Product Watch
Toronto-based Evolve Funds Group Inc. launched Evolve Dividend Stability Preferred Share Index ETF in September.
This ETF, which trades on the Toronto Stock Exchange (TSX), tracks the performance of the Solactive dividend stability Canada preferred share index.
That index measures the performance of up to 50 preferred shares issued by companies listed on the TSX.
The fund’s management fee is 0.45%.
The funds accounted for at least US$350 billion in global net asset value in 2023
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Some institutional investors are leading the move toward greater transparency
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