AGF Management Limited
Contact: Tyler Chapman, Vice President, Canadian Institutional & Key Account Solutions
Address: 81 Bay St., Ste. 3900, CIBC Square, Tower One, Toronto, ON M5J 0G1
Phone: 416-721-5224
Fax:
Email: [email protected]
Website: www.agf.com
Professional Staff: 55
Established: 1957
Ownership: Principals - 33.25% Public – 62.75%
Minimum Investment – Pooled Accounts: $5M
Separately Managed: $35M
Canadian Institutional Clients: 44
Canadian Institutional Funds: $10,387.27M
Benchmarks Tracked: MSCI World Net Index, S&P/TSX Composite Index, MSCI Emerging Markets Index, MSCI All Country World Net Index, Dow Jones Brookfield Infrastructure Net Index, MSCI EAFE Net Index, S&P 500 Net Return Index, Dow Jones U.S. Thematic Market Neutral Low Beta Index [C$ Hedged], 40% Bloomberg Global High Yield Index (hedged to C$)/40% Bloomberg Emerging Markets US$ Agg Index (hedged to C$) /20% Bloomberg Global Aggregate Index, 50% Bloomberg Global Treasury Index (hedged C$)/50% Bloomberg US Corporate Investment Grade Index (hedged C$)
Transparency Rules: AGF’s website allows investors to access daily price, performance and shares outstanding, fund profiles, monthly portfolio details (Top 10 holdings, sector breakdown, country mix) and quarterly commentary. The disclosure of portfolio holdings to investors within the investment fund marketplace in Canada and in other jurisdictions is governed by regulatory requirements in respect of the disclosure of investment funds’ full and partial portfolio holdings. AGF Investment management subsidiaries have policies in place which provide for guidelines for which the AGF Investment Management Subsidiary may disclose holdings to prospective institutional clients, consultants, rating organizations, analytical service providers.
Worldwide breakdown of your firm by each domiciled region: Canada $1,150.63M, United States - $536.07
Asset distribution by relationship size for Canadian domiciled clients: Corporate - $140.46, Foundation - $51.72M, Fund - $23,170.08M, Pension - $170.85M, Private Client - $6,992.02M, Subsidiary - $6,889.97M, Other - $356.02M
Fund assets under management for Canadian clients
Canadian Equities: Available
US Equities: Available
Global Equities: Available
Emerging Markets Equities: Available
Fixed Income: $1.43M
Infrastructure: $2.76M
U.S. Market Neutral Anti-Beta: $1.22M
Total Assets Managed: $5.42M
BMO Global Asset Management
Contact: Kevin Prins, Managing Director, Head of ETF & Managed Accounts Distribution
Address: 10 King St. W., Toronto, ON M5X 1A1
Phone: 416-947-3703
Fax:
Email: [email protected]
Website: bmogam.com
Professional Staff: 16
Established: 1982
Ownership: BMO Financial Group
Minimum Investment for Institutions: Pooled & Separately Managed Accounts: Negotiable
Manager style: Active, Strategic Beta, Traditional Index
Canadian Institutional Clients: 12
Canadian Institutional Funds: 144
Products Launched in 2022: BMO Japan Index ETF, BMO Brookfield Global Renewables Infrastructure Fund ETF Series, BMO Short-Term Discount Bond ETF, BMO Brookfield Global Real Estate Tech Fund ETF Series, BMO Corporate Discount Bond ETF, BMO All-Equity ETF, BMO Canadian Bank Income Index ETF, BMO Laddered Preferred Share Index ETF (US$ Units), BMO Balanced ETF (T6 Series), BMO Covered Call Canadian Banks ETF (US$ Units), BMO ARK Innovation Fund ETF Series, BMO Monthly Income ETF (US$ Units), BMO ARK Next Generation Internet Fund ETF Series, BMO ARK Genomic Revolution Fund ETF Series, BMO MSCI ACWI Paris Aligned Climate Equity Index ETF, BMO Japan Index ETF (Hedged Units)
Average Management Fees: 0.35
Benchmarks Tracked: Bloomberg Barclays Index, BNY Mellon Index, Dow Jones Index, FTSE Index, MSCI Index, NASDAQ Index, Standard & Poors Index, Shiller Barclays CAPE Index, Solactive Index
Transparency Rules: Full portfolio holdings are disclosed daily and are publicly available on our website: https://www.bmo.com/gam/ca/advisor/products/etfs#--tabs-1553694970691-. Some of our active mandates, however, will only show Top 10 monthly holdings, as opposed to the entire portfolio.
