CIBC Asset Management announces changes to bond pools
The company is assuming core portfolio advisor duties for three fixed-income pools
- By: IE Staff
- February 19, 2019 October 17, 2019
- 12:05
The company is assuming core portfolio advisor duties for three fixed-income pools
If approved, the merger will take place on or about March 27
Middlefield Healthcare & Life Sciences ETF and REIT INDEXPLUS ETF now trading on the TSX
Fee model aligns manager profitability with the results achieved by clients
BMO AM has introduced three asset allocation ETFs and four others
Investors can now choose to invest in the ETF on a hedged or unhedged basis
Mutual fund families that used a stock-picking portfolio-management style soared last year
There will be no changes to the pool's investment objectives
The four ETFs began trading on TSX Friday
16 ETFs are affected
The portfolios are made up of various underlying Vanguard ETFs
The firm's first ETF tracks value, momentum and trends
Oil and gold prices rise, fed goes dovish on rate hikes
Investors who meet certain eligibility requirements will also see cost reductions
Manager launches several series extensions and U.S. dollar purchase options
The funds will be terminated on March 28
Investors will benefit from lower management fee
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Bond and ETF funds to be merged
2018 Investment Funds Report provides comprehensive data about mutual fund and ETF assets and sales activity
Units of the Desjardins Alt Long/Short Equity Market Neutral ETF are trading on the TSX
The new strategies offer more options for clients interested in factor investing, the firm says