Ainsworth gets fund manager of the year

Article Abstract:

The article discusses the naming of Ian Ainsworth, who manages roughly $3-billion for Altamira Investment Services Inc., as Fund Manager of the year for the second year in a row.

Public affairs, Achievements and awards, Ainsworth, Ian, Altamira Investment Services Inc.

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Fidelity launches a service that lets unitholders defer tax on income

Article Abstract:

A new service offered by Fidelity Investments Canada Ltd. allows investors of mutual funds to defer taxes for several years while receiving a monthly cash flow from the funds. The service is being offered to unitholders in three of Fidelity's funds.

Services introduction, Other Financial Vehicles, Investors, not elsewhere classified, Taxes, Tax Shelter Investment Svcs NEC, Services, Tax shelters, Fidelity Investments Canada Ltd.

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Mutual funds hit hard in April

Article Abstract:

The Investment Funds Institute of Canada, which is led by president and chief executive officer Tom Hockin, reported that net redemptions will range from $1.4 billion to $1.8 billion. The report shows that Canadians are withdrawing from the mutual funds sector.

Forecasts, trends, outlooks, Financial management, Finance, Reports, Company financing, Investment Funds Institute of Canada, Industry forecasts

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