Products

IndexIQ introduces Canadian, Aussie ETFs

IndexIQ is putting the spotlight on both Canada and Australia. The company has launched single-country small cap Exchange-Traded Funds (ETFs) focusing on the domestic markets in both Canada and Australia. The New York -based developer of index-based investment products is aiming to make the IQ Canada Small Cap ETF (NYSE Arca: CNDA) and the IQ […]

By John Powell |March 24, 2010

2 min read

Claymore to launch Wilshire ETFs

Illinois-based Claymore Securities has plans to introduce 10 new ETFs to the marketplace. Using indexes from Wilshire Associates, the products follow the launch of three broad-based funds by the two firms in March and follow in line with the company’s overall strategy to diversify their product line. On March 19th, Claymore filed plans for nine […]

By John Powell |March 23, 2010

1 min read

BMO ETF cash distributions announced

BMO Financial Group has announced the first quarter 2010 cash distributions for BMO Exchange Traded Funds (ETFs). Unitholders as of March 30, 2010 will receive cash distributions payable on April 12, 2010. Details of the per unit distribution amounts are as follows: Click to table

By Staff |March 22, 2010

2 min read

Endgame for Norshield investors, but mystery remains

Investors in what was once reputed to be a billion-dollar Canadian hedge fund manager may get five to seven cents on the dollar for their investments. The “guiding minds” behind Norshield face regulatory sanctions as well as civil litigation. But a veil of mystery remains around where $472 million in investor assets actually ended up. […]

By Scot Blythe |March 16, 2010

5 min read