Mackenzie Investments is simplifying its pricing structure and reducing fees, the investment management firm said Friday in a release.
The firm is lowering prices on 13 ETFs. Management fees will be reduced by 0.01% to 0.16%, effective today.
“Our suite of Index ETFs provides investors with effective and versatile building blocks for a diversified portfolio,” said Michael Cooke, Mackenzie’s senior vice-president and head of ETFs.
Plus, product launches from Manulife, Picton Mahoney and LongPoint
SEI takes award for best overall mutual fund group
Plus, new products from Purpose Investments, National Bank Investments
All fund categories reported strong inflows, except for cryptoasset ETFs
Firms must communicate with advisors and provide training when implementing new systems
Advisors want fair compensation plus the ability to avoid conflicts of interest when meeting clients' needs
The acquisition also marks the launch of Canaccord’s Ottawa office