HSBC Bank Canada to support its asset-backed commercial paper program
No exposure to third-party ABCP within HSBC mutual or pooled funds
- By: IE Staff
- August 22, 2007 August 22, 2007
- 07:35
No exposure to third-party ABCP within HSBC mutual or pooled funds
ABCP in funds sponsored by major Canadian banks
Series structured to pay out a fixed, monthly distribution
Way to manage AGF Global Dividend Fund
Renaissance Investments fund family launches
Company builds on leadership in shariah-compliant category
Three deposit note options
Bank expects to acquire approximately $2 billion in ABCP
Franklin Flex Cap Growth Corporate Class invests primarily in U.S. equities
Unitholders approve mandate change
Merged funds to be renamed Mackenzie Universal Global Growth Class
Halcyon Canadian Demographic Fund to merge with Halcyon Hirsch Opportunistic Canadian Fund
New fund to take bottom up approach
Merger of five funds to take place on September 27
Shareholders approve proposal
Lawrence Income & Growth Fund gets broader investment mandate
New replaces operating expenses
Shareholders approve Trimark North American Endeavour Class
Novacap II consists of fourteen companies in various industries
Annual redemption dates moved up to August 30
Dividend to amount to 5% annually
Portfolios now available with 5% and 7% distributions
Available for sale until Sept. 7, 2007