The firm is lowering management fees on 35 funds, eliminating certain series and reducing the minimum investment for other series
The portfolios in the two new ETFs consist of companies that typically demonstrate strong cash flows and lower share price volatility
Management fee cuts and portfolio manager changes
The firm’s iShares business has pursued a multiple-exchange listing strategy in other countries
Two funds will now be available to advisors who run a fee-based business
The company’s proposed new ‘Simplicity Pricing’ program recognizes higher levels of client investment with a flat fee
Founder of Brandes Investment Partners says value stocks have potential for several years of outperformance
The new ETFs and mutual funds offer options to invest with broad geographic diversification
Modest gains were the norm in a laid-back August.
No restrictions related to account size or number of transactions
Monthly distributions may include return of capital
Vitality program will offer rewards to some life insurance clients for “healthy living”
Voluntary retirement savings plans are expected to help 2 million Quebec workers save for retirement
Name change at Excel; NEI terminates one fund
Two portfolios added to lineup
OSFI will be responsible for licensing, registration and supervision
Managers that are born relatively poor tend to generate greater returns in their funds
First Asset Investment Grade Bond ETF was originally a mutual fund known as Marret Investment Grade Bond Fund prior to its conversion into an ETF
Industry assets under management rise to $1.3 trillion
Series NBA and Series NBF of three funds will no longer exist while Series NBA will also no longer apply on one other fund
The bank’s subsidiary, 1832 Asset Management, will become portfolio advisor to Scotia Global Balanced Fund, Scotia U.S. Dividend Fund and Scotia Global Dividend Fund
The portfolios offer tiered pricing and benefits for household accounts; are continually monitored and regularly rebalanced; and offer non-proprietary funds
The funds were developed for conservative clients and pre-retirees who seek relatively high returns but with lower risks
The firm has launched Manulife International Equity Private Trust, which presents a new non-North American equity option for investors in Manulife Private Investment Pools
David Arpin and Dina DeGeer will be taking on some or all of the management of the funds currently managed by Ashley Misquitta, who is…