Former CI president supports proposal to open up bank shelves to independent products
The funds will now use variable amounts of leverage and a proprietary index
New asset allocation ETFs are designed for different risk tolerances
CFRA has expanded its offering to the Canadian market
The new offering has four dividend payment options
The new fund seeks to offer a 5% fixed annual distribution
Growth potential is based on the price performance of the S&P/TSX Banks Index
The 10 ETFs began trading on the TSX on Tuesday
New offerings include three specialty funds and two U.S. equity funds
The company has also introduced two standalone funds
aHR0cHM6Ly93d3cuaW52ZXN0bWVudGV4ZWN1dGl2ZS5jb20vdGFnL3Byb2R1Y3QvcGFnZS8xMC8(U2NyZWVuSGVpZ2h0)NzIw(U2NyZWVuV2lkdGg)MTI4MA(T0ZTWVNfUmVmZXJyZXI)(dmlzaXRvcktleQ)MTlkRHo1U00(dmlzaXRLZXk)dnhHMXYxTkE){kind=small}