Canoe Financial launches five new funds

Canoe Financial has announced the launch of five new funds, including four that are focused on income generation and one focused on capital appreciation.

“We believe that, in the current investment environment, Canadians are increasingly looking towards income and lower risk,” said Nevin G. Markwart, president and CEO of Canoe Financial. “We have listened to feedback from the best advisors in the country. That’s why we have set out to provide them with new and attractive choices to add to the range of funds offered by Canoe.”

The Canoe Bond Advantage Class and Canoe Enhanced Income Class are managed by Marc Goldfried, CFA, head of fixed income at AEGON Capital Management, and his team.

The Canoe Equity Income Class is managed by AEGON’s head of equities, Stephen Carlin, CFA, and his team.

These three funds are designed to mirror existing AEGON mutual funds which have generated sector-leading, top-decile performance over the past nine years.

The new Canoe Energy Income Class is managed by Rafi G. Tahmazian, senior portfolio manager and partner at Canoe Financial. Tahmazian also manages Canoe’s EnerVest Natural Resourc e Fund and the Canoe Canadian Energy Class Fund.

The Canoe Capital Appreciation Class is managed by James Rife and Bob Haber, CFA, of Haber Trilix Advisors, LP which is the exclusive sub-advisor to seven of Canoe’s investment funds.

“We believe Canadian investors and investment advisors will welcome the new funds Canoe is introducing into the marketplace,” says Markwart. “Our timing is right. We are excited at the prospect of being able to offer these new income-oriented funds at a time when income is what so many Canadians are seeking.”

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.