CIBC and Manulife Investments introduce new dividend growth deposit notes
New notes linked to the performance of two Manulife-managed mutual funds
- By: IE Staff
- June 6, 2006 June 6, 2006
- 10:56
New notes linked to the performance of two Manulife-managed mutual funds
The China Objective Note is a risk-free investment
Generations I boasts competitive fees
Funds focused on protecting investors from currency risk
The name of the trust was subsequently changed to Criterion Diversified Commodities Currency Hedged Fund
Unitholder meeting set for July 4
Focus is on income-producing investments
But amalgamation does not affect board of directors composition
Miserable month for fund investors, says Morningstar Canada
Notes provide principal protection, regular distributions and capital growth potential
Two-thirds of Canadians aged 45-plus consider their retirement income needs from a monthly perspective
Fund provides fixed monthly distributions and increased flexibility with currency-hedged options
New issues total more than $33M
Long-term growth, capital appreciation to be the focus
Fund “impressed” with companies’ management teams, technologies
Proposes merger of four funds
Exchange defers capital gains tax liability
Pictet to manage small-cap component of Frontiers International Equity Pool
Houston-based team to assume responsibility for three funds
Fund provides exposure to major income trust sectors
Investment product guarantees a 25% minimum return
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Proposes mergers of Harmony Portfolios
Warranty assures appropriate investment diversification