Industry News

Clouds and silver linings — Advisors react to budget

(February 18, 2003) The federal budget has something for everyone, though some advisors say it could have done more to put money into the hands of their clients. One budget gem is the incentives for small-business owners. Clients who fall into this category will be thrilled with the fact that the low 12% tax rate […]

February 17, 2003

4 min read

Ethical & Meritas dominate survey of Canada’s best social funds

Ethical Money Market Mackenzie Universal Global Ethics Meritas Jantzi Social Index Mackenzie RSP Universal Global Ethics Meritas U.S. Equity For more on the SRI survey, check the Corporate Knights Web site. Filed by Doug Watt, Advisor.ca, dwatt@advisor.ca (02/18/03) Ethical Global Bond Ethical Income Ethical Money Market Mackenzie Universal Global Ethics Meritas Jantzi Social Index Mackenzie […]

By Doug Watt |February 17, 2003

3 min read

Mutual funds lose more ground in January

(February 17, 2003) Contributions to mutual funds and total assets were both down in January, for the 10th straight month but the fund industry expects to see a turnaround in February, says the Investment Funds Institute of Canada. Mutual funds have been in net redemption since last April. In January, Canadians pulled $469 million out […]

By Scot Blythe |February 17, 2003

2 min read

Proposed new fund disclosure system to benefit consumers and advisors, regulators say

(February 14, 2003) Consumers will have more easily understandable mutual fund and segregated fund information for their investment decision-making, while advisors and fund companies will have simplified responsibilities for distributing that information if a proposed new disclosure system wins acceptance from all players. The Joint Forum of Financial Market Regulators unveiled the proposal yesterday in […]

By Art Melo |February 14, 2003

3 min read