The purchase represents continued expansion as it adds $1.3 billion in AUA to Sterling Mutuals
RBC Global Asset Management Inc. (RBCGAM) of Toronto now offers a corporate-class version of RBC Balanced Growth & Income Fund. Created in 2013, RBC Balanced Growth & Income Fund has more than $900 million in assets under management (AUM). The new corporate-class fund’s diversified global asset mix and range of income solutions is meant to […]
Although advisors are making significant efforts to get ahead in today's challenging environment, their AUM is dropping in value while their firms struggle to deliver in key areas
Toronto-based Fidelity Investments Canada ULC has unveiled two new funds: Fidelity Global Intrinsic Value Class and Fidelity American Balanced Fund. Fidelity Global Intrinsic Value Class is an opportunistic global equities strategy with a particular emphasis on small- and mid-cap stocks. Its goal is to deliver long-term capital growth through a value investment framework. Joel Tillinghast, […]
Lévis, Que.-based Desjardins Funds has launched a family of four strategic-beta mutual funds. Known as the IBrix Funds, these investment funds use both active and passive portfolio management. Managed by Desjardins Global Asset Management Inc., the four new funds are: Desjardins IBrix Canadian High Dividend Equity Fund, Desjardins IBrix Canadian Equity Focus Fund, Desjardins IBrix […]
Certain provinces have been given two more years to create a streamlined process for disabled adults to open an RDSP
About half of the advisors who ply their trade with Canada's mutual fund and full-service dealers have a litany of concerns about the challenges that the implementation of CRM2 could mean for their businesses
Toronto-based Purpose Investments Inc. has launched two international investment funds. Purpose International Dividend Fund invests in high-quality international companies outside of Canada and the U.S. that pay good dividends and show the ability to grow those dividends in future. Purpose International Tactical Hedged Equity Fund employs a rules-based portfolio-selection strategy from a universe of international […]
As CRM2 ramps up, more advisors are offering ETFs and fee-based accounts
Not only do advisors want access to management, they also want their leaders to make changes based on advisors' suggestions