Mavrix Fund Management Inc. announced today that on September 14, unitholders of the Mavrix Balanced Income and Growth Trust approved a special resolution authorizing a merger of the Trust into the Mavrix Canadian Income Trust Fund.
Mavrix will announce the effective date of the merger five business days before the merger is implemented.
ETF net sales set a year-to-date record
More than 180 new ETFs have made their trading debut on Canadian exchanges so far in 2024
The products gathered $9.2B in November alone
This year, 71% of new ETF launches have been actively managed, according to Bloomberg Intelligence
Newfoundland and Labrador will increase support for people with disabilities
The loonie has been trading below 70 cents US in recent weeks
Move to dividend-payers from GICs could be big trade of 2025
Chief actuary says LifeWorks did not "respect the textual indications of the legislation"