Purpose is first in Canada with single-stock ETFs, while CIBC launched new Canadian depositary receipts
The planned fund merger will take place on June 25
If approved, the merger will take place on or about March 27
Investors will benefit from lower management fee
The fee for Exemplar Growth and Income Fund will be reduced Oct. 1
The ETF new series is an additional access point to Arrow’s Exemplar Growth and Income Fund
Units of the ETF that provide additional access to Exemplar Investment Grade Fund began trading on the TSX on Friday
The changes will take effect in January
The fund will be actively managed by Veronika Hirsch, Mike MacBain and Mike Swan
Risk rating lowered