RBC GAM unitholders approve changes, fee reductions
New investment objectives for seven funds
- By: IE Staff
- June 22, 2017 October 17, 2019
- 15:30
New investment objectives for seven funds
The ability to protect information about a fund’s holdings from the market could make actively managed ETFs a much more widely used product
The move to add Chinese equities follows from the implementation of the Stock Connect program to facilitate trading between Hong Kong and mainland China
US Buyback Leaders ETF changes name to US Equity Plus Income ETF
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
National Best Financial Network’s website, Canadian LTCi, generates a comparison of available LTC policies for Canadians who enter their relevant details
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
No more direct subscriptions for Horizons Managed Multi-Asset Momentum units will be made available
Management fees will be reduced by five basis points among all current series of the affected funds as of July 1
The changes include tweaking the investment objectives and strategies, modifying corporate classes and reducing fees
The new ETFs offer investors choice between Canadian, U.S., and global portfolios
The firm will also eliminate First Asset Cambridge Core Canadian Equity ETF from its line up in August
Reducing management fees and trailers is essential to helping clients achieve their financial objectives
The fund will pay a final quarterly distribution of 20¢ per unit
The change to Mackenzie Maximum Diversification US Index ETF’s risk profile is to comply with the CSA’s new risk classification methodology
The fund is designed to maximize the yield opportunity in a short-duration, investment-grade bond portfolio
Morningstar study shows that harmful market timing calls push investment performance down
The terminating funds affected by the cancelled merger will now have their fees reduced to stay consistent with Dynamic’s overall pricing strategy
Fees are reduced by 20 basis points on seven balanced funds
The funds began trading on the Toronto Stock Exchange on Monday
The fund is designed to meet the evolving needs of institutional and private client investors