These funds are index-based funds that gradually and automatically shift to a more conservative asset allocation as the target date draws near.
Russell Investments is expanding its suite of multi-asset offerings for Canadian investors with Russell Multi-Asset Growth Strategy MAGS.
To help investors evaluate funds based on environmental, social, and governance (ESG) factors, Morningstar has introduced a sustainability rating for about 20,000 funds.
Effective immediately, the management fees for Series A and I of Franklin Bissett Money Market Corporate Class have been reduced by 25 bps.
Sun Life Global Investments Canada is opening the Sun Life MFS Low Volatility Global Equity Fund and Sun Life MFS Low Volatility International Equity Fund.
Aston Hill Asset Management is terminating the Aston Hill Energy Growth Class and Aston Hill Global Resource & Infrastructure Class.
Excel Funds Management Inc. has filed a preliminary prospectus for Excel India Balanced Fund and Excel New India Leaders Fund.
Cap-weighted bond indexes and funds are often criticized.
Aston Hill Asset Management Inc. has launched the Aston Hill High Income Fund, which will be managed by Aston Hill's CIO, Ben Cheng.
Fidelity Investments Canada ULC has launched Fidelity North American Equity Class, which offers opportunities in the Canadian and U.S. equity markets.