CI Mutual Funds Inc. and AIC Limited will face another trial to determine damages, which the counsel for the plaintiffs in the 17-year-old class-action lawsuit say could total as much as $674-million.The ruling stems from a 2003 Ontario Securities Commission investigation involving five Canadian financial services companies. All five, including IG Investment Management Ltd., Franklin Templeton Investments Corp., and AGF Funds Inc.
That means an ETF that tracks the S&P 500, for example, invests in S&P 500 listed companies according to their current market value. Weightings in Apple or Microsoft are adjusted in the ETF within hours as their market values fluctuate. Determining how much of any company is in a market-weighted ETF at any time is as simple as calling up the index.Another reason for the flight to ETFs are annual fees that are a fraction of mutual fund fees, which leaves more of an investment invested.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Canada will not retrospectively target Chinese investments in Canadian mining companies, Minister saysCanada will not force Chinese state-investors in three of its large mining companies to divest stakes, as such a move would create policy uncertainty, Natural Resources Minister told Reuters. In November, Canada had asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers following a national security review, drawing criticism from the mining industry and raising questions about the future of other Chinese investments in Canadian mining sector.
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