The fund-of-fund structures provide access to global equities, fixed income and money markets through selected exchange-traded funds (ETFs), with capped expense ratios.
Ferique Fund Management (Ferique), a Montreal-based mutual fund provider serving engineering professionals, has launched a series of ETF-based mutual fund portfolios on 1 June. The portfolios are structured as funds of funds The offer comprises four funds: the Ferique ETF Moderate+ Portfolio, the Ferique ETF Balanced Portfolio, the Ferique ETF Growth+ Portfolio and the Ferique ETF 100% Equity Portfolio. Ferique said that the portfolios are structured as funds of funds, investing primarily i