Ratings on two mutual funds changed to “low-to-medium”
Ottawa-based Tradex Management Inc. has lowered the risk ratings on two of its mutual funds.
The ratings for Tradex Equity Fund Ltd. and Tradex Global Equity Fund are both lowered to “low-to-medium” from “medium”.
The changes follow an annual review of the investment risk level of the funds, Tradex said in a news release.
There are no changes to the investment objectives or strategies of either fund.
Qualified investments review could lead to lower costs for investors but also restrictions
The regulator's investigation into Emerge Canada is ongoing
Compared to public markets, private markets have less transparency and offer less liquidity
Regulated rates of return can provide a margin of safety to investors
Lawyers for firm's founder seek adjournment amid unpaid legal bills
Prescribed rate to dip as inflation eases
Desjardins says the transaction "does not call into question our business relationship with Fiera"
While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime