Clients who meet eligibility requirements will be automatically switched into series with preferred pricing
Bond and ETF funds to be merged
The new strategies offer more options for clients interested in factor investing, the firm says
Mergers expected to take effect on Feb. 8
Six Harmony pools will be terminated on or about April 8
CIBC Smart Investment Solutions portfolios blend traditional investments with ETFs and alternatives
As ETFs' explosive growth in AUM continues, expect more actively managed ETFs and lower fees. While mutual funds' massive AUM dominates - for now - both types of investments have a place in client portfolios
Long-term funds ended the year in the red with negative net sales of $2.5 billion for the full year
The shift to passive management reflects these investments’ technological superiority for retail investors, not market conditions, new report suggests
Eighteen funds added today