Canadian domiciled mandate mix by client type: Corporation - $1,022,200,279M, Endowment - $296,838,308M, Foundation - $450,490,892M, Insurance - $9,551,743,267M, Sub-advised - $121,867,357,686M, Pension - $2,690,490,206M, Sub-advised - $4,372,636,307M, Trust - $13,856,710M
Asset distribution by relationship size for Canadian domiciled clients: Captive: $133,553,275,226.29M External: $6,712,338,428.7M
Fund assets under management for Canadian clients
Canadian Equities: $23,340,703,471.17M
US Equities: $23,864,392,401.61M
Global Equities: $10,609,988,383.39M
Emerging Markets Equities: $16,885,469,84.74M
Fixed Income: $25,188,743,822.55M
Commodities: $414,350,691.68M
Multi-asset: $486,912,823.16M
Total Assets Managed: $85,593,638,578.3M
Asset Inflows: $6,855,073,995M*
*Net
CIBC Asset Management
Contact: Carlo DiLalla, Managing Director & Head, Institutional Asset Management
Address: 161 Bay St., Ste. 2230, Toronto, ON M5J 2S1
Phone: 416-980-2768
Fax:
Email: [email protected]
Website: www.cibcam-institutional.com
Professional Staff: 85
Established: 1972
Ownership: Wholly owned subsidiary of the Canadian Imperial Bank of Commerce
Minimum Investment – Pooled Accounts: $10M
Separately Managed: $25M
Manager Style: Diverse range of manager styles including beta, quantitative, and active equity/fixed income
Canadian Institutional Clients: 21
Products Planned In 2023: CIBC Canadian Short-Term Bond Index (CSBI), CIBC U.S. Equity Index ETF (C$ Hedged) (CUEH), CIBC International Equity Index ETF (C$ Hedged) (CIEH)
Average Management Fees: 0.39%
Benchmarks Tracked: Morningstar Canada Core Bond Index, Morningstar Canada 1-5 Yr Core Bond Index, Morningstar Global ex-Canada Core Bond Hedged C$ Index, Morningstar Canada Domestic Index, Morningstar US Target Market Exposure Index, Morningstar Developed Markets ex-North America Target Market Exposure Index, Morningstar Emerging Markets Target Market Exposure Index, CIBC Atlas Clean Energy Select Index, Morningstar Developed Markets ex-North America Target Market Exposure Hedged C$ Index, Morningstar US Target Market Exposure Hedged C$ Index
Transparency Rules: The ETF dashboard allows investors to access daily price, performance and outstanding shares, historical prices, monthly NAVPS, fund profiles, monthly portfolio details (Top 10 holdings, sector breakdown, country mix) and quarterly commentary. The disclosure of portfolio holdings to investors within the investment fund marketplace in Canada and in other jurisdictions is governed by regulatory requirements in respect of the disclosure of investment funds’ full and partial portfolio holdings. With the exception of ETF Investment Management, subsidiaries have policies in place which provide for guidelines for which the subsidiary may disclose holdings to prospective institutional clients, consultants, rating organizations, analytical service providers.
