Repurchase offer extended to 2,200 U.S. retail brokerage clients
Invest time before investing money, CSA urges investors
Cause under investigation as trading resumes
Altamira Investment Services Inc. today announced a couple of changes to its Meritage Portfolios.Within the portfolios, Fidelity Canadian Opportunities Fund will be replaced by Fidelity Canadian Disciplined Equity Fund. As well, Altamira says a “strategic optimization of the fixed-income allocation will be implemented, in order to increase the potential returns of this portion while reducing […]
Starts down 5.7% year-to-date
Move aimed at reducing regulatory costs
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Royal Bank of Canada Insurance Company Ltd. The outlook for both ratings is stable. Barbados-based RBC Insurance Co. is primarily a life reinsurance company, which is ultimately owned by Toronto-based Royal Bank of Canada. RBC Insurance […]
Northern Precious Metals 2008 LP has entered into a transfer agreement with JovFunds ManagementInc. and Jov Corporate Funds Ltd.Under the terms of the agreement, limited partners of the partnership will be able to transfer their partnership interest for shares of Jov Corporate Funds Ltd. The transfer will occur no later than July 1, 2010 and […]
UK announces banking rescue plan
Mavrix Fund Management Inc. today announced the initial closing of the sale of limited partnership units of Mavrix Explore 2008-II FT Limited Partnership. The sale raised gross proceeds of $6.45 million. Mavrix, the manager and portfolio advisor of the LP, says the LP will invest in a diversified portfolio of flow-through shares issued primarily by […]