The funds and their applicable series will be reduced, effective immediately.
Twenty-nine of the 44 Morningstar Canada fund indices increased during Q3 2017.
CI Investments Inc. has launched the Signature Floating-Rate Income Pool. Read: Low-rate strategies for fixed income The pool invests in a conservative, actively managed global portfolio of floating-rate bonds and leveraged loans, as well as shorter-term, high-yield, investment-grade bonds, which are less sensitive to changes in interest rates compared to other fixed income securities. The […]
AIMA Canada debate declares a clear winner
Morningstar has announced its 2016 fund managers of the year and steward of the year. Managers of the year Fixed income manager of the year goes to Hanif Mamdani, manager of PH&N High-Yield Bond Fund. Other finalists for the award were: John Carswell and Vivek Verma for Lysander Canso Corporate Value Bond, and Alfred Murata […]
Mackenzie Investments will reduce the management fees and lower the dealer compensation on three portfolios.
Scotia Managed Companies Administration is cutting the High Rock Canadian High Yield Bond Fund.
How can we use this tool, among others?
The fund seeks to achieve long-term capital growth by investing globally in investments that can benefit from rapidly aging populations.
Harvard University’s college newspaper, the Harvard Crimson, has taken the university’s endowment managers to task for a -2% annual return and a US$2-billion paper loss. Harvard Management Company, which manages the US$35.7-billion endowment, reported the decline this month in its 2016 annual report. Now, the managers are taking heat from students. Read: Seeking lower risk? […]