Butterfly Effect

Three months ago, few would believe the top Canadian Mutual Fund Index would be Real Estate Equities.

The 3 month performance as of Wednesday, August 26, 2009 was 17%. Most of these funds don't have significant Canadian holdings. However, trends are trends and this might be an early indicator that recent activity in the Calgary Real Estate market has some depth.

Calgary Realtors, Mortgage Brokers, Builders and Home Inspectors should finish the year with a strong quarter.

The Morningstar Fund Indices are Canada's most comprehensive and reliable mutual fund indices. Updated daily, the Morningstar Fund Indices allow you to easily track the various segments of the mutual fund industry