Elliott & Page to cap fund
Article Abstract:
Elliott & Page Ltd., a Toronto, Ontario-based subsidiary of Manufacturers Life Insurance Co. of Toronto, has announced it intends to cap Elliott & Page Equity Fund, its flagship fund valued at C$640.5-million, by Dec. 31, 1998. However, investors who hold preauthorized checking purchase plans will still be allowed to buy units in Elliott & Page Equity Fund. Elliott & Page said it also plans to introduce five new plans in November 1998 and phase out three others on Oct. 31, 1998. The new funds include the Elliott & Page Sector Rotation Fund, Elliott & Page Active Bond Fund, Growth Opportunities Fund, Generation Wave Fund and European Equity Fund while those funds that the company will eliminate are the Elliott & Page Bond Fund, Elliott & Page Global Balanced Fund and the Elliott & Page Balanced Fund.
Comment:
Announces it intends to cap Elliott & Page Equity Fund, its flagship fund valued at C$640.5-million, by Dec. 31, 1998
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Dundee Wealth strikes deal to buy Peelbrooke shares
Article Abstract:
Dundee Wealth Management Inc, which offers financial planning services and brokerage services and also runs a mutual fund firm, reached an agreement to buy the shares of Peelbroke Capital Inc for around C$39 million. Peelbroke is the new name for the parent of former brokerage firm Marleau Securities Inc, which stopped operating in 1998 due to several financial problems.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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