Fund industry seeks extension to implement federal budget measure
IFIC says elimination of character conversion contracts will take longer than the 180-day transition period outlined in the budget
- By: Jade Hemeon
- April 10, 2013 April 10, 2013
- 12:00
Latest news in Products
TDAM names new portfolio advisor for four funds
Newly acquired Epoch Investment Partners to invest in companies generating free cash flow and effectively allocating capital
- By: Fiona Collie
- April 10, 2013 April 10, 2013
- 09:55
Manulife’s FutureStep adds DPSP option
Deferred Profit Sharing Plan option added to group retirement plans
- By: IE Staff
- April 10, 2013 April 10, 2013
- 09:35
Dynamic makes changes to corporate class funds
Fund company launches new mutual fund and re-names another
- By: Fiona Collie
- April 10, 2013 April 10, 2013
- 09:15
CIBC to keep capital yield fund open
Fund’s performance outweighs the loss of tax advantages created through the use of forward contracts, manager says
- By: Fiona Collie
- April 9, 2013 April 9, 2013
- 15:55
OceanRock adds three sub-advisors
Aegon, Fiera and Sionna given new mandates
- By: IE Staff
- April 9, 2013 April 9, 2013
- 15:50
Fund manager profile: Looking for solid returns with low volatility
The key performance driver of the PH&N Canadian Income Fund has been the tactical exposure to cyclical stocks
- By: Michael Ryval
- April 9, 2013 April 9, 2013
- 15:05
Manulife caps 11 corporate class funds
The eleven mutual funds and pools are in addition to a Manulife fund closed earlier this month
- By: Fiona Collie
- April 9, 2013 April 9, 2013
- 11:10
Russell Investments to cap two funds
The two funds are expected to provide tax-efficient exposure to their underlying portfolios until 2017
- By: IE Staff
- April 8, 2013 April 8, 2013
- 15:15
NEI Investments to cap three corporate class funds
Temporary measure follows budget crackdown on character conversion transactions
- By: IE Staff
- April 8, 2013 April 8, 2013
- 11:30
RBC GAM launches new low volatility global equity fund
Fund seeks to provide investors with 30% less volatility than a standard equity portfolio
- By: IE Staff
- April 8, 2013 April 8, 2013
- 09:00
Fiera caps Tactical Bond Yield Fund
Decision follows 2013 budget announcement
- By: IE Staff
- April 5, 2013 April 5, 2013
- 14:00
Mackenzie to cap 12 funds
Decision taken in response to the federal government's proposed changes to “character conversion transactions”
- By: Fiona Collie
- April 5, 2013 April 5, 2013
- 09:40
Excel Latin America Bond Fund II announces IPO
The closed-end fund will invest in high yield fixed income securities issued by companies in Latin America
- By: IE Staff
- April 5, 2013 April 5, 2013
- 08:50
OSC calls for cap on funds impacted by budget
Many firms have already capped their sales of “character conversion” funds
- By: James Langton
- April 4, 2013 April 4, 2013
- 15:30
Greener pastures found outside Canada
Signature Global Advisors’ Eric Bushell says the U.S. is on the mend
- By: Sonita Horvitch
- April 4, 2013 April 4, 2013
- 11:55
Starlight U.S. Multi-Family Core Fund files final prospectus
Offering to close on April 18
- By: IE Staff
- April 4, 2013 April 4, 2013
- 11:00
Manulife Asset Management to close mutual fund
Fund’s tax-advantaged distributions will end as a result of government’s clampdown on “character conversion transactions”
- By: Fiona Collie
- April 4, 2013 April 4, 2013
- 09:45
National Bank launches high interest savings account
New account offers a promotional interest rate of 1.50% with a minimum balance of $5,000
- By: IE Staff
- April 4, 2013 April 4, 2013
- 08:30
TDAM to cap sales of four capital yield funds
Decision follows 2013 budget crackdown on character conversion transactions
- By: IE Staff
- April 3, 2013 April 3, 2013
- 16:00
RBC GAM closes three funds
Closings in response to proposed rule changes for “character-conversion transactions”
- By: Fiona Collie
- April 2, 2013 April 2, 2013
- 16:00
Empire Life introduces permanent hybrid life insurance
Hybrid Solution 100 combines guaranteed and adjustable features
- By: Megan Harman
- April 2, 2013 April 2, 2013
- 09:40
Japanese, U.S. equity funds post big gains in Q1: Morningstar
Natural resources equity and precious metals equity were the worst performing indices
- By: IE Staff
- April 2, 2013 April 2, 2013
- 08:00
Manulife Floating Rate Senior Loan Fund files preliminary prospectus
Initial yield expected to be 6.75% per year
- By: IE Staff
- April 2, 2013 April 2, 2013
- 07:50
Fidelity makes changes to capital yield funds
Seven funds closing to additional investment
- By: IE Staff
- April 1, 2013 April 1, 2013
- 16:15