Invesco Canada is enhancing the offering of its innovative Platform Traded Fund (PTFs), effective March 12, 2018. Designed for fee-based accounts, PTFs transact and settle like listed securities or exchange-traded funds. Developed by Invesco Canada and introduced in 2015, the funds aim to deliver active investment management at a cost comparable to institutional pricing. Read: […]
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Find out which funds made the grade for 2017
Desjardins Investments (DI) has reduced management fees by up to 25 basis points for a majority of unit classes for 32 funds, effective Jan. 18. Affected funds are in the tables below. DI will also merge the Desjardins Canadian Equity Growth Fund with Desjardins Canadian Equity Fund around March 23, the company said in a […]
The proposed changes are designed to eliminate overlap and streamline Manulife's platform for advisors and investors, says the firm.
The firm will waive a portion of its fees for IA Clarington Global Bond Fund, Series F, F5, EF and EF5, effective immediately.
How well did markets fare in 2017? Morningstar Research Inc.’s preliminary 2017 performance report reveals that 41 of its 44 Canada fund indexes increased during the year, 12 of them by 10% or more. (The Canada fund indexes measure aggregate returns in various categories.) The best performer was the one that tracks the Greater China […]
The management fees will be reduced as of December 1.
Middlefield Group says its European Focused Dividend Fund has completed an initial public offering of 8,500,000 units at a price of $10 per unit, for gross proceeds of $85 million. The units are listed on the Toronto Stock Exchange under the symbol EF.UN. The fund’s actively managed portfolio primarily holds dividend-paying securities of issuers that […]
Both of the new global fixed income funds will be offered in a wide range of load, no-load and fee-based series options.