Low rates push fixed-income investors toward new instruments
As rate-reset preferreds are called, LRCNs are taking their place
- By: Andrew Allentuck
- August 20, 2021 September 8, 2021
- 11:41
As rate-reset preferreds are called, LRCNs are taking their place
The bank also proposed changes to the investment objectives of two ETFs
The new fund will, to start, provide indirect exposure to Bitcoin and Ether
The four beta ETFs are the firm's first passively managed mandates
Two funds will also be terminated
The fund stopped accepting additional purchases on Wednesday
Regulators started allowing the notes to qualify as Tier 1 capital for life insurers earlier this year
Together, the Toronto Stock Exchange and the NEO Exchange added 85 ETFs in the first half of 2021
Tips for advisors to ensure the best order execution
The firm has also launched U.S.-dollar-hedged units of certain funds
Proceeds from the three-year bond will be used to finance green and social assets
The fund will list on the London Stock Exchange as part of a partnership with HANetf
InvestorEQ uses psychometric modules to give advisors insight on clients’ investing behaviours
Alternative investments, ESG funds and China offer investors opportunities to diversify, says Barry McInerney
Both products are designed to allow investors to benefit from strong market performance
The new products will give Canadian investors access to fractional shares of large tech companies
The two funds are managed by in-house specialty investment manager Martin Currie
The notes will bear interest of 3.6% annually for the first five years
Private Client Advice will provide customized coverage
The fund offers exposure similar to the S&P/TSX 60 and uses 25% leverage to enhance yield
New PM’s strategy is expected to result in a potentially meaningful capital gains distribution
The bond will finance or refinance green assets tied to categories such as renewable energy
The fund uses a variety of tax-management strategies to maximize returns
Strong returns have looked especially good compared to dismal fixed income performance