Mutual Fund News

TORONTO--(BUSINESS WIRE)--PIMCO Canada Corp. (“PIMCO Canada”), the manager of the PIMCO Canada Funds, will terminate PIMCO Climate Bond Fund (Canada) (the “Fund”), effective on or about August 28, 2026. Investors may redeem their units of the Fund, or switch their units into the same series of another PIMCO Canada mutual fund, up to the close of business on or about August 28, 2026. The Fund is closed to new purchases. PIMCO Canada will send a notice to each investor in the Fund regarding the t...

NEW YORK--(BUSINESS WIRE)--BlackRock has one of the most comprehensive investment platforms in the industry, providing investors with choice to meet their individual needs. Investors continue to turn to BlackRock to unlock the full potential of their portfolios, as evidenced by nearly $2 trillion of net inflows in the past five years globally.1 As we evolve our global investment platform, we also continually assess how our funds are meeting investors’ investment objectives and the needs of our...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies, today announced that its credit platform, Clearlake Credit, will assume management of CLOs managed by LCM Asset Management, LLC. The transaction adds 31 CLOs representing more than $5 billion of assets under management and increases assets managed by Clearlake Cre...

TORONTO--(BUSINESS WIRE)--Forge First Asset Management announces risk rating changes for the CI Forge First alternative mutual funds....

BOSTON--(BUSINESS WIRE)--MFS launched the firm’s 10th and 11th actively managed ETFs, MFS Active International Value ETF and MFS Blended Research Small-Mid Cap ETF....

TORONTO--(BUSINESS WIRE)--CI Global Asset Management announces name changes for nine mutual funds and 28 ETFs previously managed by Invesco Canada....

IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors announces plans to adopt fund management oversight for three City National Rochdale Funds currently managed by RBC Rochdale....

DUBLIN & TOKYO--(BUSINESS WIRE)--As announced in the press release dated 15 January 2026, Mercuria Investment Co., Ltd. (MIC), a subsidiary of Mercuria Holdings Co., Ltd. (MHD), and Airborne Capital Limited (ACL), an Ireland-based aircraft asset management company, had agreed to jointly establish and manage a new open-ended aircraft fund (MACH OE). We are pleased to announce that Development Bank of Japan Inc. has participated in the fund as an anchor investor, and the first closing was success...

TORONTO--(BUSINESS WIRE)--PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2026 May cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on May 22, 2026, will receive per-unit cash distribution payable on or about May 29, 2026. Details of the per-unit cash distribution amount are as follows: Fund Name Ticker Cash Distribution per Unit PIMCO Monthly Income...

NEW YORK--(BUSINESS WIRE)--VegaShares launches Autocallable Income ETF...