{"id":46823,"date":"2022-12-06T20:11:17","date_gmt":"2022-12-06T20:11:17","guid":{"rendered":"https:\/\/www.inovestor.com\/2022\/12\/portfolio-managers-december-comment-for-november-results-4\/"},"modified":"2023-10-11T18:32:52","modified_gmt":"2023-10-11T18:32:52","slug":"portfolio-managers-december-comment-for-november-results-4","status":"publish","type":"post","link":"https:\/\/www.inovestor.com\/en-us\/2022\/12\/portfolio-managers-december-comment-for-november-results-4\/","title":{"rendered":"Portfolio Manager\u2019s December Comment for November Results"},"content":{"rendered":"<p style=\"font-weight: 400;\">In November, the S&amp;P\/TSX grew by 5.5%, the S&amp;P 500 rose by 5.6% while the MSCI ACWI ex USA surged by 11.8%.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">At the end of the 12-month period ending November 30, the S&amp;P\/TSX increased by 2%, the S&amp;P 500 decreased by 9.2% while the MSCI ACWI ex USA fell by 11.4%.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">In November, NQICAT increased by 6.8% while it increased by 5.5% on an annual basis.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">The best TSX sectors for the month of November were Materials up 11%, Information Technology up 7.7% and Industrials up 6.3%.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">The worst performing sectors were Energy down 0.8%, Utilities down 0.6% and HealthCare down 0.3%.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">The best monthly performers in NQICAT were EQB Inc. (EQB) up 24.6%, Labrador Iron Ore (LIF) up 20.5% and TFI International (TFII) up 17.7%.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">At the opposite, the weakest contributors were Parex Resources (PXT) down 7.3%, Intact Financial Corporation (IFC) down 2.8% and Canadian Natural Resources (CNQ) down 1.7%.<\/p>\n<p style=\"font-weight: 400;\">\n","protected":false},"excerpt":{"rendered":"<p>In November, the S&amp;P\/TSX grew by 5.5%, the S&amp;P 500 rose by 5.6% while the MSCI ACWI ex USA surged by 11.8%. At the end of the 12-month period ending November 30, the S&amp;P\/TSX increased by 2%, the S&amp;P 500 decreased by 9.2% while the MSCI ACWI ex USA fell by 11.4%. In November, NQICAT [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[629,630],"tags":[],"class_list":["post-46823","post","type-post","status-publish","format-standard","hentry","category-featured-en-us","category-modelportfolio-en-us"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Portfolio Manager\u2019s December Comment for November Results - Inovestor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.inovestor.com\/en-us\/2022\/12\/portfolio-managers-december-comment-for-november-results-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portfolio Manager\u2019s December Comment for November Results\" \/>\n<meta property=\"og:description\" content=\"In November, the S&amp;P\/TSX grew by 5.5%, the S&amp;P 500 rose by 5.6% while the MSCI ACWI ex USA surged by 11.8%. At the end of the 12-month period ending November 30, the S&amp;P\/TSX increased by 2%, the S&amp;P 500 decreased by 9.2% while the MSCI ACWI ex USA fell by 11.4%. 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