FINANCIAL SERVICES AND INVESTMENT SOURCES FOR THE NONSPECIALIST

1
FINANCIAL SERVICES AND INVESTMENT SOURCES FOR THE
NON-SPECIALIST

• FIS PLC
• April 23, 2004

2
Agenda

• 900 915 Introductions
• 915 945 Financial Services Overview
• 945 1015 Government the Economy
• 1015 1100 Exercise 1/Health Break
• 1100 1130 Investing Websites
• 1130 1200 News Securities Filings
• 1200 100 LUNCH

3
Agenda (contd)

• 100 130 Mutual Funds
• 130 200 Exercise 2
• 200 230 Portfolio Management
• 230 245 Health Break
• 245 345 Build Your Portfolio
• 345 400 Wrap-Up, Questions, etc.

4
Introductions
5
Financial Services Overview

• The Four Pillars
• Chartered Banks
• Trust Companies
• Insurance Companies
• Investment Dealers (securities and mutual funds)
• The Glass-Steagall Act, 1933
• Now everyone does everything!

6
Issues

• Bank Mergers
• One Securities Commission?
• Corporate Governance

7
Financial Services Industry

• OSFI Office of the Superintendent of Financial
  Institutions (http//www.osfi-bsif.gc.ca/eng/defau
  lt.asp?refhome)
• Information available on the various financial
  institutions which it regulates, including
  financials, statistics, etc.

8
Banking Industry

• Canadian Banking Association (http//www.cba.ca/en
  /default.asp)
• Fast Facts (http//www.cba.ca/en/ViewDocument.asp?
  fl6sl111tldocid420)
• Statistics (http//www.cba.ca/en/ViewDocument.asp?
  fl6sl110tldocid421)
• Financial Services Reform (http//www.cba.ca/en/Vi
  ewDocument.asp?fl4sl100tl152docid253)
• Schedule I and Schedule II banks

9
Insurance Industry

• Canadian Life and Health Insurance Association
  (http//www.clhia.ca/index_en.htm)
• Canadian Life and Health Insurance Facts
  (available for purchase)
• Key Statistics excerpt from above publication
  (http//www.clhia.ca/e3i_FactBook.htm)

10
Securities Industry

• IDA Investment Dealers Association of Canada
  (http//www.ida.ca/whatsnew_en.asp)
• Regulator of the Canadian securities industry
• Industry Profile (http//www.ida.ca/IndIssues/IndP
  rofile_en.asp)
• Canadian Securities Institute
• Investor Learning Centre (http//www.investorlearn
  ing.ca/il/en_ca/Main/index.html)

11
Securities Industry

• Canadian Securities Administrators
  (http//www.csa-acvm.ca/home.html)
• a forum for the 13 provincial and territorial
  securities regulators
• Investor education resources (http//www.csa-acvm.
  ca/html_CSA/invinfo.html)
• Ontario Securities Commission (http//www.osc.gov.
  on.ca)

12
Securities Industry (contd)

• IFIC Investment Funds Institute of Canada
  (http//www.ific.ca/eng/home/index.asp)
• Trade association for the Canadian mutual fund
  industry
• Investor Information (http//www.ific.ca/eng/frame
  s.asp?l1Investor_Education)
• Mutual Funds 101, FAQs, Fact Sheets
• Industry Statistics (http//www.ific.ca/eng/frames
  .asp?l1Statistics)

13
Government the Economy

• Statistics Canada
• Government of Canada
• Bank of Canada
• Provincial Government websites
• Banks

14
Statistics Canada

• Homepage (http//www.statcan.ca/start.html)
• Canadian Statistics (http//www.statcan.ca/english
  /Pgdb/index.htm)
• Economy (latest indicators, economic conditions,
  etc.)
• Land (geography, environment)
• People (population, labour, health, etc.)
• State (government, justice and crime)
• Canadian Economic Observer (11-010)
• The Daily (http//www.statcan.ca/english/dai-quo)
  
• Community Profiles (http//www12.statcan.ca/englis
  h/Profil01/PlaceSearchForm1.cfm)
• Available for the 2001 and 1996 Census
• Canadian communities and health regions
• Business Data (http//commerce.statcan.ca/english/
  commerce)
• NAICS codes (http//www.statcan.ca/english/concept
  s/industry.htm)

15
Statistics Canada (contd)

• Depository Libraries (http//www.statcan.ca/englis
  h/reference/depository.html)
• CANSIM (http//cansim2.statcan.ca/cgi-win/cnsmcgi.
  exe?CANSIMFileCII/CII_1_E.HTMRootDirCII/)
• E-STAT (http//www.statcan.ca/english/Estat/licenc
  e.htm)
• Free to educational institutions and depository
  libraries
• CANSIM data updated yearly in July
• Learning Resources (http//www.statcan.ca/english/
  edu/)
• Canada Quiz, 2001 Census, etc.

