Market Opens
CI Global Asset Management Opens the Market
Tuesday, May 28, 2024
Members of the CI Global Asset Management (CI GAM) team joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of CI Global Artificial Intelligence Index ETF (TSX: CIAI). CIAI seeks to maximize long-term capital appreciation by investing primarily in global equity securities of companies that are actively involved in the research, development and application of artificial intelligence technologies. CI GAM has also reduced the management fee of CIAI to 0.20% from 0.55% until the earlier of one year after launch or until CIAI reaches $1 billion in assets under management. As a result of the fee waiver, CIAI will begin trading with the lowest management fee of any artificial intelligence-focused ETF in the Canadian marketplace. CI GAM is Canada’s fifth-largest ETF provider with approximately $21.5 billion in assets under management in more than 80 ETFs (as at March 31, 2024). CI GAM’s ETF lineup is highly diversified and includes beta, smart beta, asset allocation, managed volatility, actively managed, liquid alternatives, digital assets, covered calls, ESG and other thematic mandates.Canadian Council for Aboriginal Business Opens the Market
Monday, May 27, 2024
Tabatha Bull, President and CEO at Canadian Council for Aboriginal Business (CCAB), their team, and a selected group of stakeholders, joined Jay Rajarathinam, Chief Operating Officer at TMX Group to open the market and kick off the Canadian Council for Aboriginal Business (CCAB) conference in Toronto, celebrating their 40th anniversary. CCAB is committed to the full participation of Indigenous peoples in Canada’s economy. As a national, non-partisan association, its mission is to promote, strengthen and enhance a prosperous Indigenous economy through the fostering of business relationships, opportunities, and awareness. CCAB offers knowledge, resources, and programs to its members to cultivate economic opportunities for Indigenous peoples and businesses across Canada.Canadian Annual Derivatives Conference Opens the Market
Thursday, May 23, 2024
Representatives from Aviso Wealth, FIS Global, ION Markets, Jane Street, National Bank Financial Markets, RBC Capital Markets, RJ O’Brien, Scila AB, Société Générale, Susquehanna International Group,Trading Technologies, and Wolverine Execution Services (WEX), joined Luc Fortin, President and Chief Executive Officer, Montreal Exchange and Global Head of Trading, TMX Group, to open the market and celebrate the 23rd edition of the Canadian Annual Derivatives Conference (CADC). CADC is an unparalleled opportunity to forge connections with the who's who of Canadian derivatives. Attendees can delve into key developments in equities, fixed income, technology, regulation and clearing.Fidelity Investments Canada Closes the Market
Wednesday, May 22, 2024
Andrew Clee, Vice President, Product at Fidelity Investments Canada ULC (Fidelity) and his team joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market and celebrate the launch of four new ETF series of: Fidelity Global Equity+ Fund (TSX: FGEP), Fidelity Tactical High Income Fund (TSX: FTHI), Fidelity Emerging Markets Fund (TSX: FCEM), and Fidelity Global Equity+ Balanced Fund (TSX: FGEB). Fidelity offers investors and institutions a range of innovative and trusted investment products, including mutual funds and exchange-traded funds, to help them reach their financial and life goals. Our clients have entrusted us with $242 billion in assets under management (as at May 14, 2024).Structured Finance Association Opens the Market
Wednesday, May 22, 2024
Representatives of the SFCanada 2024 Conference joined Sofia Petrossian, Director, Structured Finance, Toronto Stock Exchange, to open the market and celebrate Structured Finance Canada’s 2024 conference. With more than 370 member institutions comprising accounting firms, broker/dealers, diversified financial intermediaries, investors, issuers, IT vendors, law firms, mortgage insurers, other small financial institutions, rating agencies, servicers, and trustees, SFA is the leading voice for the securitization industry. SFA is focused on helping grow the real economy and improving the lives of individuals, families, businesses, and communities across the nation; helping make credit more affordable and available to people who need it to finance some of life’s biggest goals — education, car purchases, starting a business, buying a home — or reduce their debt through consolidation loans; safeguarding essential protections for consumers and the financial system; facilitating valuable dialogue among the financial services market, its practitioners, policymakers and the broader public; and recognizing that all finance entails risk, but it should not involve recklessness.
