Two new portfolios from Toronto-based Fidelity Investments Canada ULC are meant to help investors weather market volatility and low interest rates. Fidelity Conservative Managed Risk Portfolio is a multiple asset class product for retired and soon-to-retire investors. This portfolio is meant to mitigate investors’ exposure to market volatility while providing some equities exposure for potential […]
Toronto-based Franklin Templeton Investments Corp. recently launched Franklin Quotential Fixed Income Portfolio. This portfolio offers investors an actively managed mix of domestic and foreign fixed-income securities. The portfolio invests primarily in mutual funds and ETFs, although adjustments to asset allocations and currency exposures will be made to capitalize on short-term opportunities and to manage risk […]
Oakville, Ont.-based Harvest Portfolios Group Inc. has converted four closed-end mutual funds into ETFs. Brand Leaders Plus Income ETF (formerly Brand Leaders Plus Income Fund) invests in an equal-weighted portfolio of 20 brand leaders selected from an annual report by New York-based Interbrand on the world’s top 100 brands that have a minimum market capitalization […]
Montreal-based Desjardins Investments Inc. has announced changes to its Chorus II Portfolios. The funds’ investment strategies now will include volatility-reduction criteria to determine what percentage of the portfolios’ assets will be invested in a particular security. The fundamental investment objective for each fund remains unchanged. New York-based Lazard Asset Management LLC will act as an […]
Toronto-based CI Investments Inc. has made changes in portfolio management for its G5/20 fund series. Montreal-based Fiera Capital Corp. has taken over the series’ portfolio subadvisory responsibilities, previously the responsibility of Montreal-based HR Stratégies Inc. (HRS). The decision follows changes to HRS’s business model, which saw its risk-management overlay managers move to Fiera. As a […]
Toronto-based Questrade Wealth Management Inc. has reduced management fees on six of its ETFs. Questrade Russell 1000 Equal Weight U.S. Technology Index ETF Hedged to CAD, Questrade Russell 1000 Equal Weight U.S. Industrials Index ETF Hedged to CAD, Questrade Russell 1000 Equal Weight U.S. Health Care Index ETF Hedged to CAD and Questrade Russell 1000 […]
Toronto-based First Asset Investment Management Inc.’s product shelf is a little bit broader now with the recent launch of three new ETFs. First Asset U.S. Equity Multi-Factor Index ETF consists of a portfolio of high-quality U.S. equities with low sensitivity to market fluctuations, as well as low price/earnings and price/book characteristics. First Asset Canadian Dividend […]
A mutual fund focused on silver bullion now is available from Toronto-based Bullion Management Group Inc. (BMG). BMG Silver BullionFund invests exclusively in silver bullion and is meant for investors looking to diversify their precious metals investments. The fund is priced at net asset value and thus does not have the liquidity issues associated with […]
Toronto-based Purpose Investments Inc. has launched two income-generating investments that are available as mutual funds and ETFs. Purpose Conservative Income Fund is meant for investors looking for a risk-managed strategy that provides a moderate level of income with modest capital appreciation, all while managing market volatility and downside risk. This fund uses an equities-based, option-collar […]
Toronto-based Mackenzie Financial Corp. has added four corporate-class mutual funds to its lineup. Mackenzie Canadian Growth Class focuses on companies that are market leaders, but typically are not household names. Mackenzie Canadian Growth Balanced Class looks to deliver long-term growth of capital through investments in high-quality companies along with a fixed-income component. Mackenzie Ivy Canadian […]