U.S. equity funds outperform in May: Morningstar
Energy drags Canadian funds, Morningstar Canada data show
- By: IE Staff
- June 2, 2015 June 2, 2015
- 06:35
Energy drags Canadian funds, Morningstar Canada data show
Source ETFs to track index series in Europe
Funds closed to new purchases
Investors approve new name, investment objective
Funds’ investment objectives and guidelines not affected, Manulife says
Investors are turning to ETFs for their low management fees, transparency and liquidity — and more disruption is coming
Earnings multiples are “more reasonable” than the index, Mark Thomson says
Smart beta ETFs come with a different set of risk factors that investors don’t fully understand
Two Renaissance funds closed to new investment
MERs now below 2% for all MD funds
Securityholder meetings to vote on proposed mergers
Firm to pay operating expenses for funds
Four new mandates launched
Although down from March, net sales were up by 15% year-over-year
PIMCO EqS Pathfinder fund and PIMCO Global Balanced Fund (Canada) are closed to new purchases
Account offers 1.5% interest rate if customers with a minimum balance refrain from withdrawal or debit activity for 90 days
Wide-ranging fee reductions on 41 funds
The fund seeks to deliver positive absolute returns of 8%
AGF Inflation Focus Fund closing
Program tailored to address changing financial and non-financial needs as clients age
Conservative and strategic global income products
New Canadian, U.S. and EAFE equity ETFs offer high-quality portfolios with broad core market exposure
Single issue policies will be available to clients aged 30-85
Principal Global Investors is a multi-boutique firm currently managing over US$340 billion of assets