The final valuation of the RBC Target 2017 Corporate Bond Index ETF (TSX: RQE) has been announced. In a release, RBC Global Asset Management reminds investors that the RBC Target 2017 Corporate Bond Index ETF will mature as of close of business on Nov. 17. It says the final net asset value per unit of […]
BMO Investments has announced multiple fund changes
In October, foreign equity and fixed-income funds were benefiting from strong market returns, and they were further buoyed by a depreciating Canadian dollar at the same time, says a report from Morningstar Research. Last month, the Canadian dollar depreciated significantly versus many world currencies: approximately 2% against both the euro and the pound, and more […]
There are no changes to the investment objectives or strategies of these funds associated with their new risk ratings, says the firm.
The fund will operate independently and is expected to have a maximum size of $75 million.
The funds focus on ESG, as well as China.
The fund allows clients to pay a nominal amount unless performance results are above the industry benchmark
On or about October 30, 2017, Mackenzie Financial Corporation will become the portfolio manager of the NBI Canadian Equity Growth Fund.
The funds and their applicable series will be reduced, effective immediately.
Twenty-nine of the 44 Morningstar Canada fund indices increased during Q3 2017.