Covington completes investment in NexGen
Fund distributor to provide tax focused offerings
- By: IE Staff
- May 10, 2006 May 10, 2006
- 16:30
Fund distributor to provide tax focused offerings
Funds to invest in Quebec-based start-ups
Tax changes save DMP Canadian Dividend Class
Fund-of-fund products finds success with commitment to performance
But relief is granted provided various criteria are met
Changes to allow for greater portfolio diversification
Fund company chooses manager with disciplined investment style
12 funds to be terminated
Desjardins Financial Security is launching a new critical illness insurance for children. According to DFS, Harmony New Generation is the most comprehensive critical illness insurance…
Pericles Growth Fund to invest in Quebec businesses
Company also changes name of international fund to reflect underlying portfolio fund’s name change
Healthcare funds suffer
Mackenzie assumes management; seasoned fixed income specialist to lead fund
Details of additional fund changes also announced
New feature lowers monthly payments, assists in managing cash flow
New fund combines mezzanine financing with four Sceptre mutual funds
Business clients to have greater access to Asia and the Middle East
Meetings for unitholders to take place on June 22
Sones, Nakamura to take over for Colbourne
Experience with fund’s investment strategy a key factor in decision
New product has an interest rate adjustment every six months instead of every year
The majority of the new funds will be structured on a taxable basis
INDEXPLUS 2 merged with INDEXPLUS