CIBC Asset Management Inc. (CAM) has launched three new asset-allocation ETFs.
The new funds include:
- CIBC Conservative ETF Portfolio – ETF Class (TSX: CCON), which has a target asset allocation mix of 60% fixed income and 40% equity
- CIBC Balanced ETF Portfolio – ETF Class (TSX: CBLN), which has a target asset allocation mix of 60% equity and 40% fixed income
- CIBC Balanced Growth ETF Portfolio – ETF Class (TSX: CGRW), which has a target asset allocation mix of 75% equity and 25% fixed income
Each fund is managed by CIBC’s portfolio management team and has a 0.15% management fee, excluding applicable taxes and other fees and expenses.
With these new funds, CAM now offers four asset-allocation portfolios, which are “designed to appeal to investors with varying risk tolerances,” a release said, noting the portfolios invest in a mix of broad-market index CIBC ETFs.
RPIA rolls out new target-date bond fund
RP Investment Advisors LP (RPIA) has rolled out a new target-date bond fund.
The RP Target 2028 Discount Bond fund, which debuted Friday, aims to build on the success of the RP Target 2026 Discount Bond Fund. RPIA introduced that fund in January 2024 and soft capped it a few months later due to capacity constraints.
Key features of the new fund include a daily liquid, investment-grade bond portfolio and a split between U.S.-dollar and Euro-denominated bonds.
BMO launches new CDRs
Bank of Montreal has debuted five new Canadian depository receipts (CDRs) on Cboe Canada.
The new products, which invest in the common shares of the following companies, include:
- Adobe Inc. (Cboe: ZADB)
- The Boeing Company (Cboe: ZBA)
- Costco Wholesale Corp. (Cboe: ZCOS)
- Super Micro Computer, Inc. (Cboe: ZSMC)
- Walmart Inc. (Cboe: ZWMT)
They hit the market on Thursday, a week after BMO launched five other CDRs.
IAS, GSAM to launch global equity hedge fund
Independent Advisor Solutions Inc. (iAS), a wholly owned subsidiary of Wellington-Altus Financial Inc., will soon launch a global equity hedge fund with Goldman Sachs Asset Management (GSAM).
The Global Equity Market Neutral fund is set to be launched in series F, which will be available for standalone purchases by advisors for their clients as of Nov. 14, and series P, which will be incorporated into select model portfolios for which iAS acts as sub-advisor on or about the same date, a release said.
The new fund builds on the existing partnership between iAS and GSAM. It also adds to iAS’ existing MiBLOX fund suite.
The Global Equity Market Neutral fund seeks to address the challenges faced by long-only investors with a “market neutral-approach, aiming for consistent, differentiated alpha regardless of market direction,” the release noted.
Invesco expands ETF purchase options
Invesco Canada Ltd. has expanded the purchase options of two ETFs to respond to investors’ varying currency preferences and portfolio objectives.
Both the Invesco S&P 500 Equal Weight Income Advantage ETF (TSX: EQLI) and Invesco NASDAQ 100 Income Advantage ETF (QQCI) are now available in a Canadian-dollar-hedged option and a U.S.-dollar option.
Franklin Templeton fund changes price for fund suite
Franklin Templeton Canada is lowering the fees for its suite of core equity funds.
As of Jan. 1, 2026, the Franklin Canadian Core Equity Fund, Franklin U.S. Core Equity Fund, and Franklin International Core Equity Fund will see their fees lowered across series F and O, as well as the corresponding ETF series.
In addition to the fee changes, series A will be introduced for all three funds on Jan. 13, 2026, “further expanding investor accessibility and responding to advisor demand,” a release said.
A full breakdown of the changes is available here.
Franklin Templeton’s core equity funds were launched in 2019 and, as of Sept. 30, have $1.9 billion in assets under management, the release noted.
Revised index methodology to impact Mackenzie funds
Mackenzie Investments has announced upcoming changes to the index methodology of the Corporate Knights Global 100 Index, which will impact two of its funds.
Corporate Knights, the index provider, is set to implement a revised methodology for the index on or about Jan. 21, 2026.
The updated methodology will introduce a simplified scoring framework based on three equally-weighted performance indicators: sustainable revenue score, sustainable investment score and sustainable revenue momentum score, a release said.
As well, stricter exclusion criteria will be applied.
These updates are expected to impact the security selection process and holdings of the Mackenzie Corporate Knights Global 100 Index Fund and Mackenzie Corporate Knights Global 100 Index ETF, which track the index.
Fidelity to tweak fund risk ratings
Fidelity Investments Canada ULC has announced upcoming risk rating changes for four funds.
On Jan. 9, the following funds will have their risk ratings changed:
- Fidelity Insights Currency Neutral Mult-Asset Base Fund, from “medium” risk to “medium to high”
- Fidelity Insights Currency Neutral Class, from “medium” risk to “medium to high”
- Fidelity Global Innovators Class, from “medium to high” risk to “high”
- Fidelity Global Innovators Investment Trust, from “medium to high” risk to “high”
No changes will be made to the funds’ investment objectives and strategies as a result.