Toronto-based Vanguard Investments Canada Inc. has launched five new Canada-domiciled, exchange-traded funds (ETFs) – three equity and two bond ETFs. The new ETFs are Vanguard FTSE All-World ex-Canada Index ETF, Vanguard FTSE Developed Asia Pacific Index ETF, Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged), Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) and Vanguard FTSE […]
Insurance advisors surveyed for this year’s Insurance Advisors’ Report Card have higher expectations regarding the support they receive from their firms for using mobile technology because of the increasing role it plays in their individual practices. “We are in a mobile world,” says an advisor in Ontario with Waterloo, Ont.-based Sun Life Financial (Canada) Inc. […]
Montreal-based Standard Life Mutual Funds is terminating two equity funds while launching two emerging-markets funds. Standard Life Canadian Equity Focus Fund and Standard Life U.S. Equity Focus Fund will close, effective July 31. Existing unitholders of these two funds have the option to redeem or switch their investments to any Standard Life mutual fund before […]
The under 45-year-old crowd employ smartphones and tablets more than their older colleagues
Toronto-based CIBC Asset Management Inc. has added three subadvisors to its fund family. Kansas City, Mo.-based American Century Investment Management Inc. has been appointed as a subadvisor for the foreign securities portion of CIBC Monthly Income Fund and Renaissance Canadian Monthly Income Fund. In August 2011, CIBC acquired a 41% minority ownership position in American […]
Advisors in the brokerage and mutual fund channels have been slower to adopt the new technologies
Advisors at all the banks and credit unions in the survey are happier. Many firms garnered major ratings increases
All firms saw their ratings in this category rise after most increased their digital offerings
Toronto-based NexGen Financial Ltd. Partnership has completed the merger of four funds: NexGen North American Growth Registered Fund has merged with NexGen U.S. Growth Registered Fund; NexGen North American Growth Tax Managed Fund has merged with NexGen U.S. Growth Tax Managed Fund; NexGen North American Small/Mid Cap Registered Fund has merged with NexGen U.S. Growth […]
Toronto-based Fidelity Investments Canada ULC has expanded its product offering with the launch of Fidelity NorthStar Balanced Fund and Fidelity Tactical High Income Fund. Fidelity NorthStar Balanced Fund offers investors the potential for long-term capital growth by investing in a mix of equities securities and fixed-income asset classes from around the world. Fidelity Tactical High […]