Mutual funds limp into RRSP season
Fund sales stay negative, while ETF sales hold up and assets rise, IFIC says
- By: James Langton
- February 26, 2024 February 26, 2024
- 14:08
Fund sales stay negative, while ETF sales hold up and assets rise, IFIC says
Plus, Fidelity launches new all-equity and alt funds, and CIBC adds to CDR lineup
Options include active, passive and factor-based funds
Equity funds led January flows, while cash products remained popular
Unitholders should be cautious when calculating their capital gains or losses
Awards are based on risk-adjusted performance history going back as far as 10 years
Some funds have broadened their mandates as yields take a hit
Plus, NEI partners with Picton Mahoney on alt fund
Leslie Byberg will oversee enforcement as the regulator looks for a new director
Plus, the income products keep coming
Plus, Evolve exiting the metaverse
ETF providers like fixed income and active management in 2024 outlooks
Investors in five Emerge ARK ETFs have not received payments for receivables outstanding
Dominant cash funds faced headwinds late in the year, reports say
Emerge ARK funds are still owed $4.7 million by manager
Plus, Horizons to shutter its bull and bear marijuana ETFs
Active mandates and options strategies dominated launches
Deferred annuities were first introduced in 2019 federal budget
Almost $4.9 billion flowed into Canadian ETFs last month, according to National Bank
More than half of the S&P/TSX Composite had negative price returns as of mid-November, report says
Plus, new ETFs from Mackenzie
High rates and demand led the firm to re-enter the market five years after exiting
Plus, balanced funds go private and an AI-branded ETF
Passive funds drove the redemptions, while active flows remained positive
Manulife and PIMCO take group ETF awards