Why fund managers are piling into offshore investments
Fund managers grew investments in offshore assets such as foreign company stocks, gold, and exchange-traded funds (ETFs) by more than...
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Tencent Beats On Top & Bottom Line Despite AI Investments
Key News Asian equities were mostly higher overnight as Hong Kong and Thailand outperformed, while Australia and Pakistan underperformed. Hong...
AGF Investments Announces June 2025 Cash Distributions for Certain AGF ETFs and ETF Series
TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF Investments) today announced the June 2025 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions, as well as AGF Global Sustainable Growth Equity ETF, which pays quarterly distributions. Unitholders of record on June 30, 2025 will receive cash distributions payable on July 7, 2025. Details regarding the final "per unit” distribution amounts are as follows:ETF Ticker ExchangeCash Distribution Per Unit ($) AGF Enhanced U.S....
Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs
New ETF offers direct exposure to a digital asset used by global financial institutions for cross-border payments TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”), the firm behind the world's first spot Bitcoin ETF and Canada's largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the Purpose XRP ETF, now trading on the TSX under the ticker XRPP. The ETF offers spot exposure to XRP - the native token of the XRP Ledger (XRPL), a decentralized blockchain designed to enable fast, low-cost...
Purpose Investments Inc. Announces May 2025 Distribution for Purpose Global Bond Fund – ETF Units
TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the May 2025 distribution rate for Purpose Global Bond Fund - ETF Units. The May 2025 distribution for Purpose Global Bond Fund - ETF Units will be paid in June 2025. The following table reflects the final distribution amount for the May 2025 distribution for Purpose Global Bond Fund - ETF Units. Ex-distribution date for the May 2025 distribution is June 3, 2025.Open-End Fund Ticker SymbolFinal distributionper unitRecord DatePayable DateDistribution Get the latest news delivered to...
AGF Investments Announces Revised Final Distribution for AGF Systematic Global Multi-Sector Bond ETF
TORONTO, April 25, 2025 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced a revised final distribution amount for AGF Systematic Global Multi-Sector Bond ETF (ticker: QGB) (the "ETF”). This is an update from the distribution previously announced on April 17, 2025.Unitholders of record on April 25, 2025 will receive notional distributions payable in respect of the ETF on April 25, 2025. The final distributions will not be paid in cash but will be reinvested in the form of a notional distribution and reported as taxable. A notional distribution is when the units from...
BlackRock CEO warns Bitcoin could replace US Dollar as global reserve currency, crypto ETFs witness inflows
In an annual letter to investors, BlackRock CEO Larry Fink warned that digital assets could offset America's economic advantage. Fink claims that the US Dollar risks losing its world reserve currency status to digital assets like Bitcoin. CoinShares' weekly report notes that crypto ETFs saw inflows of $225 million last week. BlackRock CEO Larry Fink stated in an annual letter to investors on Monday that the US national debt could cause the Dollar's global reserve status to be replaced with Bitcoin if investors begin to see the digital currency as...