These changes are effective immediately
The firm has also proposed a new portfolio manager for two funds
CIBC Private Wealth Advisors will assume advisor responsibilities for three funds
Gajan Kulasingam was formerly lead portfolio manager of Sentry Global Infrastructure Fund
The equities component of equity balanced funds have benefited from relatively buoyant markets
More than 75% of Canadian equity fund managers underperformed the S&P/TSX composite last year
The change takes effect in April
Canadian dividend and equity income funds don't always favour go-to sectors
Award-winning research paper suggests subadvisors with a foreign presence are unable to exploit local information
Bond fund portfolio managers view the interest rate environment as one in which the next move is most likely upward