The products invest in Franklin Bissett mutual funds
The firm has removed performance fees, changed the risk rating of a fund and the investment strategies of two others
The rules would prevent funds from using derivative transactions to convert ordinary income into capital gains
Proposed rules from Budget 2019 could negatively impact the Canadian ETF market
But sales numbers were still far behind ETFs
Another fund has been terminated
Four funds have had their risk ratings decreased
The funds stopped accepting additional purchases on Monday
The firm has also introduced currency-hedged versions of six U.S. equity funds
For the first time in a decade, ETFs outsold mutual funds last year. Was this the result of a down market, or a sign of things to come?