Canadian investors seek principal protection

With the extremely high realised volatility, which has only been higher twice before (Black Monday stock market crash and in October 2008 after the Lehman collapse), and the big five banks putting away nearly C$11 billion to cover bad lending costs in the second quarter, it is understandable that investor confidence in Canada is rather fragile at the moment. Add to that the fact that the S&P/TSX Composite Index, the headline index for the Canadian equity market, continues to underperform wi