As baby-boomer business owners retire, there will be a massive shift of assets between generations
Although progress has been slow, brokerage firms are becoming more aware of women’s needs
National Bank launches new GICMontreal-based National Bank of Canada has unveiled its Advantage 8 Plus GIC, which provides investors with principal protection while offering them exposure to a benchmark portfolio composed of common shares of 20 leading Canadian, U.S., European, Japanese and Australian companies. At maturity, investors will receive, in addition to their principal, a […]
Following years of struggle, profits and dividend payouts are rising
Criterion launches U.S. Buyback FundToronto-based Criterion Investments Ltd. has launched Criterion U.S. Buyback Currency Hedge Fund. The fund will invest in equity securities of 30 U.S. public companies with the best record of net share buyback activity in their market-cap segment over the previous calendar year. The fund’s portfolio will be rebalanced quarterly and reset […]
Burgeonvest Bick Corp. will offer clients specialized products and services from its IDA, MFDA and insurance platforms
Excel launches two new fundsMississauga, Ont.-based Excel Funds Management Inc. has launched Excel Emerging Europe Fund and Excel Money Market Fund. Excel Emerging Europe Fund will invest primarily in equity securities of companies located in or otherwise benefiting from the emerging markets of Europe, including Russia, Turkey, Poland, Austria, Croatia and Ukraine. The portfolio manager […]
Industry watchers say added costs could be driving the trend
Portfolio Strategies’ Mark Kent says there are certain situations in which client accounts receive no IPC coverage
AGF, CIBC launch PPN seriesAGF Funds Inc. and CIBC, both based in Toronto, have launched Series 2 and Series 3 of CIBC AGF Dividend Income Fund ROC (Return of Capital) Deposit Notes. The notes of each series offer 100% principal protection if held to maturity, as well as monthly ROC payments and growth potential. The […]