On The Shelf:

(February 11, 2008) Russell Investments Canada announced Monday that its class B, I-5, I-6 and I-7 units of the LifePoints Portfolios will now be available under a deferred sales charge purchase option.

The company is also offering no load, low load and front load to its purchase options.

“This initiative is designed to give advisors and investors more choice and flexibility when choosing a purchase option. Advisors will have a full range of LifePoints purchase options to choose from to best fit their business strategy and client needs,” says David Bullock, managing director of Russell Investments’ distribution and marketing.

frontierAlt changes bond fund name

(February 11, 2008) frontierAlt Funds Management has revealed that it is changing the name of its All Terrain Bond Fund to the Opportunistic Bond Fund.

The investment objective, which is to “provide investors with superior investment returns, having regard to safety of capital, by investing mainly in fixed income securities,” will remain the same.

(02/11/08)

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.