IFIC, IFB in favour of CCIR seg fund recommendations
But the two groups have differing views on how the rules for seg funds and mutual funds should be harmonized
- By: Megan Harman
- July 19, 2016 October 15, 2019
- 11:25
But the two groups have differing views on how the rules for seg funds and mutual funds should be harmonized
Index aims to track the performance of 49 companies
The new ETFs provide exposure to dividend-paying equities from the U.S., Europe and other international markets, and two funds are available in a dynamically hedged…
Management fees will be reduced on certain funds on July 15
Subsidiary of U.S. firm will use a variety of hedging strategies in eight new funds
Industry associations representing exchange-traded fund (ETF) providers and mutual fund dealers are applauding the Mutual Fund Dealers Association of Canada’s (MFDA) proposed new proficiency standard…
Simpler, cheaper alternative to comprehensive plans covers four major conditions
Portfolio Solutions Group will take over as subadvisor for several funds
Musson, Moody and Sunderji named lead portfolio managers
European equity funds take the biggest hit, while precious metals funds continue their impressive run
Private pools and income funds focus on financial needs pre- and post-retirement
Objectives and strategies remain the same
Two of the new funds invest in Mackenzie’s recently launched Maximum Diversification Index ETFs
The firm also announced a change in portfolio subadvisor and changes to its risk rating for five funds
With CRM2 coming into effect, usage of ETFs may increase as advisors move toward a fee-based compensation model and clients become more sensitive to investment…
Canoe Canadian Corporate Bond Fund will be managed by Marc Goldfried, Canoe’s chief investment officer
The four new ETFs, which have a management fee of 0.35%, will be managed by Vanguard’s Quantitative Equity Group
Mark Grammer is leaving the firm to pursue a new opportunity
New guarantee options enable firm to target large segment of the market
Two new products focus on Canadian equities and U.S. equities
Circuit breakers are based on the extent of leverage used in the fund
AUM increase by $28 billion or 2.3% compared to April
The decision to limit inflows is in order to preserve the portfolio management teams' ability to fulfill their mandates
The platform will allow participants to trade mutual funds through the Toronto Stock Exchange’s existing equity trading infrastructure
Platform-traded funds benefit from a less costly trading process