Peter Lee says CIBC's combined services for HNW clients are a "cross-pollination" that appeals to this affluent group
Most insurance agencies were rated much lower in a bevy of categories this year. Advisors want firms to step up their efforts
Many ratings for Financial Horizons, Freedom 55 and Hub dropped significantly, while Sun Life enjoyed several increases
Oakville, Ont.-based Harvest Portfolios Group Inc. has completed the conversion of its Tech Achievers Growth and Income Fund, a closed-end mutual fund, into an ETF. The new ETF, available in either Canadian and U.S. dollars, invests in a portfolio of 20 equally weighted large-cap technology issuers listed on a North American stock exchange that specialize […]
WisdomTree Asset Management Canada Inc., based in Toronto, has launched two new “smart beta” ETFs, bringing the firm’s total Canadian complement to eight. WisdomTree Yield Enhanced Canada Aggregate Bond Index ETF provides unitholders with income potential by tracking the price and yield performance of the Bloomberg Barclays Canadian aggregate enhanced yield index. This index is […]
Toronto-based RBC Global Asset Management Inc. is bringing together its socially responsible investing (SRI) funds to create a new suite of mutual funds called RBC Vision Funds. The move involves the grouping and renaming of a Phillips Hager & North SRI fund with RBC Jantzi funds to create a single, cohesive SRI product shelf. As […]
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 […]
The firm has announced a change in portfolio managers as well as the merger of some of its funds
Invesco Emerging Markets Debt Fund will merge with Invesco Global Bond Fund