Both mutual funds, ETFs had net redemptions in January, IFIC reports
The $12.6 billion held in these ETFs represented only 3.7% of Canadian assets as of January
The firm also introduced a new inflation-focused mutual fund
Portfolio managers warn that economic optimism could be inflating equities valuations
Equity ETFs drove first-half sales, while mutual funds rose thanks to money market funds
The Canadian equities market began the year on a strong note before the coronavirus pandemic led to a dramatic decline in stock prices
The firm is making a variety of small changes to three of its mutual funds
The asset-management firm has decided that it’s no longer feasible to continue the fund following this year’s annual redemption of its units
Investors will face some of the same problems they did in 2012 - anemic U.S. growth and weakness in Europe
John Wilson to serve as lead manager on equity fund, balanced fund