BlackRock Offers Suite Of Balanced Funds


    BlackRock Asset Management Canada Ltd. has launched a suite of seven balanced mutual funds. Its ‘Strategic Portfolio Series,’ built with iShares exchange traded funds (ETFs), is available for purchase in Canada through advisors. Leveraging the firm’s iShares ETF platform, the fund series is designed to provide both advisors and investors with alternative investment strategies during a time of ever changing market conditions. Mary Anne Wiley, managing director, head of iShares, BlackRock Canada. “This new suite of mutual funds will change the way people think about investing and put the emphasis on the asset allocation mix versus that of single stock or manager selection.”