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Eh !: Canadian Mutual Fund Stalwarts IGM, AGF Join Growing ETF Parade

TedTed
in The Bullpen
FYI: Canada’s old-guard mutual fund managers are realizing they can’t buck the ETF trend any longer.

Long-time asset managers including IGM Financial Inc.’s Mackenzie Investments, AGF Management Ltd. and CI Financial Corp. announced plans to offer exchange traded funds in the past month as investors seek lower-cost alternatives to traditional mutual funds.
Regards,
Ted
http://www.bloomberg.com/news/articles/2015-11-24/canadian-mutual-fund-stalwarts-igm-agf-join-growing-etf-parade
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