In response to the demand that investorsâ€™ have for yield, Renaissance Investments has launched the Renaissance Corporate Bond Capital Yield Fund, which has been made available for purchase on Wednesday November 18th 2009. The Renaissance Corporate Bond Capital Yield Fund offers investors exposure to higher yielding corporate bonds, which are a compelling investment opportunity in
Archive for the ‘Investing’ Category
RBC Capital Markets reported on November 16th that for the month of October 2009 the RBC Hedge 250 Index had a net return of -0.25%. This recent information brings the year to date return of the RBC Hedge 250 Index to 17.20%. The returns are estimated to be finalized by the middle of next month.
BMO Investments In. Has received securityholder and regulatory approval to proceed with the proposed changes that were announced on September 25th, 2009. These changes were proposed to its BMO Guardian Funds and BMO Mutual Funds line-ups. The following changes have been approved and are expected to take effect as of the merger dates listed in
RBC Asset Management Inc. announced that effectively today RBC Oâ€™Shaughnessy Canadian Equity Fund and RBC 0â€™Shaughnesy U.S. Growth Fund will re-open to new purchases. Re-opening the RBC Oâ€™Shaughnessy Canadian Equity Fund and RBC 0â€™Shaughnesy U.S. Growth Fund will allow existing investors to add their holdings, and also enable new investors to purchase both the RBC
As of September 30th, the reserve fund has been lifted to $123.8 billion notes the man in charge of the Canada Pension Plan (CPP) reserve fund. The latest total, reported Thursday by the CPP Investment Board is about $1 billion above the fundâ€™s earlier peak in spring 2008. This dramatic turnaround in such a short
As a result of a proposed fund merger that involved the current underlying fund, it is expected that on or about November 27th, 2009, the underlying fund to the Fund will become BMO Emerging Fund. The investment objective of the Fund is to provide long-term capital appreciation. At the moment, the Fund seeks a similar
On November 5th, TD Capital Trust, a subsidiary of the Toronto Dominion Bank (TD) announced that its intention of redeeming the outstanding 900,000 Capital Trust Securities â€“ Series 2009 (TD CaTS) on December 31st, 2009. This will be done at a price per unit of $1,000 plus the unpaid distribution payable on the redemption date