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 […]
Some robo-advisors are adding platforms and partnerships to make offering ETFs to clients much easier for mutual fund advisors
After 25 years with an insurance giant, Michael Stanley now oversees day-to-day operations at Sterling Mutuals
Toronto-based Horizons ETFs Management (Canada) Inc. recently launched two more ETFs. Horizons Inovestor Canadian Equity Index ETF follows the Nasdaq Inovestor Canada index. That index is composed of 25 equal-weighted, large-cap companies listed in Canada. These companies’ high-quality stocks trade at a reasonable price and rank among the best of their peers – according to […]
Toronto-based Sun Life Global Investments (Canada) Inc. has named a new subadvisor for its infrastructure mutual fund. Until further notice, Toronto-based State Street Global Markets Canada Inc. will act as the interim subadvisor for Sun Life Sentry Infrastructure Fund. Sun Life decided to change the fund’s subadvisor following CI Financial Corp.’s acquisition of Sentry Investments […]
Toronto-based CI Investments Inc. has received unitholder approval to merge six mutual funds into other CI mutual funds. The announced mergers are: CI Global Managers Corporate Class will merge with Select 100e Managed Portfolio Corporate Class; CI International Corporate Class will fold into CI International Value Corporate Class; CI International Fund will merge with CI […]
Toronto-based Fidelity Investments Canada ULC recently launched Fidelity Global Innovators Class. This mutual fund invests in innovative and disruptive companies around the world and across the market-cap spectrum. The mutual fund does this by investing in Fidelity Global Innovators Investment Trust, which seeks companies that are positioned to benefit from innovative and emerging technology or […]