See who’s running your funds
There have been a lot of changes in the mutual fund world in recent months, including some musical chairs involving prominent managers. Here are a few of the notable changes. If any fund you own has been affected, talk to your financial advisor about appropriate action.
AGF International Value Fund
. Charles Brandes organization replaced by Harris Associates of Chicago.AGF International Stock Fund
. Brandes replaced by John Arnold and Rory Flynn of AGF’s European operation.Altamira Growth & Income Fund, Altamira Balanced Fund.
CI Tactonics Fund.
This was formerly a Spectrum fund, rebranded with the CI name. Karen Bleasby, who development the investment concept, has been replaced by Derek Webb.CI Canadian Equity Fund
. Another former Spectrum fund, it was previously ,managed by McLean Budden. Well-known value manager Kim Shannon is now in charge.Renaissance Canadian Core Value Fund, Renaissance Canadian Small Cap Fund, Renaissance Canadian Balanced Fund, Renaissance Canadian Income Trust Fund.