New ifund to track S&P/TSX income trust index
Barclays Advantaged S&P/TSX TM Income Trust Index Fund
- By: IE Staff
- May 13, 2003 May 13, 2003
- 10:50
Barclays Advantaged S&P/TSX TM Income Trust Index Fund
Active fixed-income managers perform well: Russell Canada
New portfolio management and investment strategy
Goodman to manage repositioned funds
Replacements named for chairman, CEO
Will allow short-term corporate bonds
Net redemptions estimated at $1.6 billion: IFIC
Fund of funds is RSP eligible
Potential for monthly-tax efficient income
Units eligible for inclusion in RRSPs, RRIFs
Proposes merger with Hirsch Opportunistic Canadian Fund
Preservation funds closed to maintain optimal size
Reduced expenses offset drop in revenues
New funds use "fund of funds" structure
Several funds close to new purchases
Business park to be managed by pooled fund
Cambridge, Trans-Canada funds to move to Mavrix
New manager to take over
Foreign equity funds will terminate on June 27
Changes effective June 27
Funds dump Janus
Ainsworth, Sanders and Becker to oversee former Janus funds
Announces partnership with UBS Global
AIM Trimark adjusts portfolio manager line-up