Mutual fund sales rose sharply in May
Total industry net sales were $26 billion for the five months ended May 31 compared with $15.1 billion in the same period last year
- By: James Langton
- June 21, 2017 October 17, 2019
- 10:00
Latest news in Products
MGA introduces new online tool to help Canadians with LTC insurance
National Best Financial Network’s website, Canadian LTCi, generates a comparison of available LTC policies for Canadians who enter their relevant details
- By: Megan Harman
- June 20, 2017 October 17, 2019
- 16:30
Life insurance is a low priority for millennials
New TD survey finds that life insurance takes a backseat to managing day-to-day expenses, paying down debt, saving for a house and saving for retirement
- By: Leah Golob
- June 20, 2017 October 17, 2019
- 13:40
Horizons to terminate one ETF
No more direct subscriptions for Horizons Managed Multi-Asset Momentum units will be made available
- By: Leah Golob
- June 19, 2017 October 17, 2019
- 10:15
Fidelity to reduce fees on six fixed-income funds
Management fees will be reduced by five basis points among all current series of the affected funds as of July 1
- By: Leah Golob
- June 15, 2017 October 17, 2019
- 12:40
Investors Group makes changes to mutual funds
The changes include tweaking the investment objectives and strategies, modifying corporate classes and reducing fees
- By: Leah Golob
- June 15, 2017 October 17, 2019
- 11:10
BlackRock to introduce new dividend suite of ETFs
The new ETFs offer investors choice between Canadian, U.S., and global portfolios
- By: Leah Golob
- June 13, 2017 October 17, 2019
- 13:30
First Asset to launch new ETF
The firm will also eliminate First Asset Cambridge Core Canadian Equity ETF from its line up in August
- By: Leah Golob
- June 13, 2017 October 17, 2019
- 11:10
HSBC GAM lowers fees on certain mutual funds
Reducing management fees and trailers is essential to helping clients achieve their financial objectives
- By: Leah Golob
- June 13, 2017 October 17, 2019
- 09:30
DDJ High Yield Fund announces termination
The fund will pay a final quarterly distribution of 20¢ per unit
- By: IE Staff
- June 12, 2017 October 17, 2019
- 13:20
Mackenzie reclassifies risk profile of ETF
The change to Mackenzie Maximum Diversification US Index ETF’s risk profile is to comply with the CSA’s new risk classification methodology
- By: Leah Golob
- June 12, 2017 October 17, 2019
- 10:00
Morningstar calls for an end to embedded commissions
The firm’s submission to the CSA’s consultation says embedded commissions create a conflict of interest
- By: James Langton
- June 8, 2017 October 17, 2019
- 11:15
Purpose Investments introduces new bond fund
The fund is designed to maximize the yield opportunity in a short-duration, investment-grade bond portfolio
- By: Leah Golob
- June 8, 2017 October 17, 2019
- 10:20
The damaging behaviour of mutual fund investors
Morningstar study shows that harmful market timing calls push investment performance down
- By: Jade Hemeon
- June 5, 2017 October 17, 2019
- 12:40
Dynamic Funds retracts proposed fund mergers
The terminating funds affected by the cancelled merger will now have their fees reduced to stay consistent with Dynamic’s overall pricing strategy
- By: Leah Golob
- June 5, 2017 October 17, 2019
- 11:40
RBC Insurance reduces fees on some seg funds
Fees are reduced by 20 basis points on seven balanced funds
- By: Megan Harman
- June 5, 2017 October 17, 2019
- 11:15
Franklin Templeton introduces two strategic beta ETFs
The funds began trading on the Toronto Stock Exchange on Monday
- By: Jade Hemeon
- June 5, 2017 October 17, 2019
- 10:45
Scotia launches new credit absolute return fund
The fund is designed to meet the evolving needs of institutional and private client investors
- By: IE Staff
- June 5, 2017 October 17, 2019
- 09:20
First Asset Energy & Resource Fund announces termination
Closed-end fund will terminate on July 31
- By: IE Staff
- June 5, 2017 October 17, 2019
- 09:00
Canadian ETF industry has record inflows in May
iShares and BMO had inflows of more than $1 billion in “frenzy of asset-gathering”
- By: Jade Hemeon
- June 2, 2017 October 17, 2019
- 15:30
Horizons trims management fee on fixed-income ETF
Fee on Horizons Cdn Select Universe Bond ETF will decrease to 0.09%
- By: IE Staff
- June 2, 2017 October 17, 2019
- 13:30
Asian, European equity funds outperform in May: Morningstar
The worst performers in May were fund indices that track sector-specific categories
- By: IE Staff
- June 2, 2017 October 17, 2019
- 07:30
First Asset ETFs to eliminate PACCs and SWPs
The July 1 terminations are a result of low investor demand
- By: IE Staff
- June 2, 2017 October 17, 2019
- 06:50