Toronto-based IA Clarington Investments Inc. has launched a fund for environmentally conscious investors. IA Clarington Inhance Bond SRI Fund invests in government and corporate debt, as well as in preferred shares that meet socially responsible investing (SRI) criteria. The fund will be subadvised by Vancouver-based Vancity Investment Management Ltd. using its in-house investment-management process, which […]
Toronto-based Invesco Canada Ltd. intends to launch two new ETFs later this year. Invesco Canada has filed a preliminary prospectus to launch PowerShares S&P 500 High Dividend Low Volatility Index ETF and PowerShares S&P Global ex-Canada High Dividend Low Volatility Index ETF. Invesco Canada also plans to add two new series of its PowerShares DWA […]
The U.S. launch marks the Toronto-based robo-advisor’s first expansion outside of Canada
Connected Advisor, will use similar technology to robo-advisors to automate tasks that will help advisors manage their businesses more efficiently
Portag3 Ventures LP, another VC fund, is one of the backers in the project and Paul Desmarais III of Power Financial serves as both VC funds’ chairman
Leede Jones Gable expects to continue to add to its footprint, either through more amalgamations or organically
Although Canada's equities market faces some challenges, portfolio managers are optimistic about its prospects for 2017, especially in sectors that are positioned to benefit from a growing U.S. economy
Toronto-based Mackenzie Financial Corp. has reduced the management fees and trailing commissions on several of its Symmetry Portfolios. The changes affect the Series LB, LM and LX units of Symmetry Moderate Growth Portfolio, Symmetry Growth Portfolio, and Symmetry Equity Portfolio. The fees and commissions were reduced by 0.15% or 0.25%. All funds are part of […]
Vancouver-based Qwest Investment Fund Management Ltd. recently announced changes to AlphaDelta Canadian Prosperity Class Fund. The fund’s investment objective has been changed to focus on equities issued by Canadian and foreign companies and, as a result, the fund has been renamed AlphaDelta Canadian Focused Equity Class. As well, the fund now is classed as a […]
Toronto-based Horizons ETFs Management (Canada) Inc. is eliminating all advisor-class units for its Canadian-listed ETFs. Investment advisors no longer will be able to purchase A-class Horizons ETFs as of Jan. 31. The advisor fee option will be phased out completely from Horizons’ product shelf by the end of April 2017. A-class funds currently make up […]