The portfolios invest in mutual funds and ETFs
Firm will continue to offer other series of funds
Changes took effect Aug. 2
Fixed income ETFs accounted for 83% of inflows
The institute made the case in a submission to the House of Commons finance committee
The new mutual fund invests in the CI First Asset ETF launched in June
Ratings have been lowered for two Renaissance Investments funds
Bond funds saw big sales, while money flowed out of equity funds
OBSI finds seniors complain the most about mutual funds, disclosure issues
Ratings have been lowered for six funds