Investment fund

VanEck Announces Yearend Distributions for VanEck Equity ETFs

Retrieved on: 
Saturday, December 17, 2022

Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.

Key Points: 
  • Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.
  • Please refer to your VanEck ETF’s Statement of Additional Information (SAI) for further information on PFICs.
  • Shareholders or potential shareholders of the VanEck ETFs should obtain their own independent tax advice based on their particular circumstances.
  • As of November 30, 2022, VanEck managed approximately $71.5 billion in assets, including utual funds, ETFs and institutional accounts.

ASK Indian Entrepreneur Fund receives UCITS authorisation, aims raising USD500m from global investors

Retrieved on: 
Thursday, December 8, 2022

The UCITS vehicle will be modeled on ASK's flagship PMS, ASK Indian Entrepreneur Portfolio ("IEP") which has a strong track record of over a decade, since inception.

Key Points: 
  • The UCITS vehicle will be modeled on ASK's flagship PMS, ASK Indian Entrepreneur Portfolio ("IEP") which has a strong track record of over a decade, since inception.
  • Given the intense regulatory process to have a fund approved as UCITS compliant by a regulator, the UCITS label serves as a stamp of quality and reliability for overseas investors.
  • Sameer Dev, CEO, ASK Capital, further added, "ASK's Ireland domiciled UCITS Fund provides global investors with a familiar, tax efficient, and convenient access to the high growth Indian equity markets.
  • In April 2016, ASKCM successfully raised US$82mn from global investors for its first India-focussed real estate fund, India Real Estate Special Opportunities Fund (IRESOF) and in July 2017, ASKCM launched its first open-ended, India-focussed public equities fund, ASK India Opportunities Fund 1 (AIOF1) for global investors.

ASK Indian Entrepreneur Fund receives UCITS authorisation, aims raising USD500m from global investors

Retrieved on: 
Thursday, December 8, 2022

The UCITS vehicle will be modeled on ASK's flagship PMS, ASK Indian Entrepreneur Portfolio ("IEP") which has a strong track record of over a decade, since inception.

Key Points: 
  • The UCITS vehicle will be modeled on ASK's flagship PMS, ASK Indian Entrepreneur Portfolio ("IEP") which has a strong track record of over a decade, since inception.
  • Given the intense regulatory process to have a fund approved as UCITS compliant by a regulator, the UCITS label serves as a stamp of quality and reliability for overseas investors.
  • Sameer Dev, CEO, ASK Capital, further added, "ASK's Ireland domiciled UCITS Fund provides global investors with a familiar, tax efficient, and convenient access to the high growth Indian equity markets.
  • In April 2016, ASKCM successfully raised US$82mn from global investors for its first India-focussed real estate fund, India Real Estate Special Opportunities Fund (IRESOF) and in July 2017, ASKCM launched its first open-ended, India-focussed public equities fund, ASK India Opportunities Fund 1 (AIOF1) for global investors.

One of Canada’s early ESG Analysts, Coby Bucci, joins Harbourfront Wealth as Senior VP of Corporate Development

Retrieved on: 
Monday, November 21, 2022

VANCOUVER, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- A leader in the Canadian independent wealth space, Harbourfront Wealth (Harbourfront or the Company), today welcomes Coby Bucci, who joins the firm as its Senior Vice President of Corporate Development.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- A leader in the Canadian independent wealth space, Harbourfront Wealth (Harbourfront or the Company), today welcomes Coby Bucci, who joins the firm as its Senior Vice President of Corporate Development.
  • Bucci is one of Canadas early ESG analysts.
  • For the past two decades, Bucci contributed to the impactful momentum around ESG adoption at key organizations, including Credential & Ethical Funds and NEI Investments.
  • In her new role as Senior VP of Corporate Development at Harbourfront, Bucci will lead corporate development, product innovation and asset management growth.

Sigma Additive Solutions and Dyndrite Announce Agreement to Build Connected In-process Data Software Using Dyndrite Application Development Kit

Retrieved on: 
Thursday, November 24, 2022

This agreement is a key step in empowering the user to marry their in-process quality data to the directly generated toolpaths sent to the machine.

Key Points: 
  • This agreement is a key step in empowering the user to marry their in-process quality data to the directly generated toolpaths sent to the machine.
  • Dyndrite enables solution providers to bring performance and robust industrial 3D applications to market, stated Harshil Goel, Chief Executive Officer of Dyndrite.
  • Our application development kit accelerates the creation of critical enterprise solutions such as Sigmas in-process quality solutions.
  • The ability to connect to tool path data only augments the power of sensor fusion, said Darren Beckett, CTO of Sigma.

