Evolve launches preferred share ETF
The new ETF began trading on the TSX on Thursday
- By: IE Staff
- September 26, 2019 October 17, 2019
- 10:44
The new ETF began trading on the TSX on Thursday
Evolve has announced it is closing two funds
The firm is also changing the names of 19 funds
Changes are effective Friday
The products allow investors to move to a higher interest rate during the term of a GIC
The firm unveiled a new ETF and mutual fund on Tuesday
The new growth product started trading Monday
Two funds will be delisted in November
The pooled fund offers exposure to real assets
The new PFT will utilize the NEO Connect platform
Each ETF offers exposure to a "distinct style of investing," firm says
National Bank’s Daniel Straus calculates what these spreads actually cost mutual fund investors
Carol Lynde was elected at the association’s AGM this week
Fund aimed at investors “looking to simplify their fixed income holdings”
The fund has the ability to use options and short positions for risk protection
Changes effective Oct. 1
The strategy can work in bull and bear markets
Clients can borrow up to 90% of their policy’s cash surrender value
New fund invests in long and short positions of North American credit securities
Firm is terminating five funds, merging 11
U.S. stock markets also edged higher on Wednesday
Funds will be delisted from the TSX in September
Reorganization is in response to draft legislation that will implement changes to the "allocation to redeemers" rules