News by subject: MUTUAL FUNDS

Clio, the leader in cloud-based legal technology, announced today it has raised US$250 million in Series D funding from TCV and JMI Equity. This growth stage investment marks the largest in Canadian history and one of the largest in legal technology,...

FT Portfolios Canada Co. ("First Trust Canada"), a privately owned company, announced today that it has launched the hedged units of the First Trust Cboe Vest U.S. Equity Buffer ETF - August (the "fund"). The fund is sub-advised by Cboe Vest...

TORONTO, 13 August 2019 ? Our marquee event is back with a new line-up of influential global thought leaders.  This year we welcome the legendary Gerry Schwartz, Founder and CEO of Onex, for a fireside chat moderated by Margaret Franklin, CFA,...

Canadian Utilities & Telecom Income Fund declares a monthly fund distribution in the amount of $0.05658 per unit, payable on August 30, 2019 to unitholders of record on August 15, 2019. For further information, please contact Investor Relations at...

Stone Asset Management Limited, the Trustee and Manager of the Funds, today announced the following fund mergers: Merging Corporate FundContinuing Trust FundStone American Dividend Growth Fund (Corporate Class)Stone American Dividend Growth FundStone...

The Sovrin Foundation, the governing body for Sovrin, the blockchain-based digital identity network, and investment fund Hard Yaka today announced the launch of an incubator to provide early-stage companies with technology guidance, business...

Foremost Income Fund ("Foremost" or the "Fund") reviews the monthly limit for Unit redemptions pursuant to section 6.4(ii)(B) of the deed of Trust. Temporary Reduction of Monthly Limit for Fund Unit Redemptions Pursuant to Section 6.4(ii)(A) and (B)...

Stone Asset Management Limited ("SAM"), the investment fund manager and portfolio manager of the Stone Mutual Funds, announces a name change for the Stone Monthly Pay Fund. The Fund has been renamed the "Stone Dividend Yield Hog Fund". The Fund's...

Area One Farms, a specialty Canadian investment firm that builds equity partnerships with Canadian farmers, is pleased to announce the first close of Fund IV (The Fund) with commitments totalling $120 million. Area One is also pleased to announce...

The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for May 2019.  Mutual fund assets totalled $1.53 trillion at the end of May 2019. Assets decreased by $31.4 billion or 2.0% compared to April...

Middlefield Group, on behalf of Digital Consumer Dividend Fund (the "Fund"), is pleased to announce the exchange ratios for the exchange offer by the Fund (the "Exchange Option") being made under the final prospectus of the Fund dated May 24, 2019....

Stone Asset Management Limited ("SAM"), the investment fund manager and portfolio manager of the Stone Mutual Funds, announced today the changes to the risk ratings of some of the Funds as set out below: Fund namePrevious ratingNew ratingStone...

Clairvest Group Inc. today announced it has held a first and final closing for Clairvest Equity Partners VI ("CEP VI"). Marketing of CEP VI commenced in January 2019 with a fund target size of US$800 million. CEP VI closed at US$850 million, the...

Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the "Company" or "Jetlines") is pleased to announce that it has entered into a letter of intent (the "LOI") with a Korean special purpose fund led and established by InHarv Partners Ltd. ("InHarv") for...

Purpose Investments Inc. ("Purpose Investments" or "Purpose") announced today that it has set April 15, 2019 as the new date for the special meeting of the shareholders of Purpose MLP & Infrastructure Income Fund (the "Fund"). The purpose of the...

Allied Universal, a leading facility services company and the largest security force in North America, announces today that Caisse de dépôt et placement du Québec ("CDPQ") is making a strategic investment in Allied Universal alongside company...

Today, Mojio ? the leading technology platform and SaaS provider for connected cars ? announced that it has closed an oversubscribed Series B funding round. Mojio raised $40 million USD in the round, including strategic investments from Assurant, the...

Chrysalix Venture Capital, a global venture capital fund with a long history commercializing step-change innovation for resource intensive industries, congratulates seven of its portfolio companies that have been named in the 2019 Global Cleantech...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES LDIC Inc. (the "Manager"), the manager of the LDIC North American Small Business Fund (the "Fund"), announces that it has discovered a discrepancy which has...

Equium Capital Management Inc. announced today the final year-end reinvested distribution for the 2018 tax year for its exchange-traded series ("ETF series") of Equium Global Tactical Allocation Fund (the "Fund") that trades on the Toronto Stock...

Stone Investment Group Limited ("Stone") is pleased to announce that the firm has completed the transaction regarding the acquisition of certain of the Marquest Asset Management Inc. ("Marquest") retail mutual funds, and its wholly-owned subsidiary...

This press release is not for dissemination in the United States or for distribution to US news wire services. Purpose Investments, Inc. ("Purpose") is very pleased to announce that Purpose Tactical Investment Grade Bond Fund ("the Fund") will...

