund is contained in its simplified prospectus. Read your prospectus carefully before irivesting. You can obtain one from: ~~ ~*~ ROBERT GOW Richardson Greenshields --- 111 Simcoe St. N., Oshawa 434-6161 SUNOS -------------------------- fH ew om Investment advisors to Canadian enterprise and enterprising Canadians Designed by Trimark Investment Management Inc. esses a pa vito, sb oR SN UL ATIRE i mm WO. 55 ia -- 4 ra SEL i oo