CIBC introduces “Low-Minimum” hedge fund
Sole Canadian bank to offer investors access to Gottex Fund Management expertise
- By: IE Staff
- September 6, 2006 September 6, 2006
- 07:15
Sole Canadian bank to offer investors access to Gottex Fund Management expertise
Recently launched funds top $37 million in assets
New fund structure focused on improving after-tax returns
Unitholders also approve a modification of the investment objectives of three FERIQUE funds
LP will invest in a diversified portfolio of flow-through shares issued by mineral exploration companies in Québec
New funds are aimed to help investors benefit from Canadian market gains and encourage global diversification
Maximum size of new offering is $50 million
RBC Asset Management Inc. today launched the RBC Canadian Diversified Income Trust Fund.“At 10% of the S&P/TSX Composite Index, income trusts have grown to represent…
Deposit notes offer access to global markets; degree of exposure to be determined by asset-allocation strategy
Fund aims to maximize capital growth by investing its assets primarily in equities of Canadian natural resource companies
Company has primarily attracted investments from several well-established family offices and financial institutions
CIBC Mellon to act as trustee and custodian
Notes linked to Signature Income & Growth Fun
Re-opening the fund will allow investors to rollover their existing investment
ABN AMRO affiliate to provide advice on Far East markets
Changes to investment objectives also approved
Rapid growth in assets prompts closing
Rates to drop by 0.1% to 0.25%
Business sold to former owner
Impax Venture Fund, Impax Venture Income Fund
Fund will be managed by Lazard's Haynes
Fund invests in companies trading in Hong Kong, Taiwan, Singapore and China
New auditors, fee structure and investment objectives
A new way to benefit from energy investments