Plus, firms announce fund fee reductions, sub-advisor changes and more
B.C. court finds plaintiffs furnished evidence of potential closet indexing
Class action brought on behalf of full-service clients with funds that paid trailers
Plus, CIBC introduces education portfolios; Harvest terminates mutual funds
Plus, a new fund from Starlight Apartments; other firms make fund changes
Flows into low-cost vehicles far outpaced mutual funds over the past decade: Morningstar
Plus, new offerings from Empire Life, Purpose, BMO, Ninepoint; multiple fund changes announced
Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages
B.C court gives plaintiff another chance to clarify proposed claim
Proposed class action claims that improper fees hurt investors' returns