Industry News

Trust investors left with few alternatives

With the passing of the federal income trust tax into law on June 22, it’s no longer a game of wait and see; income trusts and their investors have to make some hard decisions about what to do now. For the foreseeable future, there are few options, and none of them are as attractive as […]

By Mark Noble |July 3, 2007

3 min read

Modern. Smart. Different.

For more great content from Fidelity, please visit our Advisor Center exclusively on Advisor.ca Fidelity Managed Portfolios are a suite of portfolios designed to address each investor’s specific objective, profile, time horizon and risk tolerance level, delivering distinct advantages such as: > Explore this complete solution. July 2007

By Staff |June 29, 2007

1 min read

Briefly:

(June 29, 2007) Investors Group has announced it will introduce a new fixed administration fee on its funds, in an effort to make MERs more predictable. Right now, operating expenses are part of the MER, which fluctuates from year to year and making it hard for investors to predict. Those operating expenses will be replaced […]

By Staff |June 29, 2007

4 min read

Some Portus investors may cash in soon

Unitholders in one of the investments in the collapsed Portus Group may soon be able to retrieve what’s left of their money as the receiver moves to wind up the investment. Portus Group had three investment vehicles: two managed accounts that were to buy both Canadian and U.S.-dollar denominated principal-protected notes, and the Market-Neutral Preservation […]

By Scot Blythe |June 29, 2007

3 min read