The change, effective immediately, reduces the annual management fee to 0.40% or 40 basis points on any portion of the net assets of HEW over $30 million.
Helping clients who risk running out of money.
U.S. ETF flows were up US$14 billion, or 1%, in August.
Horizons ETFs is extending its 0.02% rebate on Horizons S&P/TSX 60 Index ETF’s annual management fee.
ETFs make it easier for advisors to investigate frontier markets for untapped market exposures. But our research suggests such markets may convey more risks than benefits.
Institutional investors across Canada are expanding their use of ETFs, according to a Greenwich Associates study sponsored by BlackRock Asset Management Limited.
Pat Chiefalo, director of ETF research and strategy at National Bank Financial, is moving to BlackRock to lead iShares Canada.
Meeting clients’ capital goals, not beating a benchmark, should be top priority.
Investors are unduly influenced by short-term market swings.
As of mid-year (June 30), the Canadian ETF industry has $70.1 billion in assets under management (AUM), up 11.1% from year end 2013, according to a BMO Global Asset Management report.