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
BMO partners with ARK on innovation funds, and Purpose prepares single-stock ETFs
Recent launches include Canadian segregated versions of two Wellington funds and a multi-strategy alternative fund
Firms released new target date corporate bond funds, a multi-asset income ETF and balanced seg funds
Launches include a long/short equity alt ETF and an innovation fund
Recent launches include a green bond fund and an Ether ETF
New products offer income from options trading, dividends from utilities, one-stop shopping for liquid alts
TD launched a carbon credit ETF, while Equitable Life has 12 new seg funds