Closed-end corporate bond fund advised by MFC Global Investment Management (Canada)
The O’Leary Global Income Opportunities Fund has successfully issued an additional 725,000 units for total gross proceeds of $110.7 million, O’Leary Funds Management LP announced on Wednesday.The additional units were issued under the over-allotment option in the issue. The fund was created to invest globally, primarily in publicly-traded investment grade corporate bonds, convertible debt securities, […]
The Federation of National Specialty Societies of Canada (FNSSC) and Sprott Asset Management Inc. have formed a strategic relationship, the organizations announced Wednesday.FNSSC and Sprott also announced the upcoming launch of the FNSSC-Multi Manager Fund on April 2. Offered exclusively to all Canadian medical and surgical specialists and their families, the objective of the fund […]
National Bank is launching a new addition to its Omega family of funds, the bank said Tuesday.The strategy of Omega Global Opportunities Fund is based on the research of Minnesota-based TIS Group Inc. The firm owes its reputation to Larry Jeddeloh, its founder and managing director, who has more than 30 years of experience in […]
Sprott Gold Bullion Fund will launch on March 17, Sprott Asset Management said Thursday.The fund’s investment objective is to seek to provide a secure, convenient alternative for investors seeking to hold gold. The fund will invest primarily in unencumbered, fully allocated gold bullion, permitted gold certificates, and/or closed-end funds the underlying interest of which is […]
New alternative to cash for risk-averse investors
New income mandate is flexible in its pursuit of yield
Bond is aimed to take advantage of higher yields that corporate bonds are enjoying over Government bonds
Mackenzie Balanced Fund to merge into Saxon Balanced Fund
Desjardins Funds is launching the new Desjardins Dividend Growth Fund, the fund family announced Monday. The new fund aims to combine tax efficiency with the lesser volatility provided by high dividend stock.According to Desjardins Funds, the goal of the new fund is to generate income and provide capital growth. The composition of its portfolio is […]