Goldman Sachs to manage National Bank Investments fund
The partnership means that National Bank Strategic U.S. Income and Growth Fund is now available to Canadian investors
- By: Tessie Sanci
- July 6, 2015 July 6, 2015
- 16:05
The partnership means that National Bank Strategic U.S. Income and Growth Fund is now available to Canadian investors
The majority of fund indices posted losses between 1% and 3%
Asset manager shifts executives, fund management responsibilities
The conversion will result in lower fees and improved liquidity
Renaissance Millennium High Income Fund to be renamed
Investors who are in fee-for-service accounts are eligible for significant fee discounts
New products aim to provide more options and flexibility
Mergers take effect in July
New subadvisor and name
“Pockets of value” remain, says Beutel Goodman’s Glenn Fortin.
Unitholders approve change to investment objectives
iProfie Money Market Pool merging into Investors Canadian Money Market Class
A team of portfolio managers with Calgary-based Franklin Bissett will manage the new fund
New, simplified term life insurance products will also be made available through the websites of participating advisors
As markets have risen, so have P/Es, says Templeton’s Peter Moeschter
Oil prices wield the biggest influence, says BMO’s Paul Taylor
The funds will terminate in September
If approved, the mergers will be effective in September
An investment objective change and mergers involving four funds are among the proposals
Two sets of mergers subject to unitholder approval
The increase in the TFSA’s annual contribution gives advisors a golden opportunity to contact clients and extol the virtues of the investment vehicle
U.S. subsidiary will serve as subadvisor for Manulife U.S. Diversified Growth Fund as of July 15
The fund aims to provide diversification through many currencies, countries and yield curves