Global sales dropped in the first quarter but Canada was an exception, Morningstar reports
Fees and disappointing returns are rarely deal breakers
Debt levels put Canadians at higher risk to interest rates, portfolio manager warns
Changes in the market environment have made the structure less tenable six years after legislation removed a main tax advantage
Asset managers launched low-vol, covered call and low-fee index funds to start the year
Data from Morningstar Direct shows that more than 2,000 U.S. mutual funds closed over the past 10 years
Morningstar and As You Sow said the category could make ESG fund comparisons more difficult for investors
More than three in four Canadian sustainable equity funds underperformed their category peers in Q2
Investors withdrew US$136 billion globally from mutual funds and ETFs in the first half of this year
Asset managers are beefing up proxy voting policies in response, research finds