What’s new from fund manufacturers
CC&L has an international equity fund while eight RBC funds are now available in ETF versions
CC&L has an international equity fund while eight RBC funds are now available in ETF versions
WealthOne paid $676,500 penalty amid compliance lapses
Money-market ETFs gained nearly $1.4 billion while technology, commodities and crypto saw redemptions
Many of last year's trends are expected to continue
A CI utilities-sector ETF writes covered call options while Invesco launched a suite of dividend ESG funds
AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year
New launches include emerging markets, ESG and private markets, while Invesco is closing multiple funds
Investors may correctly identify a trend, but they typically buy high, as well as pay higher fees
Investors withdrew from broad-based funds, while cash and crypto gained
New products include target-date RESP funds, covered calls and high-interest savings
Asset managers launched low-vol, covered call and low-fee index funds to start the year
Investors can expect fewer tech launches and greater growth in covered call funds
Prices down 0.1% month over month as cost of gas, used autos decline
New U.K. guidance encourages insurance industry to accommodate financially stressed clients
Evolve launched two index ETFs with covered calls and plans to close its enhanced FANGMA fund
Fund flows reflected flight to safety, tactical positioning
Data from Morningstar Direct shows that more than 2,000 U.S. mutual funds closed over the past 10 years
Fewer candidates sat for the May and October exams
About $16B is invested in Canadian covered-call ETFs: Horizons
Fixed income funds led again, this time with a preference for longer duration
Panellists discussed the funds during the ETFGI summit
NBI launched international equity funds while CIBC released a fixed-income alt
IFIC data from October shows that mutual funds remain in net redemptions, ETF sales rise
BMO partners with ARK on innovation funds, and Purpose prepares single-stock ETFs
The products would offer exposure to large U.S. names while using covered calls to provide income