Posted on 01/03/07
Funds unscathed by stock selloff
"Meltdown? What meltdown?"That was the reaction of Olivia Woo, vice-president and investment counsellor at T.E. Investment Counsel Inc. in Calgary, to Tuesday's stock market rout. She, along with a long list of advisers and fund companies, say investors by and large shrugged off volatile markets this week, a key sales period that marks the close of the registered retirement savings plan sales season.
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