Desjardins Investments to close IBrix equity fund
The firm will also terminate certain IBrix bond fund classes
- By: IE Staff
- October 28, 2019 October 28, 2019
- 11:10
The firm will also terminate certain IBrix bond fund classes
Kyle Weaver currently manages three equity funds in the U.S.
Both mutual fund and ETF AUM increased last month
The Pathways lineup has a new name and new series
The fund is the first in Canada to offer access to emerging markets growth through local currencies
The company has also introduced two standalone funds
Class AT6 and Series P units of certain funds will be terminated on or about Nov. 20
Initial offerings closed on Monday
The product packages the return of multiple structured notes into a mutual fund
Acquisition is subject to regulatory and unitholder approval
The new fund begins trading on Friday
The six new funds will be managed by Desjardins Investments Inc.
The new program is available to those with a limited life expectancy who are facing financial hardship
New fund invests in dividend-paying companies outside of Canada and the U.S.
New option aims for enhanced returns with low volatility
Fiera Capital will act as subadvisor to multiple funds; other funds will be cut
TDAM will cap two funds and assume portfolio management of another
HSBC has licensed the index, which features stocks with high ESG scores
The firm’s investment fund clients can now offer PTF versions of their funds on NEO Connect
New product offers retail investors exposure to funds usually available only to institutional investors
The bank is also one of two Canadian signatories to the UN's Principles for Responsible Banking
Firm aims to integrate ESG into most funds by end of year; Nicola Wealth launches sustainable fund
Among the key considerations are the size of the account, the client's time horizon, transaction costs, management fees and taxes
Certain funds will merge, and other changes relate to investment objectives, benchmarks and fees
Two new products were unveiled on Monday