March 30 roundup

What incoming MoneySense Editor Jonathan Chevreau has to say about changes to OAS, what index investors need to know about tracking errors and why lottery fever is running high in the U.S.

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•Incoming MoneySense Editor Jonathan Chevreau offers up his take on the federal government’s plans for OAS in this country. OAS eligibility at age 67 “is hardly the bogeyman some feared”, he says.

•If you’re an index investor, one of the most important things you can learn is a fund’s tracking error, MoneySense’s Dan Bortolotti explains. If a fund consistently fails to match the returns of the index it’s tracking, it’s time to start looking for another option. This week, Bortolotti puts iShares’ most popular ETFs under the microscope.

•The world’s largest lottery jackpot is up for grabs in the U.S. this weekend. Residents are queuing to buy a $1 Mega Millions ticket for their chance to $640 million. The odds of winning are 175 million-to-1.

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