OceanRock adds three sub-advisors
Aegon, Fiera and Sionna given new mandates
- By: IE Staff
- April 9, 2013 April 9, 2013
- 15:50
Aegon, Fiera and Sionna given new mandates
The key performance driver of the PH&N Canadian Income Fund has been the tactical exposure to cyclical stocks
The eleven mutual funds and pools are in addition to a Manulife fund closed earlier this month
The two funds are expected to provide tax-efficient exposure to their underlying portfolios until 2017
Temporary measure follows budget crackdown on character conversion transactions
Fund seeks to provide investors with 30% less volatility than a standard equity portfolio
Decision follows 2013 budget announcement
Decision taken in response to the federal government's proposed changes to “character conversion transactions”
The closed-end fund will invest in high yield fixed income securities issued by companies in Latin America
Many firms have already capped their sales of “character conversion” funds
Signature Global Advisors’ Eric Bushell says the U.S. is on the mend
Offering to close on April 18
Fund’s tax-advantaged distributions will end as a result of government’s clampdown on “character conversion transactions”
New account offers a promotional interest rate of 1.50% with a minimum balance of $5,000
Decision follows 2013 budget crackdown on character conversion transactions
Closings in response to proposed rule changes for “character-conversion transactions”
Hybrid Solution 100 combines guaranteed and adjustable features
Natural resources equity and precious metals equity were the worst performing indices
Initial yield expected to be 6.75% per year
Seven funds closing to additional investment
Two funds to close to new purchases
Market challenges in Europe have created opportunities for Capital International Global Equity Fund to invest in great companies
Move follows budget crackdown on character conversions
Multi-manager asset class funds are meant to offer group plan members more diversification
Bank loans, or senior debt, offer investors an alternative to high-yield bonds