Despite a 9.5% drop in assets, ETFs recorded net sales of $3 billion
Liquidity mismatches, pricing uncertainty driving redemption shutdowns
The CSA doubles short-term borrowing limits to ensure funds can meet redemptions
The mutual fund is designed to offer a tax-efficient yield with downside protection
No asset classes recorded net redemptions for the month
Facility aims to ensure funds can meet increased redemption demands
Clear, consistent terminology and definitions must be established
Fund reps with smaller books are more dependent on DSCs
Fund families benefited last year as markets recovered from a 20% plunge in stock prices in late 2018
An Ontario court certified the class action against TDAM over its funds paying trailers to discount brokers