Brian Porter takes over from Rick Waugh
Toronto-based BlackRock Asset Management Canada Ltd., an indirect, wholly owned subsidiary of U.S.-based BlackRock Inc., has launched a suite of seven balanced mutual funds – collectively known as the BlackRock Strategic Portfolio Series – that invest mainly in iShares ETFs. Leveraging the firm’s iShares ETF platform, the new fund series is designed to provide both […]
Dynamic Funds, managed by Toronto-based GCIC Ltd., has added a new fund to its family: Dynamic U.S. Value Balanced Fund. Cecilia Mo, vice president and portfolio manager at Dynamic, will be responsible for managing the fund’s equity component, while Marc-André Gaudreau, vice president and portfolio manager at Dynamic, will manage the fixed-income allocation. The fund […]
Toronto-based Purpose Investments Inc. has introduced Purpose High Interest Savings ETF, one of the first high- interest savings exchanged-traded funds (ETFs) in Canada. The ETF will provide investors with greater yield than traditional money market funds by seeking to maximize monthly income while preserving capital and liquidity. It will invest the majority of its assets […]
Toronto-based Horizons ETFs Management (Canada) Inc. and its affiliate, AlphaPro Management Inc., have expanded their product shelf with the addition of Horizons Active Floating Rate Preferred Share ETF. This new fund provides Canadian investors with the opportunity to gain floating-rate exposure from North American preferred shares through an ETF. The ETF seeks to generate income […]
Financial Literacy Action Group has recommendations for Canada’s Financial Literacy Leader
Clients should review recent changes to dividend tax rules to maximize returns, says BMO
Global Private Banking Awards recognize excellence in wealth management
Canadian equities are expected to pull back slightly over the remainder of the year
Firm reports strong momentum in retail business