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Guardian Capital Group Limited Closes the Market

GFGE · Price
Executive Summary
- Guardian Capital LP (GCLP) has launched three new Exchange Traded Funds (ETFs) on the Toronto Stock Exchange (TSX).
- The launch includes a new global equity fund and retail ETF series for existing Canadian equity income and short duration bond strategies.
Key Details
- New ETFs Launched:
- Guardian Fundamental Global Equity Fund (TSX: GFGE): Sub-advised by GuardCap; designed to provide exposure to a concentrated global equity portfolio of the manager's best ideas.
- Guardian Canadian Equity Income Fund (TSX: GCEI): Launched as a retail ETF series.
- Guardian Short Duration Bond Fund (TSX: GSDB): Launched as a retail ETF series.
- Corporate Structure: GCLP is a subsidiary of Guardian Capital Group Limited, which is a wholly owned subsidiary of Desjardins Global Asset Management Inc. (part of the Desjardins Group).
- Asset Scale: The parent organization, Desjardins Group, has C$280 billion in Assets Under Management (AUM) and Assets Under Administration (AUA).