Toronto-based BMO Investments Inc. has announced changes to a number of its mutual funds. BMO Asset Management Inc. (BMOAM) will replace both New York-based Lazard Asset Management (Canada) Inc., the current portfolio manager of BMO Global Absolute Return Fund, and Montreal-based Global Alpha Capital Management Ltd., the current portfolio manager of BMO Global Small Cap […]
Toronto-based FT Portfolios Canada Co., an affiliate of Chicago-based First Trust Portfolios LP, has launched its first set of fundamentally weighted dividend exchange-traded funds (ETFs). First Trust AlphaDEX Canadian Dividend Plus ETF will invest primarily in a portfolio of higher-yielding Canadian dividend-paying stocks. First Trust AlphaDEX U.S. Dividend Plus ETF (hedged into Canadian dollars) will […]
Toronto-based Manulife Mutual Funds has given Roberto Sanchez-Dahl, managing director and senior portfolio manager, and Paolo Valle, managing director and senior portfolio manager, both with Manulife Asset Management, the portfolio-management responsibilities for Manulife Emerging Markets Debt Fund. The fixed-income portion of Manulife Emerging Markets Balanced Fund also will be managed by this new team, which […]
Product Watch
Product Watch
Montreal-based National Bank Securities Inc., manager of the Meritage portfolios, has announced a change in the risk ratings of Meritage Moderate Income Portfolio, Meritage Canadian Equity Class Portfolio and Meritage Canadian Equity Portfolio. The level of risk attributed to Meritage Moderate Income Portfolio has thus been lowered to “low” from “low to medium,” while the […]
Toronto-based Franklin Templeton Investments Corp. has launched Franklin U.S. Rising Dividends Hedged Corporate Class Fund, which seeks to achieve long-term capital appreciation by investing substantially all of its assets in units of Franklin U.S. Rising Dividends Fund, a portfolio of U.S. equities with a focus on companies that have paid consistent and increasing dividends. The […]
Toronto-based BlackRock Asset Management Canada Ltd., a wholly owned subsidiary of BlackRock Inc., has announced management fee changes for iShares S&P 500 Index Fund (Canadian dollar-hedged) and iShares MSCI All World Index Fund. These changes are the result of fee changes announced earlier by BlackRock Inc. to iShares S&P 500 Index Fund, the underlying fund […]