Global sales dropped in the first quarter but Canada was an exception, Morningstar reports
Mutual funds recorded $3.4 billion in net redemptions for March but ETF sales held up, IFIC reported
In other fund news, Mackenzie launched a new sustainable fund
CSA and CCIR finalize CRM3 rules, give industry until 2026 to adopt
New ETFs give exposure to short-term treasuries, Big 6 Canadian banks, and the hospitality and travel industry
Assets in Emerge ETFs are held in trust and still “have value” during cease-trade order, firm says
Court approves dropping suit that couldn't secure litigation funding
Role had been filled on an interim basis since Steve Hawkins departed in November
The fund company's auditor resigned in November
Investors tend to overpay for riskier stocks in the hope that they’ll earn quick money