New Purchase Options by iA Clarington Investments
iA Clarington Investments Inc. has exciting news for investors and financial advisors. The firm has recently introduced an Active ETF Series option for the iA Clarington Agile Global Total Return Income Fund and a U.S. dollar purchase option for the Series F of both the Agile Global Total Return Income Fund and the Agile Core Plus Bond Fund. These updates form part of the Agile suite of funds, designed to cater to diverse investment needs.
Active ETF Series: A New Avenue for Investment
The Active ETF Series provides investors and their advisors with access to the same high-quality strategies and portfolio management they would expect from iA Clarington mutual funds, but with the flexibility of trading just like stocks on an exchange. This new format offers a streamlined approach for those who prefer liquidity and straightforward investment transactions.
About the Agile Global Total Return Income Fund
The IA Clarington Agile Global Total Return Income Fund, now trading on the Toronto Stock Exchange under the ticker symbol "GTRI," aims to provide income while offering potential for long-term capital appreciation. The fund primarily invests in fixed-income securities from diverse sources such as governments, corporations, and global issuers. The management fee for this ETF series is set at a competitive rate of 0.65%, ensuring cost-effectiveness for investors.
Diverse iA Clarington Fund Offerings
In addition to the Agile Global Total Return Income Fund, the Active ETF Series will be available for several other iA Clarington funds. These include:
- IA Clarington Agile Core Plus Bond Fund (Ticker: ICPB)
- IA Clarington Loomis Global Equity Opportunities Fund (Ticker: IGEO)
- IA Clarington Loomis Global Allocation Fund (Ticker: IGAF)
- IA Clarington Loomis Global Multisector Bond Fund (Ticker: ILGB)
- IA Clarington Loomis Floating Rate Income Fund (Ticker: IFRF)
- IA Clarington Strategic Corporate Bond Fund (Ticker: ISCB)
- IA Clarington Strategic Income Fund (Ticker: ISIF)
- IA Wealth Enhanced Bond Pool (Ticker: IWEB)
Introducing the U.S. Dollar Purchase Option
Another noteworthy launch is the newly available Series F U.S. dollar purchase option, created specifically for clients working with fee-based advisors who need U.S. dollar exposure. With this option, both the Agile Global Total Return Income Fund and the Agile Core Plus Bond Fund will hold their portfolios in U.S. dollars, targeting regular monthly income.
The Unique Features of the Agile Suite
The Agile suite of funds focuses not only on providing enhanced diversification from a wide range of investment opportunities but also on using an active approach that allows for tactical flexibility. This enables investment managers to quickly adapt to changing market conditions and seize lucrative investment opportunities. Risk management strategies, including currency and duration management, are integral in delivering sustainable returns.
Quotes from Leadership
Catherine Milum, President & Chief Executive Officer of iA Clarington, expressed her enthusiasm about these new offerings: "Dan Janis and the Agile team have built a reputation for excellence and we are thrilled to offer investors and advisors more options for accessing their compelling strategies." Such endorsements speak volumes about the quality and ambition behind the Agile suite of funds.
Conclusion
Overall, iA Clarington is committed to providing investment options that meet modern investors' diverse needs. Those looking to explore these new offerings or needing more information can visit the official iA Clarington website for detailed product information and updates on fund performance. With a solid management pedigree and a strategic approach, the Agile suite of funds promises to be an attractive choice for investors.
Frequently Asked Questions
What is the Active ETF Series launched by iA Clarington?
The Active ETF Series is a new offering that allows investors to access the same strategies as mutual funds while trading like stocks.
What funds are included in the Agile suite of iA Clarington?
The Agile suite includes the Agile Global Total Return Income Fund and various other funds such as the Agile Core Plus Bond Fund and Loomis funds.
What advantages does the U.S. dollar purchase option offer?
This option is tailored for investors needing U.S. dollar exposure, making it ideal for those working with fee-based advisors.
What is the management fee for the Active ETF Series?
The management fee for the Active ETF Series is set at 0.65%.
How does the Agile suite support diversification?
The Agile suite provides a broad range of investment opportunities, enhancing diversification through tactical management strategies.
