Cuts to two funds follow reductions in management fees of underlying PowerShares ETFs
Manager eliminating performance fees
THERE IS A CLASH OF TITANS underway that is benefiting both financial advisors and their clients. The new Canadian division of Vanguard Group Inc., with more than US$2 trillion in assets under management (AUM), is challenging the Canadian subsidiary of BlackRock Inc., which handles more than US$3.5 trillion in AUM, in the fast-growing exchange-traded fund […]
Paper will examine whether regulatory measures are necessary to ensure that investors are being treated fairly
New advisor and investment strategy for IA Clarington American Fund; changes to Target Click Funds
Foreign competition, or tighter regulation, would boosts investor returns
Lower management fees, commission changes, and new funds announced
Securityholders also approve changes to fund line-up
Pricing model offers substantial fee savings
Lower costs fuelling popularity of exchange-traded funds; Vanguard expects to add to its Canadian ETF lineup before year end