Purpose Investments announced the first two of its funds, the Core Dividend Fund and the Tactical Hedged Equity Fund, have completed the initial public offerings of their exchange traded series of shares. These funds will began trading on the TSX today under the ticker symbols PDF and PHE, respectively. Read: Seif launches Purpose Investments These […]
Canadian equity funds underperformed in June.
Desjardins Investments has proposed changes to the investment objectives of its Canadian balanced fund, as well as to its Diapason Conservative Portfolio.
Canoe Financial will implement a portfolio manager change for certain funds by September 1, 2013.
ONE Financial Corporation has wound down all funds within its All-Weather Profit Family except the ONE Financial All-Weather Profit Global Diversified Fund.
Do ethical funds pay a price for being ethical?
FT Portfolios Canada Co., a privately owned company and an affiliate of Chicago-based First Trust Portfolios L.P., introduced the first three First Trust AlphaDEXTM Dividend ETFs that start trading Wednesday, May 15 on the Toronto Stock Exchange.
Mackenzie Financial Corporation announced significant changes to its product lineup to meet the increasing demands of advisors. Read: Mackenzie Investments suspends 12 mutual funds The changes include: Proposed fund reorganizations and mergers Fund launches Fund enhancements Renaming some investment teams Proposed changes to investment objectives New fund-naming convention Fund mergers There are 29 proposed fund […]
The Integra Short-Term Investment Fund will be renamed.
Manulife Asset Management has named Paul Boyne and Doug McGraw to lead a new team managing a global equity strategy for institutional clients and certain wealth management businesses of Manulife Financial and John Hancock. Read: Say goodbye to mortgage wars “Paul and Doug expand and strengthen Manulife Asset Management’s investment capabilities and complement our global […]