Montreal-based National Bank Investments Inc. has changed portfolio managers for National Bank Global Diversified Equity Fund. As of September, Montreal-based National Bank Trust Inc. will replace Toronto-based Fidelity Investments Canada ULC as the fund’s portfolio manager. The fund is meant to provide unitholders with long-term capital growth by investing directly in the equities of companies […]
Toronto-based First Asset Management Inc. has launched First Asset U.S. TrendLeaders Index ETF. This ETF is designed to follow the performance of the CIBC U.S. TrendLeaders index. That index consists of a portfolio of U.S. equities selected by a proprietary rules-based model created by Toronto-based CIBC World Markets Inc. To qualify for inclusion in the […]
Toronto-based First Asset Investment Management Inc. has named Signature Global Asset Management, a unit of CI Investments Inc., as the portfolio manager for First Asset Hamilton Capital European ETF. For full details, visit www.firstasset.com. (fcollie@investmentexecutive.com). © 2017 Investment Executive. All rights reserved.
Toronto-based Horizons ETFs Management (Canada) Inc. has launched a new ETF focused on Europe-based companies. In what Horizons is hailing as a “Canadian first,” Horizons EURO STOXX 50 Index ETF seeks to replicate the EURO STOXX 50 futures roll index (total return). The index includes stocks of companies in 19 European Union countries that have […]
A new mutual fund from Toronto-based RBC Global Asset Management Inc. seeks to take advantage of market trends. RBC Trend Canadian Equity Fund follows the investment thesis that recent trends in securities prices tend to continue for a period of time. The fund uses a tactical approach in asset allocation and has the flexibility to […]
Two new portfolios from Toronto-based Fidelity Investments Canada ULC are meant to help investors weather market volatility and low interest rates. Fidelity Conservative Managed Risk Portfolio is a multiple asset class product for retired and soon-to-retire investors. This portfolio is meant to mitigate investors’ exposure to market volatility while providing some equities exposure for potential […]
Toronto-based Franklin Templeton Investments Corp. recently launched Franklin Quotential Fixed Income Portfolio. This portfolio offers investors an actively managed mix of domestic and foreign fixed-income securities. The portfolio invests primarily in mutual funds and ETFs, although adjustments to asset allocations and currency exposures will be made to capitalize on short-term opportunities and to manage risk […]
Oakville, Ont.-based Harvest Portfolios Group Inc. has converted four closed-end mutual funds into ETFs. Brand Leaders Plus Income ETF (formerly Brand Leaders Plus Income Fund) invests in an equal-weighted portfolio of 20 brand leaders selected from an annual report by New York-based Interbrand on the world’s top 100 brands that have a minimum market capitalization […]
Montreal-based Desjardins Investments Inc. has announced changes to its Chorus II Portfolios. The funds’ investment strategies now will include volatility-reduction criteria to determine what percentage of the portfolios’ assets will be invested in a particular security. The fundamental investment objective for each fund remains unchanged. New York-based Lazard Asset Management LLC will act as an […]
Toronto-based CI Investments Inc. has made changes in portfolio management for its G5/20 fund series. Montreal-based Fiera Capital Corp. has taken over the series’ portfolio subadvisory responsibilities, previously the responsibility of Montreal-based HR Stratégies Inc. (HRS). The decision follows changes to HRS’s business model, which saw its risk-management overlay managers move to Fiera. As a […]