Online brokerage failed to detect potential artificial bid prices
Remind clients of the benefits of contributing to RESPs
Approval broaden mortgage lender’s sources of liquidity
How advisors rated their firms
The new plans for a national system of securities regulation can be effective and are needed to fill the current void
Toronto-based NEI Investments, jointly owned by Northwest & Ethical Investments LP and Desjardins Group, has merged and altered the investment objectives of several of its mutual funds. NEI Ethical Growth Fund is slated to merge with NEI Ethical Canadian Dividend Fund on May 24; Calgary-based subadvisor QV Investors Inc. will manage the merged fund. NEI […]
Toronto-based Horizons ETFs Management (Canada) Inc. will terminate Horizons Active North American Growth ETF effective at the close of business on June 28. No further direct subscriptions for units will be accepted, and June 24 is expected to be the last date for a redemption request. In addition, units of Horizons BetaPro S&P/TSX Global Gold […]
Toronto-based Mackenzie Financial Corp. has added two new funds to its lineup: Mackenzie Strategic Bond Fund and Mackenzie Floating Rate Income Fund. Mackenzie Strategic Bond Fund seeks to provide a steady flow of income by investing primarily in Canadian government and corporate fixed-income instruments and asset-backed securities with maturities of more than one year. Mackenzie […]
Toronto-based GCIC Ltd., manager of Dynamic Funds, has launched Dynamic U.S. Dividend Advantage Fund. This new fund seeks to provide income and long-term capital appreciation by investing primarily in U.S. equity securities that pay a dividend or distribution. Cecilia Mo, vice president and portfolio manager with GCIC, will manage the fund. Advisor commissions are 0%-5% […]