The system could reduce the overall global cost of fund distribution by as much as US$4.2 billion
“Monthly-fixed” policy will apply to five portfolios
Long gone are the days when mutual funds and ETFs were two solitudes. Having both products has proven to be a winning strategy
The company is tweaking the investment objectives of SocieTerra Growth Portfolio and Desjardins Quebec Balanced Fund
Technology also played a critical role in the proliferation of products such as ETFs during the past 10 years
Although small-cap stocks have underperformed this year, they have beaten the broader market over 10 years
Long-term funds recorded net redemptions of $4 billion
The projections for mutual fund returns in the next several years are modest at best
The company is adding a currency management strategy to Franklin High Income Fund
The changes take effect Jan. 1, 2019