Mackenzie introduces income-focused funds
The two mutual funds and one ETF seek to generate income from corporate and government bonds, dividend stocks, preferred shares, among others
- By: Beatrice Paez
- April 26, 2017 October 17, 2019
- 09:30
The two mutual funds and one ETF seek to generate income from corporate and government bonds, dividend stocks, preferred shares, among others
The new platform-agnostic system would make it possible for dealer firms to sell ETFs without having to set up the necessary compliance and back-office infrastructure
AGFiQ Asset Management aims to tailor product ideas in response to “specific client needs and outcomes”
Report suggests sector is on track to top last year’s record
Mackenzie Global High Yield Fixed Income ETF aims to provide a steady income stream “with the potential for long-term capital growth”
Richard Jenkins, chairman and managing director at Black Creek Investment Management Inc. and winner of the 2015 Morningstar Foreign Equity Fund Manager of the Year…
The SPIVA Canada Scorecard found that the equity market’s strong showing later in the year dragged down the performance of active managers
Vanguard Global All-Cap ex Canada Equity Index Pooled Fund will focus on emerging and developed markets outside of Canada
Each symbol will bear an identifying “H” at the tail of the symbol to mark that it’s currency hedged
Risk assessment is based on business fundamentals, not market moves
Rachel Volynsky will oversee the management of the firm’s Canadian equity strategies
The ETFs are designed to track indices that Dimensional Fund Advisors, whose Canadian unit is subadvising the new ETFs, has developed
The investment objectives for two funds will be altered and one of the funds would also be renamed
Invesco Global Dividend Income Fund and Invesco Global Monthly Income Fund aim to produce a “predictable income stream” for investors
CC&L Balanced Growth Portfolio failed to “achieve economies of scale for the ordinary operating expenses” and is now closed off to additional investments
The funds share similar objectives and will retain the same manager
The new funds offer exposer to global insurers, banks, discretionary and consumer staples companies
Steer clear of these missteps to ensure your clients don’t end up with irreparable damage to their financial plans
Cambridge Global Asset Management will now take on a greater role within CI, replacing Tetram Capital Management on several funds
Universal life insurance can provide benefits such as flexibility and tax-exempt investment room, but the product is not suitable for all clients
As universal life products evolve, some advisors say these products continue to be attractive while others say UL has no place in a client’s portfolio
Demand for advisor class units, which make up less than 2% of the firm’s AUM, is expected to decline as new regulatory measures take shape
Cooper, formerly of CI, will co-manage various Canadian equities-focused funds with Empire Life CIO Ian Hardacre
Management fees on Horizons S&P/TSX Capped Energy Index ETF and Horizons S&P/TSX Capped Financials Index ETF have been reduced to 0.25% from 0.35%