The firm has reduced its management fees and operation expenses for 50 mutual funds by up to 35 basis points
Desjardins Emerging Markets Multifactor-Controlled Volatility ETF
Mark Brett, David Daigle, Thomas Høgh and Robert Neithart will each manage a portion of the fund's assets independently
Lower management fees for four funds
Toronto-based TD Asset Management Inc. has launched two global fixed-income mutual funds. TD Global Income Fund invests primarily in corporate fixed-income securities from around the world that have modest exposure to foreign currencies. To find these investments, the fund’s portfolio managers employ a fundamental economic analysis of regions, currencies and interest rates. Advisor commissions are […]
Toronto-based Arrow Capital Management Inc. has launched its first ETF. That ETF is a new component of Arrow’s Exemplar Investment Grade Fund, which is an actively managed fund that invests primarily in investment-grade debt securities of Canadian corporate and government issuers that are rated BBB- or higher. The ETF also may invest in non-investment-grade debt […]
Toronto-based Mackenzie Financial Corp. has added four ETFs to its product lineup. Mackenzie Global Leadership Impact ETF focuses on companies from around the world that promote gender diversity and women’s leadership. New Hampshire-based PAX Ellevate Management LLC will act as this ETF’s subadvisor. Mackenzie Ivy Global Equity ETF invests in a broad range of equities […]
Toronto-based Horizons ETFs Management (Canada) Inc. is taking a close look at the robotics industry with the launch of Horizons Robotics and Automation Index ETF. This ETF is designed to replicate the ROBO global robotics and automation index, which is composed of more than 80 stocks that are focused on the global robotics and automation […]
Toronto-based Fidelity Investments Canada ULC has changed the names and risk ratings of several of its mutual funds. Fidelity ClearPath 2005 Portfolio’s and Fidelity Global Bond Currency Neutral Fund’s risk ratings have been decreased to “low”; the risk rating for Fidelity International Concentrated Equity Fund has dropped to “medium”; and the risk ratings for Fidelity […]
Toronto-based Counsel Portfolio Services Inc. has announced the closure of several funds. Effective immediately, Counsel Canadian Value Class, Counsel Canadian Growth Class and Canadian All Equity Portfolio Class are closed to new sales and switches. As well, Counsel Canadian Conservative Portfolio, Counsel Canadian Balanced Portfolio and Counsel Canadian Growth Portfolio will be terminated effective on […]