Fund assets under management for Canadian clients
Canadian Equities: $147.9M
US Equities: $346.4M
Global Equities: $50.5M
Emerging Markets Equities: $54.6M
Fixed Income: $1,758.4M
International Equities: $94.9M
Balanced: $135.2M
Total Assets Managed: $7.4M
Asset Inflows: $706.3M
Asset Outflows: $987.7M
Desjardins Global Asset Management
Contact: Natalie Bisaillon, Vice President & Chief of Partnerships & Institutional Client Relations
Address: 1, Complexe Desjardins, 20th Floor, South Tower, Montreal, QC H5B 1B2
Phone: 877-353-8686 X5554450
Fax: 514-281-7253
Email: [email protected]
Website: www.dgam.ca
Professional Staff: 22
Established: 1998
Ownership: Wholly owned subsidiary of the Desjardins Group
Manager style: Active, Strategic Beta, Traditional Index, Quantitative
Canadian Institutional Clients: 33
Canadian Institutional Funds: Desjardins Canadian Universe Bond Index ETF; Desjardins Canadian Short Term Bond Index ETF; Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF; Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF; Desjardins Canadian Preferred Share Index ETF; Desjardins RI Active Canadian Bond Low CO₂ ETF; Desjardins RI Canada Low CO₂Index ETF; Desjardins RI USA Low CO₂Index ETF; Desjardins RI Developed ex-USA ex-Canada Low CO₂Index ETF; Desjardins RI Emerging Markets Low CO₂Index ETF; Desjardins RI Canada Multifactor Low CO₂ETF; Desjardins RI USA Multifactor Low CO₂ETF; Desjardins RI Developed ex-USA ex-Canada Multifactor Low CO₂ETF; Desjardins RI Emerging Markets Multifactor Low CO₂ETF; Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF; Desjardins Alt Long/Short Equity Market Neutral ETF
Products Launched in 2022: Desjardins SocieTerra American Equity ETF, Desjardins Alt Long/Short Equity Market Neutral ETF - US$ Hedged, Desjardins Alt Long/Short Global Equity Markets ETF - CA$ Hedged, Desjardins Alt Long/Short Global Equity Markets ETF - US$ Hedged
Average Management Fees: 0.43
Benchmarks Tracked: Solactive Canadian Bond Universe TR Index, Solactive Short-Term Canadian Bond Universe TR Index, Solactive 1-5 Year Laddered Canadian Government Bond TR Index, Solactive 1-5 Year Laddered Canadian Corporate Bond TR Index, Solactive Canadian Rate Reset Preferred Share TR Index, FTSE Canada Universe Bond Index, Scientific Beta Desjardins Canada RI Low Carbon Index, Scientific Beta Desjardins United States RI Low Carbon Index, Scientific Beta Desjardins Dev ex US ex CA RI Low Carbon Index, Scientific Beta Desjardins Emerging RI Low Carbon Index, Scientific Beta Desjardins Canada RI Low Carbon Multifactor Index, Scientific Beta Desjardins United States RI Low Carbon Multifactor Index, Scientific Beta Desjardins Developed ex US ex CA RI Low Carbon Multifactor Index, Scientific Beta Desjardins Emerging RI Low Carbon Multifactor Index, Scientific Beta Desjardins Global RI Fossil Fuel Reserves Free Multifactor Index, S&P Composite 1500 Index, FTSE Canada 91 Day T-Bill TR Index, FTSE 3 Month Treasury Bill
Transparency Rules: Positions published on website. For active ETFs, positions are published with a 30-day lag.
Canadian domiciled mandate mix by client type: Property & casualty & life and health insurance companies, Pension funds, Foundations, Trust companies, Investment funds, Private companies, Public sector entities
Worldwide breakdown of your firm by each domiciled region: All our institutional client are Canadian domiciled.
