Mutual fund sales soar in January
But so do redemptions
- By: IE Staff
- February 15, 2000 February 15, 2000
- 19:36
But so do redemptions
A global tech fund and G3 fund
New fund has $50 million already
Affected by higher operating costs and lower investment
Revises hold-period restrictions
Overseas Equity and Money Market pools
"Clone" of International Master Portfolio fund
Offering new line of seg funds
In ongoing negotiations
Trail commissions up 22 percent
Due to strong investment performance and cost controls
Several acquisitions completed during the period
Termination set for March 31, 2000
Enjoys more than $5 per unit growth
Trimark launches American money market fund
Joining RSP World Funds
Hooking up with MAXXUM
File preliminary prospectus
Require $1,000 minimum investment
Foreign-eligible clones of existing funds
Exchange and BGI Canada strike agreement on merger
Wants to launch four new multi-manager funds
Offering bonus for reaching return targets
Focusing on business-to-business e-commerce