Oh my! Mackenzie Financial, the biggest mutual-fund family  in Canada, has fired a broadside at exchange-traded funds (ETFs). Financial columnists Ellen Roseman and Jon Chevreau have recently commented on the critique, which can be found on the Mackenzie Financial website under the title ‘I thought I wanted an ETF.’ Here are ...

“Buy. Hold. And Prosper,” goes the catchy slogan for Canadian mutual-fund company AIC Limited. But it may soon have to change to “Buy. Hold. And Fold,” considering the way net redemptions are wreaking Havoc with AIC Funds’ asset base.