Purpose Investments, Inc. ("Purpose") is very pleased to announce the recognition of Purpose Enhanced US Equity Fund ("the Fund") at the 2018 Thomson Reuters Lipper Fund Awards, which was held the evening of November 7 in downtown Toronto. The 2018...

Canoe EIT Income Fund ("Canoe" or the "Fund") announces the quarterly 2018 distribution of $0.30 per unit to Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders. The distribution will be paid on December 14, 2018 to unitholders of...

NCM Asset Management Ltd. (formerly, Norrep Capital Management Ltd.) ("NCM"), the manager of a strategically focused group of public mutual funds, alternative investment funds, and limited partnerships, announces today that the following previously...

Purpose Investments, Inc. ("Purpose") is pleased to announce the launch of Purpose Gold Bullion Fund ("the Fund"), a low-cost way for investors to access physical gold through an exchange-traded fund. The Fund is offered in three ETF versions:...

The Investment Funds Institute of Canada (IFIC) today announced mutual fund net sales and net assets for September 2018.  The combined assets of Canada's mutual fund industry totalled $1.52 trillion. Assets decreased by $13.3 billion or 0.9%...

NCM Asset Management Ltd. (formerly, Norrep Capital Management Ltd.) ("NCM"), the manager of a strategically focused group of public mutual funds, alternative investment funds, and limited partnerships, announces today that the following previously...

Investors and investment advisors are invited to listen to an update on Blue Ribbon Income Fund (the "Fund"), hosted by Paul Bloom of Bloom Investment Counsel, Inc. A link to the update call recorded on September 27, 2018 has been posted to the Blue...

LDIC Inc. (the "Manager"), the manager of the LDIC North American Small Business Fund (the "Fund"), announces that it has discovered a discrepancy which has affected the net asset value per unit ("NAVPU") of the Fund. The Manager has determined that...

Investors and Investment Advisors are invited to listen to a recorded update on Brompton's financials-focused split share funds, hosted by Portfolio Manager Michael Clare of Brompton Funds. Michael Clare discusses five reasons to invest in the...

GSO Capital Partners LP ("GSO") announced today that funds managed, advised or sub-advised by GSO (the "Funds") acquired on September 6, 2018 an aggregate of 17,426,810 Limited Voting Shares of Concordia International Corp. (the "Issuer"), which...

Purpose Investments Inc. (the "Manager") announced today the exchange ratios (each an "Exchange Ratio" and collectively, the "Exchange Ratios") for the previously announced mergers of each terminating fund (each a "Terminating Fund" and collectively...

Investors and investment advisors are invited to listen to an update presentation on European Dividend Growth Fund (the "Fund"), hosted by Portfolio Manager Michael Clare of Brompton Funds. Michael Clare discusses the Fund's portfolio, and European...

Purpose Investments Inc. is pleased to announce the following distributions for the month of July 2018. The ex-distribution date for all ETFs is July 26, 2018, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF,...

Purpose Investments Inc. ("Purpose") is pleased to announce the conversion of Purpose Global Financials Income Fund (formerly, Australian Banc Income Fund) into an open-end fund with ETF units and mutual fund units. The Class A units of PFG.UN were...

[CES ASIA]  Swarm (www.swarm.fund), the blockchain for private equity, announced today that the recently tokenized Andra Fund will be made available to its investors. Through the Andra Fund, Swarm investors will be able to utilize any of four...

Canada Pension Plan Investment Board (CPPIB) announced today that it entered into a definitive agreement to invest approximately US$600 million in Ant International Co., Limited ("Ant International"), a wholly-owned off-shore subsidiary of Ant Small...

IP.Gold announces a significant update to its Token Economics that provides IPG contributors and token holders greater security, liquidity and gross revenue share opportunities. As the cryptocurrency ICO market continues to mature, IP.Gold...

June 4, 2018 -- CoinAgenda (www.coinagenda.com), the premier conference series for connecting blockchain and cryptocurrency investors with startup and ICO opportunities since 2014, today announced the details of its 9th startup/ICO Competition taking...

on February 23, 2018, Purpose Investments Inc. ("Purpose") previously announced its proposal, subject to all required securityholder and regulatory approvals, to complete series of fund mergers.  Purpose wishes to provide additional information in...

Ninepoint Partners LP, an independent, active manager of specialty investment solutions, has announced the launch of Ninepoint Concentrated Canadian Equity Fund. The fund, which will focus on a concentrated portfolio of select Canadian companies,...

Gordon Brothers, the global advisory, restructuring, and investment firm, announced enhancements to its business development team within its valuation group across North America. These new appointments strengthen the group's business development...

Millennium Blockchain Inc. , a holding company focused on blockchain technologies and crypto-assets announced its partnership with Transform Group, the leading blockchain public relations, advisory and marketing agency, and appointed the firm's...

Purpose Investments Inc., the manager of Energy Credit Opportunities Income Fund (the "Fund") (NEO:PCF.UN) (NEO:PCF.U), announced today that pursuant to a final prospectus dated February 1, 2018, the Fund has completed its conversion into an actively...