Connor, Clark & Lunn Conservative Income & Growth Fund announced Monday that unitholders of have approved a proposal that would result in the merger of the fund and Connor, Clark & Lunn Conservative Income Fund.
As all approvals to implement the merger have now been obtained, the merger is expected to become effective on or around February 2.
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