IFIC reported that mutual funds saw net redemptions in April, with $1 billion flowing out of the sector
Changes include fee reductions and tiers
CIBC Private Wealth Advisors will assume advisor responsibilities for three funds
Ratings on two mutual funds changed to “low-to-medium”
The manager of BMO Mutual Funds is making other changes to its product lineup
A recent FCA case confirms a lower court’s decision restricting interest deductibility when ROC is involved
Two funds now have a lower risk rating
The equities component of equity balanced funds have benefited from relatively buoyant markets
More than 75% of Canadian equity fund managers underperformed the S&P/TSX composite last year
Closed-end fund invests in companies focused streaming, digital content, cybersecurity, social networking, e-commerce and connectivity