BMO AM launches four ETFs
New funds offer investors international exposures and Canada’s first put write strategy ETF
- By: IE Staff
- September 9, 2015 September 9, 2015
- 10:50
New funds offer investors international exposures and Canada’s first put write strategy ETF
New rider gives policyholders the possibility of earning higher returns on a portion of their cash values
Fixed income ETFs led the way with US$8.8 billion in net inflows
Growth and protection offered in one package
Two funds to increase equity weightings, offer fixed distributions
Precious metals funds shine
Series I, Series T5 and Series T8 of several funds will be terminated in November
New investment objective
MD is the exclusive financial services partner for women physicians’ organization
Mergers take effect Sept. 14
Coverage options include life insurance up to $1 million and disability insurance up to $6,000 per month
Volatile stock markets are the main culprit
Additional subadvisors appointed to four pools
Two bond yield funds will be terminated before the end of the year while Fiera Capital Bond Fund has seen its risk rating change
Horizons Managed Global Opportunities ETF will use flexible tactical asset allocation among multiple global asset classes to seek long-term growth while looking to protect against…
Funds to be wound up on Aug. 28
FFCM and Highstreet Asset Management will take over portfolio advisor duties on U.S. AlphaSector Class fund, which will be renamed to AGF U.S. Sector Class
AUM rise 2.1% to $25.5 billion
The ETF is also the subadvisor’s, Landry Investment Management’s, first foray into producing momentum-based investment portfolios for retail investors
The CETFA ETF risk ratings system is designed to be a temporary stopgap measure until the CSA mandates its own risk-rating methodology
Choice of funds within CI Private Investment Management program expands
Unitholders to vote on merger of Bloom Income & Growth Canadian Fund and Bloom Select Income Fund
Three funds will be capped to all new and ongoing purchases
Brooke Thackray continues in the role as lead analyst and the investment objective and portfolio strategy has not changed
Up to 75% of the actively managed ETF invests in non-rated Canadian municipal bonds generally issued by mid-size municipalities