HSBC lowers risk rating for five mutual funds
The changes are expected to take effect on Dec. 18
- December 12, 2017 October 17, 2019
- 15:35
First Asset Investment Grade Bond ETF invests primarily in investment-grade bonds and other investment-grade debt securities
Change in manager and trustee to Toronto-based Evolve Funds Group from Sphere Investment Management approved
The news follows Manulife’s announcement early last month that it would discontinue new sales of LTC insurance as of the end of November
Once the LSIF re-opens, Covington Capital anticipates redeeming up to 20% of the fund’s net asset value
New mutual fund aims to provide a “prudently managed” portfolio of bonds and other debt securities for Canadian investors
The change is anticipated to occur on or about Dec. 15
First Asset Can-Energy Covered Call ETF will be delisted from the TSX on Valentine’s Day 2018
The new additions include four new global funds and a family of five global index portfolios
Mackenzie Global Leadership Impact ETF subadvised by Pax Ellevate Management
Domestic equity funds had weak but mostly positive results
The ETF aims to duplicate the performance of the scientific beta emerging-markets multifactor-controlled volatility index
Units of the ETF that provide additional access to Exemplar Investment Grade Fund began trading on the TSX on Friday
City National Rochdale Emerging Markets Fund invests in quality companies in emerging markets
Invesco Canada announced plans to change the listing venue of PowerShares Ultra Liquid Long Term Government Bond Index ETF to NEO earlier this month
New ETF offers exposure to one of the fastest-growing global equity sectors
The popular Manulife Monthly High Income Fund, along with two related funds, will re-open to new investors in January
The firm has also named Patrice Quirion as portfolio manager of two mutual funds
The company invests in a portfolio of equities of large North American pharmaceutical companies
The fund consists mainly of dividend-paying securities of issuers that are either based in or derive a significant portion of their revenue from Europe
Excel Blue Chip Equity Fund will be terminated once the merger with Excel Emerging Markets Balanced Fund is completed
The Cayman Islands continues to be the fund domicile of choice, making up 53% of the global total by net asset value
The open-ended fund will invest in mortgages secured by high-quality commercial real estate
The firm is becoming the sole asset manager for certain funds and launching new Series F units for others