Canadian material and energy sectors’ outperformance offset “a quarter of sustained market volatility and economic uncertainty globally”
The new arrangement will result in a suite of new investment products that will draw on Morningstar’s “extensive, proprietary investment research”
The physical location will hold events open to the public, focus on money management and include collaborations with local influencers and entrepreneurs
David Arpin and Dina DeGeer will be taking on some or all of the management of the funds currently managed by Ashley Misquitta, who is set to leave the firm next week
More than 137,000 candidates sat for all three levels of the exam, with 11,136 coming from Canada. The passing rate for the combined three exams on a global basis was 46%
The two new funds offer clients access to U.S. and global equity strategies without having to worry of how currency fluctuations will affect their returns
Echelon, formerly known as Euro Pacific Canada, has been growing in recent months as it completed the acquisition of Dundee Goodman Private Wealth this past spring
Investors will be placed in corresponding continuing funds
The three new series provide flexibility for Canadians who are invested in two specific funds and are looking to hedge their exposure to U.S. currency
Decision follows a reminder from the OSC last year that firms are not allowed to promote mutual funds using a performance rating or ranking based partly on a subjective component