Toronto-based Morningstar Associates Inc. and Bridgehouse Asset Managers, the Canadian arm of California-based Brandes Investment Partners LP, have launched their first joint mutual fund. The firms formed a partnership in August 2016 to develop core investment products. Morningstar Strategic Canadian Equity Fund is a strategic beta fund that aims to provide unitholders with long-term returns […]
Toronto-based FT Portfolios Canada Co. has unveiled First Trust Dorsey Wright Dynamic U.S. Sector Rotation Index ETF (C$-hedged). This ETF seeks to replicate the performance of the Dorsey Wright U.S. sector focus five index and generally will hedge its U.S.-dollar exposure to the Canadian dollar. The index uses a rules-based strategy to construct a portfolio […]
Toronto-based NEI Investments’ newest mutual fund is looking for investment opportunities created by aging populations around the globe. NEI Generational Leaders Fund invests in equities of companies that are poised to benefit from the growing cohort of elderly people. These companies – parts of “generational” markets – are focused on wealth management, longevity, lifestyle and […]
Toronto-based Vanguard Investments Canada Inc. has launched two currency-hedged exchange-traded funds (ETFs). Vanguard FTSE Developed Asia Pacific All Cap Index ETF tracks the performance of the Asia-Pacific equity index, which is focused on developed Asia-Pacific markets. Vanguard FTSE Developed Europe All Cap Index ETF focuses on a broad European equity index that’s composed of developed […]
Securefact’s new SIDni ID verification tool meets FINTRAC’s updated guidelines for customer-not-present ID verification
The Ontario regulator has laid the hammer down on Tier 1 Transaction Advisory Services, Tier 1 Mortgage and First Commonwealth Mortgage for various infractions
Tomei joins HSBC Bank Canada from CIBC, at which he held several executive roles during his 22 years with that bank, including overseeing its financial advisors
Toronto-based BlackRock Asset Management Canada Ltd. is moving five of its ETFs to the Toronto-based Aequitas NEO Exchange from the Toronto Stock Exchange. The common and advisor-class units of iShares International Fundamental Index ETF, iShares Japan Fundamental Index ETF (CAD-hedged), iShares U.S. Fundamental Index ETF, iShares Emerging Markets Fundamental Index ETF and iShares Canadian Fundamental […]
Toronto-based RBC Global Asset Management Inc. (RBCGAM) added four funds to its ETF lineup with the launch of four ETFs. RBC Canadian Preferred Share ETF is an actively managed ETF that offers unitholders regular dividend income through investments in “rate reset” preferred shares issued by Canadian companies. RBC Quant Global Infrastructure Leaders ETF provides unitholders […]