U.S. large-cap, actively managed equity mutual funds are on their hottest streak in years. July was the fifth consecutive month that more than half of the funds outperformed passive index funds. That was the longest streak of market-beating performance.
Expense ratios for equity mutual funds in 401(k) plans declined again in 2016, falling to 48 basis points from 51 basis points in 2015, according to a survey by the Investment Company Institute. This average asset-weighted expense ratio of equity.
SEI Investments Canada Company, a wholly owned subsidiary of SEI Investments Company (NASDAQ: SEIC), is the Manager of the SEI Funds in Canada. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.
Multi-Asset Class Mutual Funds: Can They Time the Market? Evidence from the US, UK and Canada – Introduction In this paper ... to the mutual fund timing literature in particular. See full PDF below.
Had you taken action based on the advice offered in the February 2009 Feature Article–perhaps even made your initial foray into Canada ... funds, was absorbed by Sentry Select Canadian Income Fund, now Sentry Canadian Income Fund, which is an open-end.
Despite some of Canada's largest mutual - fund players recently entering the exchange-traded-funds industry, Evolve Funds Group Inc. – a small, independent ETF shop – is preparing a launch of its own. The company will be led by Raj Lala, an industry .
Offerings include: a comprehensive platform of mutual funds ... Management is one of Canada's largest asset management firms, with over $110 billion in assets under management as of March 31, 2016. SOURCE CIBC World Markets PDF available at: http.
A typical bank mutual fund charges about 2 per cent annually in costs, as measured by the fund's management expense ratio (MER). No big deal, right? Wrong. If the market returns 8 per cent annually, the investor would make 6 per cent (before taxes). At.
The use of embedded commissions continues to spark debate among Canada's investment community as regulators consider an outright ban on hidden fees. One of the most controversial costs is the mutual fund trailer fee, also known as trailing commissions .
July 27 (Reuters) - Stock futures pointed to a slightly higher opening for Canada's main stock index on Thursday as commodity prices rose on dovish signals from the U.S. Federal Reserve. September futures on the S&P TSX index were up 0.10 percent at .
A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. In 1990, the Toronto Stock Exchange unveiled the world's first successful exchange-traded fund , the Toronto 35 Index Participation Fund , known as TIPs, initiating a .
About 83 per cent of mutual funds sold through discount brokerages in Canada include trailing commissions that are typically charged by financial advisers for the advice they provide. Of the total $30-billion in assets held in mutual fund products in.
We brought together money managers and consultants in a virtual roundtable to discuss whether Canada’s institutional ... the problems associated with hedge fund investing, such as highly liquid offerings, mutual fund hedge funds and low-cost approaches.
After years of being on the sidelines, Canada's largest mutual - fund players are now racing to offer exchange-traded funds in an effort to capitalize on the explosion in popularity of the lower-cost products. But they are facing a dual and formidable.
July 21 (Reuters) - Canada's main stock index futures were flat on Friday ahead of the country's inflation data, even as oil slipped nearly 1 percent. Canada's annual inflation rate is expected to have declined to 1 percent in June from 1.3 percent in May.