The liquid alternative fund offers Canadian investors a new way of generating enhanced returns from the U.S. equity market, the firm says
The new functions add to existing insurance and savings services
Management fees range from 0.45% to 0.80%
The company will also launch a new Active ETF Series and streamline its fee-based offering
The changes follow the resignation of Terry Thib
The investment strategy and subadvisor for IA Clarington Global Allocation Fund remain the same
With a new subadvisor, IA Clarington Global Multi-Asset Fund introduces an actively managed, global multi-asset strategy
New subadvisor invests across a wide variety of regions and asset classes
The changes affect Series F, F5, EF and EF5
The firm is also introducing three fixed-income mutual funds, with PineBridge managing two of them