Mutual funds

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Industry

Fund cost poll suggests Canadians need advice

A large number of Canadian investors appear oblivious to the costs associated with their mutual funds, according to a survey commissioned by ING DIRECT. The poll found that 45% of Canadians were unsure about the annual management expense they are pay on mutual funds. It should be noted, of course, that ING is a purveyor […]

By Steven Lamb |January 24, 2011

2 min read

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Industry

Brigata raises MER cap, cuts trailer

Brigata Capital Management has adjusted the level of operating expenses of the Brigata Funds that will be absorbed by the firm, shifting up to an additional 10 basis points onto the investor. Commencing with the 2011 financial year, Brigata will cap the MER for each fund at 2.50% for series A (the previous cap had […]

By Staff |January 21, 2011

1 min read

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Industry

Strong fund sales cap off 2010

Mutual funds sales for December – in fact, much of 2010 – were reminiscent of Goldilocks. Investors found some fund categories too hot for their liking (equity), while others were starting to cool off (fixed income). Great luck for balanced fund managers, as investors opted for the “just right” asset mix. “Long term fund sales […]

By Steven Lamb |January 17, 2011

2 min read

Decorative pattern

Industry

Invesco Trimark rolls out three new funds

Invesco Trimark has launched three new funds offering investors new ways to get exposure to the emerging markets and energy sector. The Invesco Emerging Markets Debt Fund invests primarily in local-currency-denominated debt issues of emerging market countries, an investment universe of over US$1 trillion. While most of these issues are rated as investment grade debt, […]

By Staff |January 12, 2011

1 min read