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October 15, 2015

DM Monthly Report

WELL THAT DIDN’T TAKE LONG …   This summer, we wrote about how TSX performance has frequently be-come dominated by a single, mega-capitalization stock over the past 15 years. From Nortel to Potash Corp., to Research in Motion and, most recently, Valeant Pharmaceuticals, the heavy influence of these suddenly massive companies has distorted market performance on the way up and exposed index investors to unexpected risk on the way down.

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