RBC improves cost certainty and fee transparency for fund investors
New measures include reduced MERs for RBC Target Education Funds
- By: IE Staff
- June 23, 2009 June 23, 2009
- 14:21
New measures include reduced MERs for RBC Target Education Funds
Change intended to make each Class more stable
BGI Canada’s Silgardo leads domestic development team
Series 11 for rollover transactions; Series 12 available for new purchases
O’Leary Canadian Income Opportunities Fund has successfully issued an additional 385,000 trust units and 385,000 warrants after the syndicate of agents exercised their over-allotment option,…
NYSE Euronext and The Depository Trust & Clearing Corporation announced Thursday the creation of a joint venture for clearing U.S. fixed income derivatives.
High yield corporate bond fund, short-term government bond fund
BMO Income Trust Fund, BMO International Equity Fund
Units no longer available for purchase
Sun Life Financial has extended its agreement with the Canadian Federation of Independent Business (CFIB) to offer group insurance coverage to its members nationally, the…
A special meeting of unitholders will be held on August 12 in Toronto to consider changes to the declaration of trust of several Middlefield Income…
Russell Canada to implement U.S. currency hedging
Acuity Income Trust Fund, Acuity Growth & Income Fund
Desjardins Group is adding a socially responsible investing option to its discretionary portfolio management service, the company announced on Tuesday.Desjardins Private Management, which offers discretionary…
MSP Maxxum Trust unitholders have approved a resolution to merge the trust into Mackenzie Maxxum Dividend Class, Mackenzie Financial said Monday.The trust’s units are expected…
Updated line-up includes three distinct brands
MD Funds Management Inc. plans to change to the way operating expenses are charged to the MD familay funds, the company said Friday.Effective September 30,…
Three portfolio teams to manage fund
Company will no longer pay up-front commissions for new purchases into DSC or LL options
Management fees cut for two funds
The four funds will then be terminated later this year because of the high costs associated with their management
The mergers took place on June 5, and each of the terminating funds was wound up immediately after the mergers