There's much debate about how robo-advisors will impact the traditional financial services sector
Toronto-based Invesco Canada Ltd. recently launched two income-focused mutual funds. Invesco Global Bond Fund is an actively managed, global fixed-income strategy focused on delivering income and growth. The Invesco fund invests primarily in investment-grade debt securities of governments, corporations and other global issuers. At least 75% of the portfolio is allocated to investment-grade bonds, and […]
Toronto-based Horizons ETFs Management (Canada) Inc. has launched an exchange-traded fund (ETF) for investors looking for exposure to the Canadian dollar (C$). Horizons Canadian Dollar Currency ETF provides unitholders with long exposure to the C$ relative to the U.S. dollar (US$). For example, when the C$ appreciates relative to the US$ in terms of the […]
Three new funds offered by Toronto-based RBC Global Asset Management Inc. seek to offer unitholders long-term capital growth while minimizing exposure to currency fluctuations through the use of derivatives. RBC U.S. Dividend Currency Neutral Fund invests primarily in common and preferred shares of U.S.-based companies with higher than average dividend yields. RBC QUBE Low Volatility […]
Lévis, Que.-based Desjardins Group has launched three mutual funds focused on socially responsible investing (SRI). Two of these funds, Desjardins SocieTerra Environmental Bond Fund and Desjardins SocieTerra Cleantech Fund, are both the first of their kind in Canada, according to Desjardins. For example, the former fund invests in environment bonds issued by governments and corporations […]
A new Department of Labor rule coming into effect means robo-advisors may not meet the obligations because of the online onboarding process they employ
One recommendation is that firms should look to partner with fintech companies already in the market that can help them to catch up to today’s technology
Two of the three — Desjardins SocieTerra Environmental Bond Fund and Desjardins SocieTerra Cleantech Fund — are Canadian firsts, according to the firm
Toronto-based IA Clarington Investments Inc. now offers a managed-asset program made up of five portfolios using a fund-of-funds structure. These portfolios are: IA Clarington Conservative Portfolio, IA Clarington Moderate Portfolio, IA Clarington Balanced Portfolio, IA Clarington Growth Portfolio and IA Clarington Maximum Growth Portfolio. Each portfolio is actively managed and broadly diversified in nature. Clément […]
Toronto-based BMO Investments Inc. has launched an impact-investing fund – a first for a Canadian bank. BMO Women in Leadership Fund invests in North American companies headed by female CEOs or with boards of directors with at least 25% female representation. BMO also took the wraps off another socially responsible investing fund – BMO Fossil […]