Mutual funds

Fiera Capital lowers management fees for two mutual funds

Fiera Capital has lowered the fees on certain series of the following funds: The fee changes, which are effective today, are detailed in the chart below. Fund Current management fee New management fee Fiera Capital International Equity Fund Series F units Series FH units Series O units 0.90% 0.92% Up to 0.90% 0.75% 0.77% Up […]

By Staff |February 7, 2018

1 min read

Market Insights

Mutual fund sales drop in December

Assets under management (AUM) for the mutual funds industry totalled $1.48 trillion for the month ending Dec. 31, 2017, reveals an IFIC report. AUM decreased by $6.7 billion or 0.4% compared to November 2017, “a result of declines in the markets,” says IFIC in a release. Read: MFDA to advisors: We’re watching your recommendations Net […]

By Staff |January 22, 2018

1 min read

Industry

MFDA to advisors: We’re watching your recommendations

SRO reveals 2018 compliance priorities

By Staff |January 17, 2018

2 min read

Industry

Manulife changes mutual fund platform

The proposed changes are designed to eliminate overlap and streamline Manulife's platform for advisors and investors, says the firm.

By Staff |January 16, 2018

6 min read

BMO Investments drops standard DSC for new purchases

BMO Investments says it will discontinue the standard DSC purchase option for new purchases—including pre-authorized purchases—across its entire mutual funds lineup, effective May 4, 2018. Read: Commissions ban could push advisors to sell insurance products: MFDA In a release, BMO Investments says it hasn’t offered any new mutual funds under the standard DSC purchase option […]

By Staff |December 20, 2017

1 min read

Are clients too focused on returns?

Clients increasingly say their advisors improve their return on investment (ROI), reveals a Pollara report commissioned by IFIC. Read: Can you deliver investors’ return expectations? The proportion of clients who strongly agree with this statement increased to 47% in 2017 from 39% last year. Read: How to increase returns by 1.5% The question is, do […]

By Staff |November 22, 2017

2 min read

Mutual fund assets up almost 3% in October

Assets under management (AUM) for the mutual funds industry reached $1.47 trillion for October 2017, reveals an IFIC report. That’s an increase of $40.7 billion or 2.9% compared to September 2017. Read: ETFs versus mutual funds: which win? Net sales of mutual funds were $2.4 billion for October, up compared to net sales of $1.6 […]

By Staff |November 22, 2017

1 min read

Mutual fund fees decrease returns: ESMA report

If you don’t find the Cumming research on mutual fund fees, flows and performance convincing, another mutual fund study has been published by the European Securities and Markets Authority (ESMA). Read: Industry response to embedded commissions ban: IFIC and Advocis The study analyzes mutual fund returns in relation to ongoing fees, one-off charges and inflation, […]

By Staff |October 25, 2017

1 min read