Toronto-based Arrow Capital Management Inc. has launched its first ETF. That ETF is a new component of Arrow’s Exemplar Investment Grade Fund, which is an actively managed fund that invests primarily in investment-grade debt securities of Canadian corporate and government issuers that are rated BBB- or higher. The ETF also may invest in non-investment-grade debt […]
Toronto-based Mackenzie Financial Corp. has added four ETFs to its product lineup. Mackenzie Global Leadership Impact ETF focuses on companies from around the world that promote gender diversity and women’s leadership. New Hampshire-based PAX Ellevate Management LLC will act as this ETF’s subadvisor. Mackenzie Ivy Global Equity ETF invests in a broad range of equities […]
Toronto-based Horizons ETFs Management (Canada) Inc. is taking a close look at the robotics industry with the launch of Horizons Robotics and Automation Index ETF. This ETF is designed to replicate the ROBO global robotics and automation index, which is composed of more than 80 stocks that are focused on the global robotics and automation […]
Toronto-based Fidelity Investments Canada ULC has changed the names and risk ratings of several of its mutual funds. Fidelity ClearPath 2005 Portfolio’s and Fidelity Global Bond Currency Neutral Fund’s risk ratings have been decreased to “low”; the risk rating for Fidelity International Concentrated Equity Fund has dropped to “medium”; and the risk ratings for Fidelity […]
Toronto-based Counsel Portfolio Services Inc. has announced the closure of several funds. Effective immediately, Counsel Canadian Value Class, Counsel Canadian Growth Class and Canadian All Equity Portfolio Class are closed to new sales and switches. As well, Counsel Canadian Conservative Portfolio, Counsel Canadian Balanced Portfolio and Counsel Canadian Growth Portfolio will be terminated effective on […]
A new ETF focused on international developed markets is available from Toronto-based Horizons ETFs Management (Canada) Inc. Horizons Active Intl Developed Markets Equity ETF offers exposure to developed markets outside North America, including Europe, Australasia and the Far East, with a focus on high-quality, dividend-paying companies. Management fees for the ETF are 0.8%. (fcollie@investmentexecutive.com). © […]
Toronto-based RBC Global Asset Management Inc. has launched five ETFs. Four of the ETFs have a fixed-income focus and are co-managed by Phillips Hager & North Investment Management Ltd. and BlueBay Asset Management LLP. These fixed-income ETFs are: RBC PH&N Short Term Canadian Bond ETF, which invests primarily in short- duration Canadian government and corporate […]
Toronto-based Evolve Funds Group Inc. has launched four ETFs. Evolve Global Healthcare Enhanced Yield ETF seeks to replicate the performance of the Solactive global health care 20 index (Canadian dollar hedged) and invests primarily in the equities constituents of that index; this ETF’s portfolio manager has the discretion to write covered-call options on up to […]
Toronto-based Evolve Funds Group Inc. has launched two ETFs. Evolve Automobile Innovation Index ETF aims to replicate the performance of the Solactive future cars index, Canadian dollar-hedged. Evolve Active Canadian Preferred Share ETF invests in a mix of preferred shares, primarily from Canada, but also U.S. and international issues. Toronto-based Foyston Gordon & Payne Inc. […]
Dynamic Funds, a division of 1832 Asset Management LP, and BlackRock Asset Management Canada Ltd. have jointly introduced three actively managed ETFs. Both companies have headquarters in Toronto. Dynamic iShares Active Tactical Bond ETF aims to provide investors with interest income and long-term capital growth through investments in a diversified portfolio of primarily North American […]