To accommodate any future rollouts of new series with different currency exposures, Invesco has announced changes to six Canadian-listed PowerShares ETFs.
The changes take effect in March 2017.
ETFs are playing an increasingly important role in the investment portfolios of Canadians.
Canadian ETF assets are $108 billion, spread among more than 500 different products, reports National Bank in an industry note. In 2016, the number of ETF providers increased to 18 from 12, with Hamilton Capital, TD Asset Management, Sphere Investment, Mackenzie, WisdomTree and Harvest Portfolios Group all introducing ETFs. Canada’s six largest banks are increasingly […]
Effective today, Signature Global Asset Management will assume portfolio management responsibilities for the First Asset Hamilton Capital European Bank ETF. The fund is currently managed by First Asset Investment Management.
The Thomson Reuters Lipper fund awards honour funds and fund management firms that provide consistently strong risk-adjusted performance relative to their peers, for various time periods ending July 31, 2016. Individual classifications of three-, five- and 10-year periods, as well as fund families with high average scores for the three-year period, are recognized. Read: Where […]
Should you fear or welcome the increased competition?
Investors can now track Canadian natural gas thanks to the new Canadian Natural Gas Index ETF and Canadian Natural Gas Index launched by Auspice Capital Advisors. “Canadian natural gas is critically important to the North American marketplace,” Tim Pickering, founder and CIO of Auspice, says in a statement. “Representing approximately 20% of the continent’s total […]
Echelon Wealth Partners (EWP) has teamed up with Calgary-based portfolio manager Shaunessy Investment Counsel. The partnership will provide EWP clients access to the firm’s ETF portfolio platform. Read: Echelon loses advisors after acquisition, but made profit EWP will initially offer its clients Shaunessy’s proprietary Institutional Global Balanced Composite for investment accounts of at least $50,000. […]
Vanguard Investments Canada has launched the Vanguard FTSE Developed Asia Pacific All Cap Index ETF (CAD-hedged) and the Vanguard FTSE Developed Europe All Cap Index ETF (CAD-hedged).