Mutual fund sales retreat in July
Mutual funds industry assets under management slip to $1.4 trillion
- By: James Langton
- August 22, 2017 October 17, 2019
- 14:00
Mutual funds industry assets under management slip to $1.4 trillion
Reductions effective Aug. 23
Payments will be made to unitholders on Aug. 24
61 new companies added to index
Middlefield Healthcare & Life Sciences Dividend Fund IPO raises $103 million
James Robertson added as manager to 10 funds
BMO International Equity Fund and BMO Japan Fund have different return drivers than Canadian markets
Investors can sell or wait to collect the liquidation proceeds in September
Units delisted from the Toronto Stock Exchange
The IPO of WisdomTree Europe Hedged Index ETF’s non-hedged units is now completed
The introduction of these fees would “achieve a fair and reasonable result for each fund”
Value Capital Trust can complete certain types of M&As and financings on a more tax-efficient basis than a traditional capital pool
The equal-weight BMO ETFs will begin tracking Solactive indices and have new names next month
The fund aims to provide access to a diversified portfolio of residential real estate projects
The digital application features an expedited five-step process that replaces the traditionally paper-heavy process
Expert Cyber includes coverage for meeting regulatory requirements and covering fees, to notifying clients, managing business interruption and restoring lost data
Despite a rebound in the resources sectors, Canadian equity funds posted modest losses during the month
WisdomTree Canada acquires Questrade’s ETF lineup and becomes “premier provider” of ETFs on Questrade’s self-directed platform
Overall mutual industry net sales through the first half of 2017 were almost double what they were a year ago, according to IFIC data
Phillips, Hager & North Short Term Bond & Mortgage Fund had been capped to new investors in July 2016 to manage inflows
The firm has announced a change in portfolio managers as well as the merger of some of its funds
Invesco Emerging Markets Debt Fund will merge with Invesco Global Bond Fund