SLGI, Excel to streamline mutual fund lineup
The proposed revisions include fund mergers, investment objective changes, fee changes
- By: Leah Golob
- March 1, 2018 October 17, 2019
- 11:40
The proposed revisions include fund mergers, investment objective changes, fee changes
Mutual fund dealer announces fee reductions of between 0.05% and 0.30%
New fund will begin trading on the TSX on March 6
The new fund selects bonds issued by federal agencies, provinces and municipalities that offer a higher yield than traditional government issues
The company plans to call a special meeting to amend the investment objectives of BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF
The PST is being repealed retroactively to Aug. 1, 2017, the date the tax was implemented
Two funds get new risk ratings
Net sales for the mutual funds industry climbed to $4.9 billion in January
The actively managed funds are expected to have a management fee of no greater than 0.50% for F-class units
The investment manager employs a proprietary methodology that forecasts dividend growth for the coming 12 months
FRITS will accelerate industry group’s reporting and analysis capabilities
Initial coin offerings may promise reward, but they carry high levels of both regulatory and financial risk
The firm has is also proposing a change to the investment objective Sentry Canadian Resource Class
Canadians deposited more than $40 billion into their plans, averaging $3,000 per contribution
Investors may reconsider the risks they take on within their RRSPs
Management fee reduced to 0.08% from 0.12%
The company believes the international cannabis industry is poised to exceed $30 billion by 2021
D-class and IS-class units across all Excel mutual funds closed to new investments
New management fees range from 0.75% to 0.77%
Units are scheduled to begin trading on Aequitas NEO Exchange on Feb. 14.
The affected products aim to provide inverse exposure to the S&P 500 VIX short-term futures index
The association is meeting with advisors to explain the new compensation disclosure guideline and gather their views on how best to implement it
Global Resource Leaders ETF and US Bank Leaders Income ETF begin trading on TSX
Defaults are declining in the high-yield arena as corporate issuers enjoy rising profitability and strong balance sheets