City National Rochdale ILW fund hits $179m, shares trade higher post-Ida

The industry-loss warranty (ILW) focused mutual fund strategy offered by investment adviser City National Rochdale (CNR) increased its net assets during the last quarter of record and the share price of the exchange traded fund (ETF) has been rising over recent weeks. The fund, which is largely invested in industry-loss warranties (ILW’s) and also holds […]

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