Market Opens

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 Unconstrained Bond Fund (TSX:CUBD). CUBD seeks to generate income and the potential for long-term capital appreciation by investing primarily in a diversified portfolio of fixed-income securities of any credit quality, issued by companies or governments of any size, located anywhere in the world. The ETF’s “unconstrained” mandate allows for enhanced diversification and flexibility, leveraging the CI GAM fixed-income team’s capabilities in security section, duration construction and asset allocation. CI GAM is Canada’s fifth-largest ETF provider with approximately $21.2 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.

The team at RBC iShares, led by Steven Leong, Director, Head of Canada iShares Product, BlackRock, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange, to close the market today to celebrate the launch of iShares S&P 500 3% Capped Index ETF (TSX:XUSC and XUSC.U) and iShares S&P 500 3% Capped Index ETF – CAD Hedged (TSX:XSPC). These new ETFs will be managed by BlackRock Canada. These ETFs are the first of their kind, seeking to provide Canadian investors and advisors with greater choice and diversification options for their investment portfolios. They are designed to address growing concerns of mega cap company concentration risk within the S&P 500 by capping securities in the index at 3% weight. RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. RBC iShares is a strategic alliance formed in 2019 between RBC Global Asset Management and BlackRock Canada. RBC iShares provides the largest suite of ETFs to Canadians, and leverages the combined investment expertise of Canada’s largest asset manager and the world’s largest ETF provider to help advisors build efficient portfolios that meet the needs of their clients.

Riva Walia, Founding Managing Director, France-Canada Chamber of Commerce (FCCCO) along with Her Worship Olivia Chow, Mayor of Toronto, Bertrand Pous, Consul General - France in Toronto, the Honourable Natalia Kusendova-Bashta, Minister of Long-Term Care, Government of Ontario and their member companies joined David Clarke, Head of Government Affairs,TMX Group, to mark Bastille Day and open the market. FCCCO is a prestigious non-profit organization under the aegis of Ambassador of France to Canada, Embassy of France, and Chambre de Commerce et d'industrie (CCI) France International. Working hand in hand with the French and Canadian government, they support growth of bilateral trade and commerce between France and Canada contributing towards trade of more than $10 Billion each year.

George Mavroudis, CEO and President, Guardian Capital Group (TSX: GCG) and his team joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange, to celebrate the Company’s 55-year listing anniversary and open the market. Guardian Capital Group Limited (Guardian) is a global investment management company servicing institutional, retail and private clients through its subsidiaries. As at March 31, 2024, Guardian had C$61.3 billion of total client assets while managing a proprietary investment portfolio with a fair market value of C$1.25 billion. Founded in 1962, Guardian’s reputation for steady growth, long-term relationships and its core values of authenticity, integrity, stability and trustworthiness have been key to its success over six decades. Its Common and Class A shares are listed on the Toronto Stock Exchange as GCG and GCG.A, respectively.