Toronto-based Questrade Wealth Management Inc. has reduced management fees on six of its ETFs. Questrade Russell 1000 Equal Weight U.S. Technology Index ETF Hedged to CAD, Questrade Russell 1000 Equal Weight U.S. Industrials Index ETF Hedged to CAD, Questrade Russell 1000 Equal Weight U.S. Health Care Index ETF Hedged to CAD and Questrade Russell 1000 […]
Toronto-based First Asset Investment Management Inc.’s product shelf is a little bit broader now with the recent launch of three new ETFs. First Asset U.S. Equity Multi-Factor Index ETF consists of a portfolio of high-quality U.S. equities with low sensitivity to market fluctuations, as well as low price/earnings and price/book characteristics. First Asset Canadian Dividend […]
A mutual fund focused on silver bullion now is available from Toronto-based Bullion Management Group Inc. (BMG). BMG Silver BullionFund invests exclusively in silver bullion and is meant for investors looking to diversify their precious metals investments. The fund is priced at net asset value and thus does not have the liquidity issues associated with […]
Toronto-based Purpose Investments Inc. has launched two income-generating investments that are available as mutual funds and ETFs. Purpose Conservative Income Fund is meant for investors looking for a risk-managed strategy that provides a moderate level of income with modest capital appreciation, all while managing market volatility and downside risk. This fund uses an equities-based, option-collar […]
Toronto-based Mackenzie Financial Corp. has added four corporate-class mutual funds to its lineup. Mackenzie Canadian Growth Class focuses on companies that are market leaders, but typically are not household names. Mackenzie Canadian Growth Balanced Class looks to deliver long-term growth of capital through investments in high-quality companies along with a fixed-income component. Mackenzie Ivy Canadian […]
Toronto-based Horizons ETFs Management (Canada) Inc. has launched an exchange-traded fund (ETF) for investors looking for exposure to the Canadian dollar (C$). Horizons Canadian Dollar Currency ETF provides unitholders with long exposure to the C$ relative to the U.S. dollar (US$). For example, when the C$ appreciates relative to the US$ in terms of the […]
Three new funds offered by Toronto-based RBC Global Asset Management Inc. seek to offer unitholders long-term capital growth while minimizing exposure to currency fluctuations through the use of derivatives. RBC U.S. Dividend Currency Neutral Fund invests primarily in common and preferred shares of U.S.-based companies with higher than average dividend yields. RBC QUBE Low Volatility […]
Lévis, Que.-based Desjardins Group has launched three mutual funds focused on socially responsible investing (SRI). Two of these funds, Desjardins SocieTerra Environmental Bond Fund and Desjardins SocieTerra Cleantech Fund, are both the first of their kind in Canada, according to Desjardins. For example, the former fund invests in environment bonds issued by governments and corporations […]
Toronto-based Invesco Canada Ltd. recently launched two income-focused mutual funds. Invesco Global Bond Fund is an actively managed, global fixed-income strategy focused on delivering income and growth. The Invesco fund invests primarily in investment-grade debt securities of governments, corporations and other global issuers. At least 75% of the portfolio is allocated to investment-grade bonds, and […]