Online stock trading – One might add that as some investment companies have departed from the principle of diversification, so some insurance companies have departed from the earlier types of insurance to provide a wide variety of types of protection that meet different purposes.

CANADIAN INVESTMENT COMPANIES As in the case of the United States, Canada has experienced growth in the formation of both closed-end and open-end investment companies. A certain number of closed-end companies were organized in the twenties. The first open-end company was formed in 1932 by Calvin Bullock, an American firm. Since that time other open-end companies were formed which were aimed, for the most part, at satisfying the investment objectives of Canadian investors. In 1952 a number of open-end funds that specialized in Canadian securities were organized for distribution to investors in the United States. The earliest of these funds differed from their American counterparts only in this specialization in Canadian stocks and bonds.

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