The LDIC North American Small Business Fund Recognized at the 2022 Refinitiv Lipper Fund Awards

Retrieved on: 
Thursday, November 17, 2022

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
    TORONTO, Nov. 17, 2022 /CNW/ - LDIC Inc. (the "Manager"),is pleased to announce the LDIC North American Small Business Fund has been awarded the 2022 Refinitiv Lipper Fund Canada Award for the Best Canadian-Focused Small/Mid Cap Equity Fund Over Five Years.
  • The award was received by Portfolio Managers of the Fund, Michael Decter and Razi Hasan.
  • "We are honoured to once again receive the Refinitiv Lipper Fund Canada Award for the Best Canadian-Focused Small/Mid Cap Equity Fund.
  • For more information on the LDIC North American Small Business Fund, please join Portfolio Manager's Razi Hasan & Michael Decter for a webinar on November 28th at 1:00pm.

ACC Signed 2.3 million Euros Project Financing with IFU

Retrieved on: 
Monday, November 7, 2022

BEIJING, Nov. 7, 2022 /PRNewswire/ -- Asia Clean Capital Investment Holdings Limited ("ACC") today announced that the company has signed 2.3 million Euros clean energy project financing for stage I with IFU.

Key Points: 
  • BEIJING, Nov. 7, 2022 /PRNewswire/ -- Asia Clean Capital Investment Holdings Limited ("ACC") today announced that the company has signed 2.3 million Euros clean energy project financing for stage I with IFU.
  • Furthermore, IFU is fund manager of a number of other investment funds, including the Danish SDG Investment Fund.
  • ACC will invest the funds into an advanced pipeline of rooftop solar projects for commercial and industrial's enterprises.
  • In addition, it is expected to have second stage of 2.7 million Euros clean energy project financing from IFU, a total of 5 million Euros for investment and construction on distributed photovoltaic.

ACC Signed 2.3 million Euros Project Financing with IFU

Retrieved on: 
Monday, November 7, 2022

BEIJING, Nov. 7, 2022 /PRNewswire/ -- Asia Clean Capital Investment Holdings Limited ("ACC") today announced that the company has signed 2.3 million Euros clean energy project financing for stage I with IFU.

Key Points: 
  • BEIJING, Nov. 7, 2022 /PRNewswire/ -- Asia Clean Capital Investment Holdings Limited ("ACC") today announced that the company has signed 2.3 million Euros clean energy project financing for stage I with IFU.
  • Furthermore, IFU is fund manager of a number of other investment funds, including the Danish SDG Investment Fund.
  • ACC will invest the funds into an advanced pipeline of rooftop solar projects for commercial and industrial's enterprises.
  • In addition, it is expected to have second stage of 2.7 million Euros clean energy project financing from IFU, a total of 5 million Euros for investment and construction on distributed photovoltaic.

Harvest Portfolios Group Inc. Extends Big Pharma Split Corp. Maturity Date; Announces Appointment to Board of Directors

Retrieved on: 
Monday, October 24, 2022

Harvest Portfolios Group Inc. (Harvest) is pleased to announce that Big Pharma Split Corp. (the Company) (TSX:PRM) (TSX:PRM.PR.A) will extend the maturity date of the Class A Shares and Preferred Shares of the Company (together, the Shares) from December 31, 2022 to December 31, 2027.

Key Points: 
  • Harvest Portfolios Group Inc. (Harvest) is pleased to announce that Big Pharma Split Corp. (the Company) (TSX:PRM) (TSX:PRM.PR.A) will extend the maturity date of the Class A Shares and Preferred Shares of the Company (together, the Shares) from December 31, 2022 to December 31, 2027.
  • In addition, Harvest is pleased to announce that Mary Medeiros was appointed to the Board of Directors of the Company (the Board) effective September 27, 2022.
  • Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $2.6 billion in assets for Canadian Investors.
  • Neither the Company nor Harvest assumes any obligation to update or revise them to reflect new events or circumstances, except as required by law.

Giti Sepahi, Former Cannacord HR Leader, joins Harbourfront Wealth Tipping Senior Management to over 50% Female amidst Canadian Women History’s Month 2022

Retrieved on: 
Monday, October 17, 2022

Sepahi holds 26 years of experience in the field of Human Resources across various industries, most notably financial services.

Key Points: 
  • Sepahi holds 26 years of experience in the field of Human Resources across various industries, most notably financial services.
  • At Canaccord Genuity, Sepahi spearheaded the creation and development of special projects, including compensation and retention strategies for partners across capital markets, wealth management, corporate services, and other diverse teams.
  • Im excited to join a fast-growing company and build up the HR strategy and function, says Giti Sepahi.
  • As the newest addition to Harbourfronts senior management team, women now make up the majority of senior-level staff at the Company.