Toronto-based Excel Funds Management Inc. has proposed two mergers of Excel mutual funds. 1) Pending approval of unitholders at a meeting on March 24, Excel Billionaire Leaders Fund will merge with Excel Blue Chip Equity Fund. 2) As well, Excel Latin America Fund will merge with Excel Emerging Markets Fund. Unitholders of the Billionaire Leaders […]
Hamilton Capital Partners Inc. of Toronto is offering Hamilton Capital Global Financials Yield ETF to investors. This new ETF is designed to offer investors total returns consisting of regular dividend and distribution income with long-term capital appreciation from an actively managed portfolio of financial services companies from around the world. The ETF will consist of […]
Toronto-based BMO Asset Management Inc. has launched four ETFs. BMO Canadian High Dividend Covered-Call ETF is meant to provide investors with access to high dividend-paying Canadian securities along with additional yield gained through a covered-call strategy. BMO U.S. Put Write Hedged to Canada ETF offers investors exposure to a portfolio of put options on U.S. […]
Montreal-based Fiera Capital Corp. has launched Fiera Capital International Equity Fund. This fund invests in the securities issued by global established companies, although holdings will generally exclude North American firms. The fund’s portfolio manager is Fiera’s global equities team, led by Nadim Rizk, senior vice president. Advisor commissions are 0%-5% for front-end sales or 2.5% […]
VirtualWealth gives 150 financial services institutions partnered with Qtrade the ability to offer clients an automated digital wealth-management platform
Wealthsimple facing powerful competition in the U.S.
Dan Egan, of U.S. robo-advisor Betterment, discusses the future of investing
As robo-advisors become more popular, a new model - in which human advisors interact with clients while the digital platform manages asset allocation - is emerging in the U.S. and Canada
Toronto-based Mackenzie Financial Corp. has launched an ETF and a mutual fund focusing on emerging markets. Both funds will be managed by TOBAM, an employee-owned, Paris-based asset-management firm. Mackenzie Maximum Diversification Emerging Markets Index ETF looks to replicate the performance of TOBAM maximum diversification emerging markets index. Mackenzie High Diversification Emerging Markets Equity Fund, meanwhile, […]
Dynamic Funds and BlackRock Asset Management Canada Ltd. (both companies are based in Toronto) have jointly launched a suite of five ETFs. Dynamic iShares Active Preferred Shares ETF invests in the preferred shares of Canadian-based businesses. Dynamic iShares Active Crossover Bond ETF is meant to provide interest income and potential long-term capital growth through investments […]