Mutual fund

Vanguard Announces Cash Distributions for the Vanguard ETFs

Monday, July 26, 2021 - 9:33pm

To learn more about the TSX-listed Vanguard ETFs, please visit www.vanguard.ca

Key Points: 
  • To learn more about the TSX-listed Vanguard ETFs, please visit www.vanguard.ca
    Canadians own CAD $61 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs, Canadian institutional products and Canadian mutual funds.
  • Vanguard Investments Canada Inc. manages CAD $42 billion in assets (as of June 30, 2021) with 37 Canadian ETFs and four mutual funds currently available.
  • The Vanguard Group, Inc. is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services.
  • Unlike firms that are publicly held or owned by a small group of individuals, The Vanguard Group, Inc. is owned by Vanguard's U.S.-domiciled funds and ETFs.

Ultimus Fund Solutions Receives Highest Scores for 7th Consecutive Year in Global Custodian Mutual Fund Administration Survey

Wednesday, July 21, 2021 - 1:20pm

According to the survey report, said one client: Our experience with Ultimus has been excellent from start to finish.

Key Points: 
  • According to the survey report, said one client: Our experience with Ultimus has been excellent from start to finish.
  • In addition to receiving the highest overall score, Ultimus achieved additional milestones in the Global Custodian survey:
    Ultimus surpassed all other fund administrator scores in 12 services categories surveyed.
  • The annual Mutual Fund Administration Survey, administered by Global Custodian, asks fund sponsors to assess the quality of service received from their administrators.
  • Ultimus Fund Solutions (Ultimus) is a leading provider of full-service fund administration, accounting, and investor solutions to support the launching and servicing of registered funds, private funds, and public plans.

Sierra Mutual Funds Introduces Sierra Tactical Risk Spectrum 50 Fund

Wednesday, July 21, 2021 - 2:00pm

The Sierra Tactical Risk Spectrum 50 Fund will be managed by Kenneth L. Sleeper, MBA, PhD, and David C. Wright, JD, co-founders of Sierra.

Key Points: 
  • The Sierra Tactical Risk Spectrum 50 Fund will be managed by Kenneth L. Sleeper, MBA, PhD, and David C. Wright, JD, co-founders of Sierra.
  • For more information on the Sierra mutual funds, please visit www.sierramutualfunds.com .
  • The Sierra Group of Companies ("Sierra") comprises Sierra Investment Management , Inc., Ocean Park Asset Management , Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds , which include the Sierra Tactical All Asset Fund , Sierra Tactical Core Income Fund , Sierra Tactical Municipal Fund , Sierra Tactical Bond Fund , as well as the new Fund .
  • As of May 31, 2021, Sierra manages or advises over $8 billion in assets, in separate managed accounts, TAMP models and mutual funds.

Evaluate and Track Investment and Funding Companies | View Company Insights for 1,500+ Investment and Funding Service Providers | BizVibe

Wednesday, July 21, 2021 - 2:30pm

Companies listed in this category are primarily engaged in providing various types of investment and funding services (such as mutual funds, retirement funds, startup funding, etc.).

Key Points: 
  • Companies listed in this category are primarily engaged in providing various types of investment and funding services (such as mutual funds, retirement funds, startup funding, etc.).
  • Users can take advantage of these insights to identify, target, and connect with the right companies who provide investment and funding services.
  • Free Insights Included for all Investment and Funding Services Company Profiles:
    BizVibe's platform contains 10M+ company profiles, spanning across 200+ countries, categorized into 40,000+ products and services.
  • There are 1,500+ company profiles related to investment and funding services on BizVibe, covering 5+ related categories.

First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.08 Per Share for August

Tuesday, July 20, 2021 - 9:30pm

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend date is expected to be August 2, 2021. The monthly distribution information for the Fund appears below.

Key Points: 
  • First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for August

Tuesday, July 20, 2021 - 9:30pm

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend date is expected to be August 2, 2021. The monthly distribution information for the Fund appears below.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Tuesday, July 20, 2021 - 9:30pm

First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $205 billion as of June 30, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Principal Risk Factors: A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

Titan Raises $58M Series B Led by a16z to Build the Modern Asset-Management Giant

Tuesday, July 20, 2021 - 4:15pm

To date, Titan has raised $75M to support their mission to lead the world to better wealth.

Key Points: 
  • To date, Titan has raised $75M to support their mission to lead the world to better wealth.
  • View the full release here: https://www.businesswire.com/news/home/20210720005312/en/
    Titan Raises $58M Series B Led by a16z to Build the Modern Asset-Management Giant (Photo: Business Wire)
    What Fidelity and its iconic mutual funds were for baby boomers, Titan is for new generations of investors.
  • Titan is the first DTC, mobile-first investment platform where everyday investors, irrespective of wealth, can have their capital actively-managed by investment experts in long-term strategies.
  • Unlike legacy players, Titan is mobile-first, enabling investors to have an investment experience directly with the end investment managers.

Channing Capital Management Launches Its First Mutual Fund

Monday, July 19, 2021 - 1:14pm

CHICAGO, July 19, 2021 /PRNewswire/ --On July 1, Channing Capital Management, LLC (Channing) launched its first publicly traded mutual fund, the Channing Intrinsic Value Small-Cap Fund (Ticker: OWLLX).

Key Points: 
  • CHICAGO, July 19, 2021 /PRNewswire/ --On July 1, Channing Capital Management, LLC (Channing) launched its first publicly traded mutual fund, the Channing Intrinsic Value Small-Cap Fund (Ticker: OWLLX).
  • The mutual fund provides both institutional and retail investors access to Channing's small-cap strategy.
  • Founded in 2003, Channing has built a solid 16-year track record for its flagship small-cap strategy within the institutional marketplace.
  • Ultimus Fund Distributors, LLC is not affiliated with Channing Capital Management, LLC.

VanEck Launches Fund Focused on Environmental Change Including the Accelerating Energy Transition

Wednesday, July 14, 2021 - 2:00pm

VanEck today announced the launch of its newest mutual fund, the VanEck Environmental Sustainability Fund (the Fund, tickers: ENVAX, ENVIX, ENVYX) .

Key Points: 
  • VanEck today announced the launch of its newest mutual fund, the VanEck Environmental Sustainability Fund (the Fund, tickers: ENVAX, ENVIX, ENVYX) .
  • Investors should be taking a holistic view when it comes to environmental sustainability, said Shawn Reynolds, Portfolio Manager for the Fund.
  • As of June 30, 2021, VanEck managed approximately $81.3 billion in assets, including mutual funds, ETFs and institutional accounts.
  • Prior to May 1, 2021, VanEck Global Resources Fund was known as VanEck Global Hard Assets Fund.