Fund sales jump in March
Sixth consecutive month of positive sales
- By: IE Staff
- April 5, 2004 April 5, 2004
- 07:30
Sixth consecutive month of positive sales
Cash and share deal expected to close in July
Two funds to be renamed
Japanese equity funds soar
To be composed of five U.S. asset classes
Whitley appointed sub-advisor
Van to manage fund of funds product
Unitholders to vote on five mergers
Exemption covers pre-authorized investment plans
SciVest Market Neutral Equity Fund recognized as top performing hedge fund
Fund closed to new purchases effective today
Closed-end trust based on global allocation strategy
Few signs of detriment to long term investors
Look for better balance among fund categories: CMFA
Majority of sales go to long-term funds
Move eliminates duplication
Latin funds continue to climb
Reference tool focuses on sound practices
Quebec money managers merge
More time needed to complete intergration with Meastral funds
Shareholders need to know whose side directors are on
Fund closes to new investors on March 12
Funds to be terminated May 21
$5 billion in net sales last month
Irwin Michael tells investors to be cautious