Today on the program we speak to Denise Chisholm, Director of Quantitative Market Strategy and portfolio manager Ramona Persaud. They highlight sector shifts and dividend opportunities in 2024. Host Pamela Ritchie asks Ramona as the year wraps up, how is she navigating the current market dynamics and how that influences her investment decisions. Ramona says her approach still revolves around 3 main objectives: excess returns, downside protection and reasonable level of income. As a conservative investor, volatility is a critical consideration and aligning the investor experience with the fund’s performance. Ramona says for 2024 a nuanced market might make way for under appreciated sectors to undergo a resurgence. Denise highlights unit labour costs as a key metric and a significant part of the why behind interest rates shaping investment decisions. She also talks about compensation costs, the Federal reserve and earnings growth prospects.

Recorded on December 7, 2023.

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