Asset distribution by relationship size for Canadian domiciled clients: Fixed Income: $58.2B Equities: $10.5B Real Estate: $4.1B Infrastructure:$4.3B
Fund assets under management for Canadian clients
Canadian Equities: $819.3M
US Equities: $219M
Global Equities: $160.6M
Emerging Markets Equities: $238.9M
Fixed Income: $176.5M
Total Assets Managed: $1,614M
Asset Inflows: $292.3M
Asset Outflows: $631.4M
Franklin Templeton
Contact: Bobby Eng, Senior Vice-president-Head of Platform & Institutional ETF Distribution
Address: 200 King St. W., Ste. 1400, Toronto, ON M5H 3T4
Phone: 416-957-6000
Fax:
Email: [email protected]
Website: www.franklintempleton.ca
Professional Staff: 12
Established: 1940
Ownership: Principals – 35% Public – 65%
Manager style: Active, Strategic Beta, Traditional Index
Products Launched in 2022: Franklin Bissett Ultra Short Bond Active ETF (FHIS), Franklin Western Asset Core Plus Bond Active ETF (FWCP)
Average Management Fees: 0.39%
Benchmarks Tracked: FTSE Canada All Cap Domestic Index, S&P/TSX Composite Index, FTSE U.S. Index, Russell 1000® Index, FTSE Japan Index, Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index, Solactive GBS Emerging Markets Large & Mid Cap CAD Index, MSCI World Index-NR, Russell 1000 Growth Index, MSCI EAFE Index, MSCI ACWI ex-REITs Index, S&P 500 Total Return Index, FTSE Canada 0-1 Year Universe Overall Bond Index, FTSE Canada Short Term Overall Bond Index, FTSE Canada Universe Bond Index, Bloomberg Barclays Global Aggregate (100% Hedged into C$) Index, Bloomberg U.S. Aggregate Index (Hedged to C$), FTSE Canada All Corporate Bond Index, S&P Global Infrastructure Index.
Transparency Rules: Passive, Smart Beta, non-feeder active are fully transparent. Feeder of mutual fund ETFs- non transparent
Harvest ETFs
Contact: Caroline Grimont, Vice-president Marketing
Address: 610 Chartwell Rd., Ste. 204, Oakville, ON L6J 4A5
Phone: 416-873-0055
Fax:
Email: [email protected]
Website: harvestportfolios.com
Professional Staff: 4
Established: 2009
Ownership: Principals
Manager Style: ETF-specific, largely active with some rules-based $ index ETFs. Majority of ETF offerings employ an actively managed covered call strategy
Products Launched in 2022: Harvest Diversified Monthly Income ETF (HDIF); Harvest Canadian Equity Income Leaders ETF (HLIF), Harvest ESG Equity Income Index ETF (HESG), Harvest Healthcare Leaders Enhanced Income ETF (HHLE), Harvest Brand Leaders Enhanced Income ETF (HBFE), Harvest Tech Achievers Enhanced Income ETF (HTAE), Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE), Harvest Canadian Equity Enhanced Income Leaders ETF (HLFE)
Products Planned In 2023: Harvest Travel & Leisure Income ETF (TRVI), Harvest Diversified Equity Income ETF (HRIF)
Average Management Fees: 0.77% (Active); 0.46% (Index)
Fund assets under management for Canadian clients
Canadian Equities: $69M
US Equities: $2,651M
Global Equities: $2M
Asset Inflows: $1,292M
Asset Outflows: $323M
Horizons ETFs
Contact: Jonathan McGuire, Assistant Vice-president, ETF Strategy
Address: 55 University Ave., Ste. 800, Toronto, ON M5J 2H7
Phone: 647-289-3324
Fax:
Email: [email protected]
Website: www.horizonsetfs.com
Professional Staff: 70
Established: 2005
Ownership: Wholly-owned subsidiary of the Mirae Asset Financial Group
Manager Style: Active, Strategic Beta, Leveraged, Inverse, and Inverse Leveraged ETFs
Fund assets under management for Canadian clients
Canadian Equities: $6,674,592,962.6M
US Equities: $3,967,711,877.1M
Global Equities: $1,081,524,228.4M
Emerging Markets Equities: $73,973,346.455M
Fixed Income: $5,320,434,654.0M
Commodities: $1,048,185,867M
Total Assets Managed: $22,852,012,322M