Manulife Mutual Funds has added Series T and Series IT to more funds within its mutual fund line-up, to provide investors with tax-efficient monthly cash flow. The company also added Series FT to all funds that already provide these options. Series FT was designed primarily for investors who have fee-based or wrap accounts. Overall, more […]
After four consecutive months in the red, resource-heavy equity funds in Canada offered healthy gains at 2.4% in July, finds Morningstar Canada. Read: Equity sectors face losses in May “[News] the ECB will ‘do whatever it takes’ to keep the common currency intact was enough to raise the price of gold and oil by 3% […]
BlackRock Asset Management Canada has introduced a suite of minimum-volatility ETFs to the Canadian marketplace. The five new funds will provide Canadians with access to Canada and the U.S., as well as developed international, global and emerging markets. They begin trading on the TSX today. The typical market portfolio seeks to balance risk by including […]
NEI Investments has launched two funds: the Northwest Macro Canadian Asset Allocation Fund, Northwest Macro Canadian Equity Fund and Northwest Macro Canadian Equity Corporate Class. Both funds offer a wide allocation range between equities and fixed income, as well as exposure to gold and derivative strategies that help manage risk. These funds will be managed […]
Standard Life Mutual Funds has introduced the Standard Life short-term bond fund and Standard Life high-yield bond fund. The short-term fund will provide current income, preserve capital and maintain liquidity, says the company. It invests primarily in Canadian short-term, fixed-income securities, and can be issued by the federal government, provincial government or Canadian corporations. The […]
Russell Investments Canada Limited is changing the name of Russell Managed Yield Class to Russell Fixed Income Class. The fund offers tax-efficient fixed-income exposure.
RBC Global Asset Management has launched several Series H and Series I units for the Canadian market. They’re available across 31 funds, including RBC Funds, PH&N Funds, BlueBay Funds and RBC Corporate Class Funds. “Our new pricing model offers fee savings for clients with more than $200,000 to invest,” says Doug Coulter, president of RBC […]
Scotia Private Client Group has launched its Scotia Private Corporate Class Pools—a new class of funds geared to wealthy Canadians looking to boost their portfolios by deferring and minimizing the taxes paid on non-registered investments. The funds cater to clients who favour a more conservative investment approach, says Tuula Jalasjaa, Managing Director and Head, Investment […]
The Brandes Global Opportunities Fund has opened for business. Brandes Investment Partners launched the fund to provide investors with access to worldwide equity market valuations. It aims to help your clients buy undervalued businesses from around the world, regardless of market capitalization or location, and promises access to both emerging and mature markets. “The new […]
Aston Hill Asset Management, the manager of the Aston Hill Global Resource Fund plans to terminate the fund, effective August 20, 2012. The size of the fund has reduced to a point where the manager believes it’s no longer economically viable to maintain. It will continue to be managed in accordance with its current investment […]