Mutual fund firms face obstacles in offering ETFs
The firm joins Mandeville among the first mutual fund dealers to provide advisors with products typically accessible only through securities dealers
Duane Green, the firm’s managing director, Canada, will take over from Reed early next year
Mutual Fund Manager of the Year: Marc Lecavalier on top with National Bank Quebec Growth Fund
The firm is also consolidating various series available to high net-worth clients due to duplication resulting from the fee changes
Private debt could provide equities-like returns
Retirees with comfortable nest eggs held outside of registered funds may want to consider setting up a systemic withdrawal plan, which allows the client to establish the withdrawal rate that is optimal for his or her needs without taking out too much
Playing the low-rate gameThe irony for many disciplined savers is that after a lifetime of nurturing their nest eggs, they may find spending in retirement and watching their savings dwindle as they age very difficult. You can help allay worries about making the money last
The newly appointed CEO of Mackenzie Investments plans to use global strategies and product innovations to provide more options for retail clients
Investors will no longer be able to switch from one fund to another within these structures without potential tax liability, but tax strategies such as income withdrawals at lower rates will remain viable