FAIR Canada applauds Saskatchewan’s OBSI bill
"Landmark" legislation is significant step forward in protecting investors, organization says
By James Langton |May 28, 2024
2 min read
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
(September 16, 2008) Dynamic Funds has announced the expansion of its Series T fund option to include 16 additional corporate-structured investment mandates.
Series T shares allow investors to take tax-efficient monthly income payments and also to switch between corporate-class funds without taking a tax hit. Investors can select the size of the monthly cash distribution, which is paid out in the form of return of capital.
The 16 funds now available in Series T format are
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)
(September 16, 2008) Dynamic Funds has announced the expansion of its Series T fund option to include 16 additional corporate-structured investment mandates.
Series T shares allow investors to take tax-efficient monthly income payments and also to switch between corporate-class funds without taking a tax hit. Investors can select the size of the monthly cash distribution, which is paid out in the form of return of capital.
The 16 funds now available in Series T format are
• • •
CIBC adjusts Renaissance lineup
(September 16, 2008) CIBC Asset Management is adjusting its Renaissance Investments product lineup.
Effective December 1, the Renaissance Canadian High Yield Bond Fund will have the word “Canadian” stricken from its name, and the investment objective will allow the fund to invest in “high-yield corporate bonds from issuers around the world.”
The Renaissance Canadian Real Return Bond Fund will undergo a similar transformation, investing primarily in “government, government-guaranteed and corporate inflation-linked bonds from issuers located around the world.”
The Renaissance U.S. Index Fund will be renamed the Renaissance U.S. Equity Fund, and will invest “primarily in equity securities of companies listed on major U.S. exchanges and/or domiciled primarily in the United States.” At the same time, Enhanced Investment Technologies, LLC (INTECH) will come onboard as portfolio sub-advisor, replacing CIBC Global Asset Management Inc.
The Renaissance International Index Fund will be renamed Renaissance International Dividend Fund and will invest in “a diversified portfolio of equity securities of foreign companies located in Europe, the Far East and the Pacific Rim.” KBC Asset Management International Ltd. (KBCAM) will replace CIBC Global Asset Management as portfolio sub-advisor.
Renaissance Global Multi Management Fund will not be renamed but will see its mandate reworded to invest primarily in units of global and/or Canadian mutual funds.
Pictet Asset Management Limited (Pictet) will take over as portfolio sub-advisor on the Renaissance Emerging Markets Fund, effective November 1, 2008.
The Renaissance Canadian Income Fund will have its name changed to the Renaissance Short-Term Income Fund to better reflect its current investment objective and strategy.
“We are confident these changes will further add to the strength and breadth of the Renaissance Investments family of funds. They support our commitment to offer investors choice, value and quality investment management expertise,” said Steve Geist, president, CIBC Asset Management Inc.
• • •
Integra rejigs fund offerings
(September 16, 2008) Institutional and private client asset manager Integra Capital has announced changes to its fund lineup.
Effective immediately, the Integra Balanced Fund will invest in the securities of the Analytic Core U.S. Equity Fund (targeted at 8.5% of the portfolio), the Acadian Core International Equity Fund (8.5%), the Integra Bond Fund (40%), the Integra Canadian Value Growth Fund (28%) and the Integra Newton Global Equity Fund (15%).
The firm also named Highstreet Asset Management and Lincluden Management Limited portfolio managers of the Integra Canadian Value Growth Fund, along with J. Zechner Associates.
The Integra Equity Fund will invest in the securities of the Integra Canadian Value Growth Fund (70%), the NWQ U.S. Large Cap Value Fund (10%), the Integra International Equity Fund (10%) and the Integra Newton Global Equity Fund (10%).
(09/16/08)