Up until June 30, 2017, the ETF did not qualify as a mutual fund trust under the Income Tax Act ( Canada ) (the "Tax Act"). The ETF was considered a "financial institution" for purposes of the "mark-to-market" rules contained in the Tax Act since more.
Reuters) - The U.S. Securities and Exchange Commission (SEC) on Friday said it planned to approve an application that would let Vanguard Group, the world's second largest asset manager, offer exchange-traded versions of its actively managed mutual.
While it might not be nearly as flashy an acquisition as the one CI made in August, when it acquired Sentry Investments , a Canadian independent investment manager with $19.1 billion in assets under management, it's laying the foundation for CI's move.
13, 2017 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (BLK), today announced the September 2017 cash distributions for the iShares ETFs listed on the TSX or.
together account for 74.2% of the Canadian ETF market. Individuals who don ... s three opportunities to sell investors CI active and passive mutual funds and ETFs instead of one. Bottom line on CI Financial Heading into the summer, I was disappointed.
Sun Life Global Investments ( Canada ) Inc. (SLGI) — the mutual funds division of Toronto-based Sun Life Financial Inc. — has entered into an agreement to acquire Toronto-based investment manager Excel Funds Management Inc., the companies announced on.
A new rule designed to provide Canadian investors with greater information about ETF products has come into force. ETF issuers must now file a succinct, plain-language summary known as an “ ETF Facts” document when filing a preliminary prospectus with .
BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds , iShares ® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk .
Also Theglobeandmail.com published the news titled: “ Canada's largest mutual - fund firms turn to ETFs ” on June 09, 2017. Theglobeandmail.com's news article titled: “This fund offers a more diversified way to dip your toes into alternative waters” with .
ETF companies will have to start producing new summary disclosure documents modelled on the mutual fund Fund Facts documents beginning on Friday. The Canadian Securities Administrators (CSA) adopted rule changes in December 2016 requiring ETF firms to.
There’s a reason why ETFs and mutual funds carry a warning label — “Past performance ... I say that because the most reliable predictor of bond returns is the current yield, and the Canadian bond market, which includes government and corporate.