Toronto-based Saxon Mutual Funds plans to offer F-class units for the growing fee-based channel. “We want to go after the fee-based part of the market because that is the high end of the market,” says Mary Savona, Saxon’s vice president of marketing and sales in Toronto. All of Saxon’s nine funds will be available in […]
Toronto-based Front Street Capital closed Front Street Special Opportunities Canadian Fund Ltd. to new purchases, effective March 31. The firm says the fund has reached its capacity in terms of the amount of money that can be effectively managed while maintaining its investment objectives and strategies. The closure applies to A-, B- and F-class shares. […]
Toronto-based Guardian Group of Funds Ltd. introduced two new funds: GGOF Small-Cap Growth and Income Fund, designed for income-oriented investors, and GGOF Global Diversified Fund, aimed at investors who want to generate income and protect against inflation. The small-cap fund invests in Canadian equities, income trusts and equity-related securities issued by companies with small to […]
SciVest Alternative Strategies Inc. launched five new funds aimed at investors looking for risk-managed products. They are: SciVest Oil Sands Index PLUS Fund, SciVest Income Portfolio PLUS Fund, SciVest Commodity Index PLUS Fund, SciVest Asia Pacific Long-Short Equity Fund and SciVest Aggressive Market-Neutral Equity Fund. “Our core strategy is market-neutral, and that strategy doesn’t make […]
Quebec City-based brokerage wants to scoop up talent and market share in Western Canada
Firm acquires Standard Life’s Performa fund dealership in a step to expand outside Quebec
Fund managers offer advice about which energy industry groups to recommend to clients and which to avoid
TD Asset Management Inc. has appointed Highstreet Asset Management Inc. as portfolio advisor of TD Private Canadian Strategic Opportunities Fund, effective Feb. 16. Highstreet is a London, Ont.-based institutional manager founded in 1998. Highstreet replaces KBSH Capital Management Inc.
More than a year after closing Northwest Specialty Equity Fund, Toronto-based Northwest Mutual Funds Inc. has announced the fund will reopen, effective Feb. 24. The small-cap fund hit $250 million in assets last year, resulting in “too much money,” the company says. “We didn’t want to be forced to buy things we didn’t like, which […]
Toronto-based Mavrix Fund Management Inc. will begin offering F-class units for nine of its funds, effective immediately. The funds include: Mavrix Dividend & Income Fund; Mavrix Diversified Fund; Mavrix Canada Fund; Mavrix Strategic Bond Fund; Mavrix Sierra Equity Fund; Mavrix Global Fund; Mavrix Explorer Fund; Mavrix Canadian Income Trust Fund; and Mavrix Small Companies Fund. […]