Industry News

Oil fuels strong Canadian fund returns

(July 5, 2005) Renewed strength in the commodities markets helped boost Canadian mutual fund investment returns in June, according to Morningstar Canada’s monthly fund performance report. The top-performing fund categories in June were those with a resource-specific mandate, giving them a hefty exposure to soaring oil and precious metals prices. The Morningstar Canada Natural Resources […]

By Steven Lamb |July 5, 2005

3 min read

IFIC reports positive fund sales in June

(July 5, 2005) The mutual fund industry appears to have attracted between $1.5 billion and $2.0 billion in net new investment in June, according to preliminary data from the Investment Funds Institute of Canada (IFIC). “Typically, investors wind down during the summer, but last month’s sales promise to be the best June we’ve had since […]

By Steven Lamb |July 5, 2005

1 min read

Briefly:

(July 8, 2005) The Canadian Securities Administrators has published a new rule intended to harmonize and consolidate prospectus and registration exemptions across Canada. The change will result in more efficient access to capital markets, the regulator says. Provided all necessary approvals are obtained, National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106) will come into […]

By Staff |July 4, 2005

8 min read

Briefly:

(July 8, 2005) The Canadian Securities Administrators has published a new rule intended to harmonize and consolidate prospectus and registration exemptions across Canada. The change will result in more efficient access to capital markets, the regulator says. Provided all necessary approvals are obtained, National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106) will come into […]

By Staff |July 4, 2005

8 min read