Because: • The canadian market is too restricted Canada represents only 3% of world stock markets and is not representative of the global investment opportunities available to investors. • World markets are evolving very rapidly With the progress of communications, new technologies and international trade of goods, services, and capital, the market economy is spreading rapidly to all regions of the world. • Mutinational companies have access to substantial resources A stock portfolio would not be adequately diversified without including multinationals which operate in many different markets. Their access to substantial financial ressources, strong management capacities, large research and development facilities provide them with competitive advantages. The key objective is to optimize performances with controled risks from the economic globalization.