The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

“Haltofi Hille This Waakc Wetthesday, Deceribet 8199: Z By George Perdue, B. Se. P. Eng. mutual funds indus- try is growing rapidly. In Canada the industry is near $100 billion. It is expected to grow to billion by the year 2000. Why all the growth? of all, low interest rates have made other tra- ditionally acceptable investments poor perform- good example. At four and a quarter _ percent, investors stayed away in reco! Secondly, "the fastest growing age p is between the ages of 40 and t happens to be the group. with the largest proportion of money avail- able for investments. people are ing af Shs concept of risk as a time horizon now Sepa ag weetlh, are more likely to invest in cts that are capable of delivering results tai- Hored to their artisan The fourth reason is a world economy that, with few 2 Gu: appears poised to recover from recession all at once. At the same rate of is slow. A fifth reason is that inflation is currently under control in the devel- | Oped nations. This, cou- ned wr the slow growth is expected to pro- fae a significant petted of wet final reason is that there is no other place to get a decent return. e net result is people putting money into equity products as opposed to fixed income products. ey are doing this more and more through mutual funds since this is a to achieve diversifica- tion and safety while let- ting a seasoned money manager do the stock pick- ing. ‘With all this money one cannot help but wonder what the impact will be on fand performance and on the markets from which holding they are allowed. From the viewpoint of diversification this is thing. From the view: point of performance thia may not be so good, at least in theory. If so much money is contributed to a fund that it has no choice but to invest i in some stock Generally this seems not to be happening as differ- ent funds are created with varying mandates. With all the money chasing stock it is. possible for the fund companies themselves to push mar- ket values upwards. However, the total market mechanism with supply and demand seems to self regulate this situation as time goes by. We see more and more international diversification as another way to protect against this dilemma. In particular, Asian investing is current- ly brisk and, we believe that European and real estate products will become as brisk s} For those people wishing Jess volatile investments, ttle se! bonds and ort term. Canadian bonds are popular. These give better returns than GICs and they are more flexible and more liquid. They are great ways to balance portfolios. George Perdue is a Financial Planner, Business Consultant, oe Partner ne: Concepts, Halton Hills. Along with associates Aysen Abaci, Pierre Brianceau, Peter Chap steals aS Perdue and Bre: e can oe ed 4 ee) 873- 1877. ARTHUR F. JOHNSON LTD., REALTOR 877-5165 tor. 874-3040 Res. (519) 833-9578 Three bedroom townhome with finished basement, 1 1/2 baths and walkout. $925 per. month. Call Larry*. 93-2-1 STORYBOOK YARD 3 bedroom bungalow in one of Erin's better neighbour- hoods. Gleaming har 3, very private well irdwood floors, | treed back yard, Sunny kitchen and: finished rec room. cing $174,900. 93-2-330 NOW ONLY $237,000] C ~ ros | ae AFFORDABLE BRICK VICTORIAN ASSOCIATES Providing Real Estate Services LARRY BARNSTAPLE *Sales Representative & Since 1972 Let me bring Toronto, Mississauga, Brampton to your home via Rogers Cable TV : 7 _ALMO: ST N AND IMPROVED $215,900 asking. Large ak kitchen wit floor family room with Vaulted ceiling, sunken library with built-in bookcase, 3 baths, COUNTRY $249,000 asking, 2,000+ . ft. of luxury on treed lot with pond, open con- cept, main floor family toom, main floor laundry, iy WHAT A BACKYARD $99,900 asking, 3 bedroom townhome: Unspoiled basement, patio doors to Tenced jo shops, 10 mins. to 401 ae py Walk to ty" 877-5165. ROCKWOOD TOWN & COUNTRY The setting, location, creative Ue asking, bye 18 acre tree Hh psenar held Site eal digs als pat tio tere t high on a hill the Maples. A spacious} room ith woodsioy®, hot tub, dein! to two tig is EH balla! Cuca iki ps : decks. Larry* 877- 93-2-483 liveness, di construc- fora te dal QUALITY, LUXURY, SPACE ony 48,000 ag, 3 bowoom Cape Cod on 129-2008 of Privately tucked away on’4.5 acres yet minutes to town. yurmet Kit te Ua uifidesere hteene ad MOND: 5:30 BV Story Time 6:00 Halton’s Health 6:30 Parks & Recreation 10 Year Master Plan 6: 30. Working in Ontario 7:00 Seniors’ Showcase 8:00 Lyn McLeod's Ontario Weekly Programme Schedule et if ay ht 10th, 1993 0 Relgon Community Calendar aa 82 6:00 6:30 7:00. Sports Report 7:30 Focus on Europe 8: FRIDAY 5:30 Comunity Calendar - a 30 Region ‘Council (Dec. 8) Check Schedule daily 853-1270 }. ft. newer home, gas heat-| 9, central air Ba carta vac, 2 1/2 baths, entertain-| al enn Nay ang pecs he nal decor and all 200] ky LOTS OF LOTS ‘A= 3 ace building lot, 275' x 500 ' Asking $99,900. Cal Lany 874-3040 B-1 acre building 'OLDo00 $79,900, Call Lany 874-3040 ee room, huge mé tatipelle nsuite, adjoin- 3, bedroom — 1 1/2 bathrooms, central air, tng, y large master Ing study, beautifully finished lower level with vaio to deck, panera small complex. $124,900 askit ng, oa lence. Call Larry’ 874-3040, 93-2-325, ” 902. 508 staple". SPECTACULAR VIEWS Custom built home with approx. 8,000 sq, ft. of the main floors, 10 ft. ceilings, chery plank floors, walkouts to bak cony deck, 4 spac FOr ge studio, 57 J bright home. Stocked pond, worksh« acres of trees, hills & streams. 2 [NEW | Toth SIDEROAD, ERIN FISH HERE! ESTATE LOTS 99,900 & 114; 900 $14 ing for this 21.5 acre building lot, F'> acre lots on ne, trees, trees, stream, pond, trout, new 28 x 48 ft. workshop. Call Lary*. ved road, ral close to Georgetown "Go". Call ‘Larry* 874-3040. Spring fed 23 PRIVATE ACRES n meadow. Executive Cape Cod tors with spacious family room| 20th SIDEROAD 94 ACRES OF CALEDON atid Vo asking. Close to vor Meet ag fed pond. addition with cathedral ceiling & stone firepl stall insulated bam with paddocks. ke advantage of the views. 5 93-2-115, to Hwys #2¢ . Sie vale for future ie eunion cal i :