Toronto-based BlackRock Asset Management Canada Ltd. has lowered the fees of two iShares ETFs. The annual management fees of iShares Core S&P U.S. Total Market Index ETF and its Canadian dollar-hedged equivalent now are 0.07%, down from 0.10%. These ETFs now are the lowest-cost ETFs that give investors access to the Dow Jones U.S. total […]
Toronto-based Horizons ETFs Management (Canada) Inc. has introduced an exchange-traded fund (ETF) with exposure to Hong Kong-listed securities. Horizons China High Dividend Yield Index ETF provides investors with access to the Hang Seng high divided yield index, which follows the performance of 50 of the highest dividend-yielding equities securities, including real estate investment trusts, listed […]
One puzzling finding of the research is that many clients do not believe that they are paying for their advisors' services
Prince Edward island: Lobsters, potatoes and pharmaceuticals will benefit from a lower C$ and increased world demand, mostly from the U.S.
ModernAdvisor, which is now available to investors after a three-month beta program, intends to appeal to environmentally-conscious younger clients
Integration between existing financial institutions and upstarts appears to be underway, panel suggests
Clients who grant BMO advisors access will be able to have their SmartFolio accounts monitored and build relationship with the advisors
Proposed changes by Toronto-based AGF Investments Inc. would see eight funds merge later this year. AGF has proposed the mergers of: AGF Global Value Class Fund with AGF Global Equity Class; AGF Global Value Fund with AGF Global Equity Fund; and AGF International Stock Class with AGF Global Equity Class. As well, the fund firm […]
Toronto-based Vanguard Investments Canada Inc. has launched Vanguard FTSE Developed All Cap ex-North America Index ETF and Vanguard FTSE Developed All Cap ex-North American Index ETF (CAD-hedged). These ETFs provide investors with exposure to developed markets outside Canada and the U.S. and follow all-capitalization benchmarks that include large-, mid- and small-cap stocks. The new ETFs […]
Rick Weed, senior vice president, investment management, with Toronto-based Mackenzie Financial Corp., and his systematic strategies team have three more mutual funds to manage: Mackenzie Global Small Cap Growth Fund, Mackenzie Global Small Cap Growth Class and Mackenzie Growth Fund. Weed and his team replace Chuck Bastyr (formerly vice president and portfolio manager with Mackenzie, […]