16
Government of Canada

• Canadian Economy Online (http//canadianeconomy.gc
  .ca/english/economy/index.cfm)
• Resources economic information from government
  sites (current economy, families workers,
  money, international issues, etc.)
• Learn About key indicators, economic concepts,
  key economic events, and overview of the economy

17
Bank of Canada

• Homepage (http//www.bankofcanada.ca/en/index.html
  )
• Rates Statistics (http//www.bankofcanada.ca/en/
  rates.htm)
• Foreign exchange
• CPI
• Interest rates
• Yields (money market, T-Bills, etc.)

18
Provincial Government Websites

• General rule is http//www.gov.ltprovincialcodegt.ca
  

19
Banks

• The major banks generally make their economic
  information and forecasts available on their
  website

20
Exercise 1

• Financial Services/Government the Economy

21
Health Break

• 15 minutes

22
Investing Websites

• GlobeInvestor.com (http//www.globeinvestor.com)
• Breaking news from the Globe and Mail
• Index and stock quotes
• Company snapshots and estimates
• Create charts
• Create and manage portfolios
• Appointment notices from the Globe and Mail

23
Investing Websites (contd)

• Yahoo! Finance Canada (http//ca.finance.yahoo.com
  )
• Top business news
• Market summary
• Index and stock quotes
• Links to annual reports of selected companies
• Join an investing community or check out a
  message board

24
Investing Websites (contd)

• Bloomberg (http//www.bloomberg.com)
• Market Data (indexes, currencies, etc.)
• News Commentary
• Charts Analysis
• Bloomberg Media listen to Bloomberg Radio or
  watch Bloomberg TV!

25
Investing Websites (contd)

• Stock Exchanges
• TSX (http//www.tsx.ca)
• Market information
• Basic company information
• Stock prices and charts
• Create a portfolio
• NYSE (http//www.nyse.com)
• NASDAQ (http//www.nasdaq.com)

26
News

• CBC (http//www.cbc.ca)
• Globe and Mail (http//www.globeandmail.ca)
• National Post (http//www.canada.com/national/inde
  x.html)
• Canada Newswire (http//www.newswire.ca/en/)
• CCNMatthews (http//www.ccnmatthews.com/scripts/re
  cent.asp)

27
Securities Filings

• Annual reports/10-Ks, quarterly reports/10-Qs,
  annual information forms, prospectuses, notices
  of annual meeting, proxy circulars, etc.
• Companys website
• Also a good source for companys view of itself
• Canada
• SEDAR (http//www.sedar.com/homepage_en.htm)
• 1997 to present

28
Securities Filings (contd)

• United States
• EDGAR (http//www.sec.gov/edgar/searchedgar/webuse
  rs.htm)
• International companies, including Canadian, are
  available if they trade on a U.S. exchange and
  file electronically
• SEC Info (http//www.secinfo.com/)
• Also includes SEDAR filings
• Searchable
• International
• CAROL (http//www.carol.co.uk)
• direct links to annual reports of European and
  U.S. companies

29
Lunch

• Back at 100

30
Agenda (pm)

• 100 130 Mutual Funds
• 130 200 Exercise 2
• 200 230 Portfolio Management
• 230 245 Health Break
• 245 345 Build Your Portfolio
• 345 400 Wrap-Up, Questions, etc.

31
Mutual Funds

• GlobeFund.com (http//www.globefund.com)
• Mutual fund-related news and commentary
• Mutual fund profiles
• Fund Selector
• Create and manage portfolios
• Access to the 15-Year Mutual Fund Review
  (http//www.globefund.com/review)
• Excerpts from Ranga Chands Getting Started with
  Mutual Funds (http//www.globefund.com/centre/Gett
  ingStarted01.html)

32
Mutual Funds

• Morningstar (http//www.morningstar.ca/globalhome/
  main/index.asp)
• Select, compare, or rank funds
• Morningstar Ratings
• Create and manage portfolios
• Read about the mutual fund industry in
  Classroom

33
Exercise 2

• Investing, News, Securities Filings, and Mutual
  Funds

34
Portfolio Management

• Know Your Client
• Type of investor (conservative, aggressive, etc.)
• Reason for investing (retirement, income, growth,
  etc.)
• Length of investment (short-term, long-term)
• RSP vs non-RSP

35
Portfolio Management (contd)

• Stocks, bonds, or mutual funds
• Domestic or international
• Ethical considerations
• Personal preference

36
Health Break

• 15 minutes

37
Build Your Portfolio
38
Wrap-Up
39
Questions?