AlphaPro Management Inc. and Horizons Exchange-Traded Funds Inc. have appointed Guardian Capital LP (all firms are based in Toronto) to assume the subadvisory role for Horizons Dividend ETF. Srikanth Iyer, managing director and head of systematic strategies at Guardian Capital – together with Sam Baldwin and Fiona Wilson, portfolio managers at Guardian – will manage […]
Toronto-based Manulife Mutual Funds is broadening its lineup to allow investors access to tax-efficient income. Series T and Series IT funds (designed for investors seeking regular, monthly cash flow) have been expanded to include more funds within the Manulife fund lineup, and Series FT versions (which generally are designed for investors who have fee-based or […]
Toronto-based BlackRock Asset Management Canada Ltd. has expanded its iShares business with the launch of a new suite of minimum-volatility exchange-traded funds (ETFs) in Canada that track minimum-volatility indexes created by MSCI. iShares MSCI Canada Minimum Volatility Index Fund, iShares MSCI USA Minimum Volatility Index Fund, iShares MSCI EAFE Minimum Volatility Index Fund, iShares MSCI […]
Toronto-based Invesco Canada Ltd. has merged Invesco Global Equity Class Fund into Trimark Global Dividend Class Fund, and Invesco Global Balanced Fund into Trimark Global Balanced Fund. In addition, the company has changed the risk ratings on four of its mutual funds. The risk ratings of Trimark Global Endeavour Fund and Trimark Global Endeavour Class […]
Product Watch
Toronto-based Invesco Canada Ltd. has announced that New York-based Nasdaq OMX Group Inc. has replaced Argyle, Texas-based Halter Financial Group Inc. as the index provider for PowerShares Golden Dragon Halter USX China Portfolio. In addition, the name of the underlying ETF now has been changed to PowerShares Golden Dragon China Portfolio. The Nasdaq Golden Dragon […]
Horizons Exchange Traded Funds Inc., along with its affiliate, AlphaPro Management Inc., both based in Toronto, have introduced two new exchange-traded funds (ETFs) that will provide investors with the opportunity to gain exposure to North American stock market indices while providing protection from sudden and significant market declines. Horizons Universa Canadian Black Swan ETF and […]