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
Closed-end fund will terminate on July 31
iShares and BMO had inflows of more than $1 billion in “frenzy of asset-gathering”
Fee on Horizons Cdn Select Universe Bond ETF will decrease to 0.09%
The worst performers in May were fund indices that track sector-specific categories
The July 1 terminations are a result of low investor demand
Investors would be more inclined to choose responsible investments if their financial advisors suggested suitable products
The two ETFs, which began trading on Tuesday, are based on actively managed portfolios
BMO Insurance Whole Life Plan offers a death benefit that grows over time through an annual performance bonus
Focusing on a product’s value proposition instead of its fee structure is key in ensuring the product stands out
Total net sales rose by 70% during the first four months of 2017 compared with the same period a year earlier, IFIC reports
Invesco Emerging Markets Debt Fund to merge into Invesco Global Bond Fund
Changes simplify pricing across the company’s mutual fund lineup
Harbour Advisors will also take over as portfolio advisor to the CI funds that Tetrem Capital Management Ltd. subadvises
The firm’s two new ETFs use asset-class management to provide better diversification
Redwood Core Income Equity Fund and the Redwood Tactical Asset Allocation Fund began trading on the NEO Exchange on Wednesday
The firm has also tweaked the asset allocation for three multi-asset portfolios
Desjardins Global Asset Management will take over as portfolio manager of Desjardins Short-Term Income Fund from Desjardins Investments
Three funds will be merged into Manulife Growth Portfolio sometime around June 2
The US$125-million fund will be managed by AIP Private Markets
Bridgehouse announces planned series re-designations
Franklin Target Return Fund is targeted at investors seeking consistent growth but who fear market downturns
Regulators have approved the final prospectus for Excel Global Balanced Asset Allocation ETF and Excel Global Growth Asset Allocation ETF
Invisor is introducing a new digital insurance platform for clients to buy term life insurance policies up to $500,000
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