Fundserv Inc. has appointed Karen Adams as president and CEO, effective July 4, 2017.
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Mackenzie Financial Corporation plans to launch an active income ETF on the NEO Exchange. Mackenzie says it has received final approval from NEO and Canadian securities regulators for the launch of the Mackenzie Global High Yield Fixed Income ETF (MHYB). It’s expected to start trading April 26. The ETF aims to provide income with the […]
The CRA says a Calgary man was convicted of tax evasion and fraud under the Criminal Code. James Harvey Cameron was convicted on March 28 after running a fraudulent RRSP scheme from 2002 to 2006, CRA says. He diverted $2.5 million of investors’ funds for his own use and failed to report it as taxable […]
RBC Global Asset Management says it is changing the ticker symbols for five ETFs on the TSX. An “H” is being added to the end of the tickers to represent currency hedged funds. The changes, effective May 9, are outlined below. ETF Previous ticker New ticker RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF RHU […]
Vanguard Investments Canada says its Global All-Cap ex Canada Equity Index Pooled Fund is now available to Canadian institutional investors. The fund aims to track the performance of a broad global equity index that focuses on developed and emerging markets, excluding Canada. It invests primarily in large, mid and small-cap stocks of companies located in […]
These days, the outlooks for many countries hinge on whether monetary policy is supportive and that’s a major factor driving investment decisions.