Dynamic Funds, managed by GCIC Ltd., Tuesday announced the addition of DynamicEdge Defensive Portfolio and DynamicEdge Conservative Class Portfolio to the DynamicEdge line-up of managed portfolios. The two new portfolios have a higher fixed-income allocation than existing DynamicEdge Portfolios. DynamicEdge Defensive Portfolio features an asset allocation of 80% fixed income and DynamicEdge Conservative Class Portfolio has an asset allocation of 65% fixed income. Related news BMO to launch six new mutual funds The new portfolios are intended to provide advisors with broader asset allocation choices for their clients. DynamicEdge Portfolios offer one ticket access to a broad range of Dynamic mutual funds, diversified by asset class, geographic region, investment style, and market capitalization. Tuesday’s launch coincides with a further diversification of the fixed-income component of certain existing DynamicEdge Portfolios to allow them to take better advantage of Dynamic’s comprehensive line-up of fixed-income funds. Fidelity Investments unveils new climate-focused fund suite IE Staff Facebook LinkedIn Twitter An inhospitable environment for bond ETFs Keywords Fund launches, Fixed-income fundsCompanies Dynamic Funds Share this article and your comments with peers on social media
Global housing prices rise amid pandemic: BIS Tougher stress tests won’t chill housing market: Scotia Facebook LinkedIn Twitter Share this article and your comments with peers on social media Related news GTA home sales down 13% between April and May: TRREB iStock Keywords HousingCompanies National Bank of Canada Seven out of the 11 markets covered saw an increase in prices last month, including Ottawa-Gatineau (1.1%), Vancouver (1%), Toronto (0.9%), Hamilton (0.4%), Quebec City (0.3%), Montreal (0.2%) and Halifax (0.1%). The index was flat for Victoria, while the three Prairie cities — Calgary (−0.1%), Edmonton (−0.6%) and Winnipeg (−0.8%) — saw declines. National Bank warned that cooling prices will continue in future house price indexes after real estate boards revealed a break in activity during the second half of March due to the coronavirus outbreak. Momentum loss is likely to be most prevalent in the metropolitan markets in Central and Eastern Canada, namely Toronto, Hamilton, Ottawa-Gatineau, Montreal and Halifax, which all saw a price increase in March. Maddie Johnson Resale home prices saw an increase in March, according to the latest Teranet-National Bank Composite House Price Index (HPI), released on Monday. The average house price increased by 0.6% for the month, and by 3.8% since March 2019.