Four new ETFs are available from Toronto-based First Asset Investment Management Inc. Both First Asset Cambridge Core Canadian Equity ETF and First Asset Cambridge Core U.S. Equity ETF are actively managed and invest in equities and equities-related securities of large- and mid-cap issuers in Canada and the U.S., respectively. Toronto-based Cambridge Global Asset Management, an […]
Toronto-based Horizons ETFs Management (Canada) Inc. has launched two currency-hedged exchange-traded funds (ETFs). Horizons S&P 500 CAD Hedged Index ETF is designed to replicate, as much as possible, the S&P CAD-hedged index (total return), net of expenses. That index measures the performance of the large-cap segment of the U.S. equities market hedged to the Canadian […]
Glidepath differs from its competitors in that the firm’s platform is designed only for financial planners and it has no direct-to-consumer component
However much volatility is expected in global stocks as a result of several major events in the U.S. and in Europe in the coming months, a Russell report predicts
Toronto-based IA Clarington Investments Inc. has launched three new mutual funds: Forstrong Global Strategist Income Fund, Forstrong Global Strategist Growth Fund and Forstrong Global Strategist Balanced Fund. All three funds are actively managed and seek to provide investors with exposure to global regions, including developing markets, as a means of mitigating possible home bias in […]
Toronto-based Mackenzie Financial Corp. has expanded its suite of products with the launch of three “smart beta” exchange-traded funds (ETFs) and three mutual funds. The three ETFs are Mackenzie Maximum Diversification All World Developed Index ETF, Mackenzie Maximum Diversification All World Developed ex-North America Index ETF and Mackenzie Maximum Diversification Developed Europe Index ETF. The […]
First Asset Investment Management Inc. has converted Marret Investment Grade Bond Fund, a mutual fund, into First Asset Investment Grade Bond ETF, an actively managed bond ETF. The ETF’s objective is to provide unitholders with monthly cash distributions and to maximize total returns while reducing risk and preserving capital. The ETF will invest primarily in […]
Toronto-based Northwest & Ethical Investments LP has announced the merger of two of its mutual funds. NEI Northwest Enhanced Yield Equity Corporate Class fund has been terminated and its assets merged with NEI Northwest Canadian Dividend Corporate Class. The continuing fund invests primarily in NEI Northwest Canadian Dividend Fund, which is focused on blue-chip Canadian […]
The Montreal-based firm is looking to leverage the purchase of London, U.K.-based Charlemagne “to become a truly global asset manager”
Clients want low-cost, passive investments and returns of 9.3% above inflation while advisors, who prefer actively managed products, say 4.8% is more realistic