One-ticket solution designed to help advisors match portfolios to investors' target-risk profiles
TORONTO, April 27, 2016 /CNW/ - IA Clarington Investments Inc. (iA Clarington) announced today that it has launched a new managed asset program consisting of five broadly diversified portfolios using a fund of fund structure. IA Clarington Managed Portfolios are designed to be an easy-to-use, one-ticket solution to help advisors align their clients with a portfolio that's suited to their individual risk profiles. The Portfolios will be managed by Clément Gignac, Chief Economist for iA Financial Group and Portfolio Manager for Industrial Alliance Investment Management Inc.
"We are very excited to offer the IA Clarington Managed Portfolios to investors. This new program comes at a time when equity market volatility and historically low interest rates continue to pose challenges for investors, both in their investment planning and in their resolve to stay fully invested and aligned to their risk profiles. IA Clarington Managed Portfolios combine all the elements that investors need in an actively managed investment program, with the added benefit of oversight from Clement Gignac, a well-regarded economist and experienced asset allocation specialist. We are confident that this well-diversified and flexible portfolio solution will help Canadian investors stay the course in pursuit of their investment goals in an increasingly complex investment landscape," said Eric Frape, Senior Vice President, Products & Investments at iA Clarington.
As one of Canada's leading economists, Mr. Gignac has more than 30 years' of experience in both the private and public sectors. His experience includes acting as special counsel to the Federal Ministry of Finance, representing Canada on the G20 taskforce, and he is a standing member of the Conference of Business Economists in Washington, D.C.
As portfolio manager and lead asset allocator, Mr. Gignac and his team will employ an active and diligent asset allocation process that is rooted in economics. "My process focuses on the analysis of global economic and market conditions and my goal is to add value through asset allocation decisions. In addition, I monitor the performance of the underlying asset class specialists who are focused on meticulous security selection," said Clément Gignac, Senior Vice President and Chief Economist, Industrial Alliance Insurance and Financial Services Inc.
The five portfolios aim to provide broad diversification built for an investor's target-risk profile. The portfolios include:
- IA Clarington Conservative Portfolio
- IA Clarington Moderate Portfolio
- IA Clarington Balanced Portfolio
- IA Clarington Growth Portfolio
- IA Clarington Maximum Growth Portfolio
IA Clarington Managed Portfolios offer:
- Choice across a range of five broadly-diversified, multi-asset portfolios
- One-ticket diversification aligned to an investor's risk profile
- Active management of security selection, tactical asset allocation and foreign currency exposure
- Daily portfolio monitoring with ongoing rebalancing to maintain designated target-risk levels
- In-depth reporting
About IA Clarington Investments Inc.
As a wholly owned subsidiary of Industrial Alliance Insurance and Financial Services Inc. – Canada's fourth-largest life and health insurance company – iA Clarington offers a wide range of investment products, including actively managed mutual funds, managed portfolio solutions, socially responsible investments and target date funds. As of March 31, 2016, iA Clarington has more than $13 billion in assets under management, for more information please visit www.iaclarington.com
SOURCE IA Clarington Investments Inc.
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