New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Manulife Canada has added eight new segregated funds and expanded access to 11 existing strategies, combining investment exposure with insurance protection, estate planning and wealth-transfer benefits. New ETF-based options include the Manulife Smart International Dividend ETF, Smart Short-Term Bond ETF, BlackRock Core Equity ETF and Invesco NASDAQ 100 ETF segregated funds. The BlackRock strategy provides an all-in-one portfolio spanning Canadian, US, international and emerging-market equities, while the Invesco fund targets Nasdaq-100 companies. Manulife is also broadening availability of four existing ETF-based strategies: Smart Balanced Dividend ETF Bundle, Smart Corporate Bond ETF, Smart Dividend ETF and Smart U.S. Dividend ETF segregated funds.
Source: Press Release
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
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