Embark’s Head of Investments shares regular market recaps to help families understand what moved the markets—and what it could mean for education savings.
About Yelena Stepanyan, CFA, MBA
Yelena Stepanyan, CFA, MBA, is Head of Investments at Embark, overseeing approximately CAD $6.4 billion. With 25+ years in finance, she leads investment strategy, asset allocation, external manager oversight, new product development, and customer education. Yelena holds an MBA from the Ivey Business School and is a CFA Charterholder. She previously served as Chair of the Institutional Asset Management Committee at CFA Society Toronto and is a member of the Secondary School Relations Committee.
Outside of work, Yelena is a proud mother of three who strongly believes in education savings. She speaks four languages and is active in the community, giving back as a leader.
Markets moved lower over the week as weakness in technology stocks weighed on investor sentiment despite support from higher energy prices. Bonds posted modest gains, money markets remained stable, and the Canadian dollar strengthened against the U.S. dollar.
Markets moved higher over the week, supported by strong economic data and improving investor sentiment. Equities advanced, bonds declined modestly, money markets remained stable, and the Canadian dollar strengthened against the U.S. dollar.
Markets were mixed in June, with Canadian equities gaining on strong financial sector performance while U.S. equities declined amid inflation and valuation concerns. Bonds and money markets delivered positive returns, while the Canadian dollar weakened against stronger U.S. economic momentum.
Markets were mixed over the week, with Canadian equities posting modest gains while U.S. equities declined amid weakness in technology sectors. Bonds and money markets remained stable, while the Canadian dollar weakened against a stronger U.S. dollar.
Markets moved slightly higher over the week, supported by improving global sentiment and easing geopolitical concerns. Equities and bonds posted modest gains, while money markets remained stable and the Canadian dollar weakened against a stronger U.S. dollar.
© 2026 Embark. All rights reserved. Embark is a trademark of Embark Student Corp.