Only certain investors will have access to the fund, which comes with redemption limits and performance fees
CC&L has an international equity fund while eight RBC funds are now available in ETF versions
A CI utilities-sector ETF writes covered call options while Invesco launched a suite of dividend ESG funds
New launches include emerging markets, ESG and private markets, while Invesco is closing multiple funds
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
Evolve launched two index ETFs with covered calls and plans to close its enhanced FANGMA fund
Purpose is first in Canada with single-stock ETFs, while CIBC launched new Canadian depositary receipts
Data from Morningstar Direct shows that more than 2,000 U.S. mutual funds closed over the past 10 years
NBI launched international equity funds while CIBC released a fixed-income alt