BMO Investments Inc. (BMOII) has reduced fees across its fund lineup, and has introduced a new series. Read: Horizons ETFs reduces management fee on fund Effective February 1, 2017, BMOII reduced management fees by up to 25 basis points on 26 mutual funds, including Series F, Series F (hedged), Series F6, Series T5 and Advisor […]
Manulife Investments plans to launch a series of multifactor ETFs in partnership with Dimensional Fund Advisors Canada ULC (DFAC) as sub-advisor. The ETFs will seek to track indexes designed by DFAC’s parent company, Dimensional Fund Advisors LP, which uses a factor-based approach. Read: Fundata award winners announced Manulife’s planned launch includes four multifactor equity ETF […]
Fundata Canada has presented its FundGrade Awards to 57 companies representing 263 Canadian investment funds. Winners include 179 mutual funds, 35 ETFs, 46 segregated funds and 3 responsible investing funds. Read: Fixed income prospects for 2017 Winner highlights: Manulife Asset Management — 33 funds CI Investments — 23 funds Fidelity Investments — 20 funds Sun […]
Dynamic Funds and BlackRock Canada have launched five Dynamic iShares Active ETFs that began trading on the TSX Wednesday. The ETFs are: Dynamic iShares Active Preferred Shares ETF — seeks to provide dividend income while preserving capital by investing primarily in preferred shares of Canada-based businesses. Dynamic iShares Active Crossover Bond ETF — seeks to […]
Mackenzie Investments is launching an emerging markets ETF and a mutual fund, both in partnership with TOBAM, an asset manager and index provider. The ETF and mutual fund give investors access to regional options with the potential to reduce risk concentration and market bias, and improve risk-adjusted returns in emerging markets securities, the firm says. […]
Research firm ETFGI, says the assets invested in ETFs and ETPs that are listed in the United States reached a record high of US$2.549 trillion at the end of 2016.
Invesco Canada has applied to list two new PowerShares ETFs on Aequitas Neo: PowerShares S&P 500 High Dividend Low Volatility Index ETF and PowerShares S&P Global ex. Canada High Dividend Low Volatility Index ETF. Subject to regulatory and NEO approval, the ETFs will launch during the first half of 2017. Read: Horizons ETFs launches global […]
Horizons ETFs has reduced the management fee on the Horizons China High Dividend Yield Index ETF (HCN) to 0.70% from 0.85%, effective immediately. HCN provides exposure to high-dividend-yielding Hong Kong–listed equities. HCN seeks investment results that, before fees and expenses, correspond to the performance of the Hang Seng high-dividend-yield index (Hang Seng HD index). HCN […]
Redwood Asset Management will launch* four new ETFs on Aequitas NEO in February 2017 — its first ETFs on the public markets. Redwood is also the first non-shareholder to launch ETFs on NEO. Read: Horizons ETFs to eliminate advisor-class units The ETFs are: · Redwood Floating Rate Preferred Fund, · Redwood U.S. Preferred Share Fund, […]
Advisor-class units will convert to common-class units in Q2 2017.