Market value of all securities sold short must not exceed 10% of the total net assets of a fund on a daily marked-to-market basis
CI Funds announced today that it has changed its name to CI Investments.“Over the past four decades, CI has grown into a leading investment management firm and today we manage about $50 billion on behalf of two million Canadian investors,” says Peter Anderson, CI president and CEO.“The new name is a better reflection of our […]
Fund company establishes IRC
New plan would lower costs and increase transparency for investors
Clarica brand name to disappear from funds
Many independents struggling, CI Fund CEO says
Holland says company ready for sizable acquisitions
Canadian balanced, dividend and income trust funds top best-seller list. That may change as interest rates rise
In the month or so since the federal budget proposed removing the 30% foreign-content restrictions on Canadian pensions and registered plans, some companies have moved quickly to adapt to the expected new environment. In these cases, companies have eliminated or absorbed the higher management fees that clones charge, or have started to dismantle the clones’ […]
TD, RBC, BMO dominated fund sales during RRSP season