Three Franklin Bissett and Templeton mutual funds have completed their proposed mergers, announced in August by Toronto-based Franklin Templeton Investments Corp. Franklin Bissett Strategic Income Fund and Franklin Bissett Strategic Income Corporate Class both were terminated at the end of business on Aug. 12 and merged with Franklin Bissett Monthly Income and Growth Fund. Franklin […]
Toronto-based Quadrus Investment Services Ltd. has launched three low-volatility mutual funds. Global Low Volatility Fund seeks to provide unitholders with long-term capital growth through investments in global equities that are likely to have little sensitivity to broad market movements. The fund may invest up to 100% of its assets under management (AUM) in units of […]
Toronto-based TD Asset Management Inc. (TDAM) has added two currency-neutral funds to its mutual fund lineup. Epoch Global Shareholder Yield Currency Neutral Fund invests in income-producing equities of global companies that potentially could use free cash flow to create shareholder yield through dividends, share repurchases or debt reduction. The fund invests primarily in Epoch Global […]
Two new exchange-traded funds (ETFs) are available now from Toronto-based Horizons ETFs Management (Canada) Inc. and its affiliate, AlphaPro Management Inc. Horizons Global Risk Parity ETF is an actively managed fund subadvised by Toronto-based ReSolve Asset Management Inc. This ETF’s allocation strategy is driven by risk parity theory, which seeks to ensure each asset class […]
Toronto-based NEI Investments LP has proposed the merger of two of its mutual funds. The investment firm plans to merge NEI Northwest Enhanced Yield Equity Corporate Class into NEI Northwest Canadian Dividend Corporate Class. The proposal will be decided at a shareholders meeting on or about Aug. 30. Once the merger is approved, NEI Northwest […]
Toronto-based Vanguard Investments Canada Inc. has launched four actively managed exchange-traded funds (ETFs), representing the company’s first foray into the actively managed ETF business. Vanguard Global Minimum Volatility ETF’s objective is to provide long-term capital appreciation with reduced volatility compared with the global equities market; the ETF seeks to do this by investing in equities […]
BMO Investments Inc. of Toronto has announced several changes – including mergers and fee reductions – to its exchange-traded fund and mutual fund lineups. Regarding the fund mergers, BMO Canadian Low Volatility ETF Class will merge with BMO Global Low Volatility ETF Class on Sept. 23. On the same date, BMO Enhanced Equity Income Fund […]
Toronto-based Mackenzie Financial Corp. has unveiled two mutual funds in partnership with Paris-based TOBAM Core Investments. Both Mackenzie High Diversification Canadian Equity Class Fund and Mackenzie High Diversification U.S. Equity Fund are managed with TOBAM’s investment methodology, which is meant to enhance diversification while simultaneously reducing biases and unmanaged risks in a portfolio. TOBAM selects […]
Independent insurance advisors have high expectations for their managing general agencies (MGAs) regarding support in positioning a product
The insurance channel is going through some changes, and advisors lauded the firms providing the necessities to succeed