iA Clarington Investments announces changes to enhance its lineup of actively managed mutual funds

TORONTO, June 29, 2020 /CNW/ - IA Clarington Investments Inc. ("iA Clarington") today announced a number of fund name changes, portfolio manager changes, proposed fund mergers, and fund terminations.

"We always strive to ensure that our lineup of high-conviction, actively managed mutual funds remains aligned to the expectations of investors, and optimally positioned for evolving market conditions. We also aim to make it as simple and straightforward as possible for investors and their advisors to navigate our product shelf and identify the solutions best suited to their needs. The changes we're announcing today are undertaken with both of these goals in mind," said Adam Elliott, Senior Vice-President & National Sales Manager, iA Clarington.

Please see below for a summary of the changes. Important additional details may be found at iaclarington.com/FundUpdates

Fund name changes (effective June 29, 2020)

Previous name	New name
IA Clarington Bond Fund	IA Wealth Core Bond Pool*
IA Clarington Global Allocation Class	IA Clarington Loomis Global Allocation Class
IA Clarington Global Allocation Fund	IA Clarington Loomis Global Allocation Fund

*	Please note that there are series changes to IA Wealth Core Bond Pool, including the merging of Series F into Series FX on or about July 24, 2020. Visit iaclarington.com/FundUpdates for details.

Portfolio manager changes (effective June 29, 2020)

Fund	New portfolio manager(s)
IA Clarington Canadian Conservative Equity Class*	Donny Moss, Industrial Alliance Investment Management Inc.
IA Clarington Canadian Conservative Equity Fund*	Donny Moss, Industrial Alliance Investment Management Inc.
IA Clarington Global Opportunities Class*	Eileen Riley & Lee Rosenbaum, Loomis, Sayles & Company, L.P.**
IA Clarington Global Opportunities Fund*	Eileen Riley & Lee Rosenbaum, Loomis, Sayles & Company, L.P.**
IA Clarington Global Yield Opportunities Fund	Clément Gignac, Industrial Alliance Investment Management Inc.***

*	Closed to new investors. **Certain series will have fee waivers.  ***With this change, Clément Gignac assumes lead portfolio manager responsibilities. Previously he was co-lead manager.

Fund mergers

Terminating fund*	Continuing fund	New portfolio manager(s), effective June 29, 2020	Proposed merger date
IA Clarington Growth & Income Fund	IA Clarington Strategic Income Fund	Dan Bastasic, iA Clarington	September 25, 2020
IA Clarington North American Opportunities Class	IA Clarington Canadian Small Cap Fund	Ian Cooke & Joe Jugovic, QV Investors Inc.	November 27, 2020
IA Clarington Focused Canadian Equity Class	IA Clarington Canadian Small Cap Fund	Ian Cooke & Joe Jugovic, QV Investors Inc.	November 27, 2020

*	Effective June 29, 2020, the proposed terminating funds will be closed to new investors.

Fund terminations (effective September 11, 2020)

Terminating fund

Forstrong Global Strategist Balanced Fund

Forstrong Global Strategist Growth Fund

Forstrong Global Strategist Income Fund

IA Clarington U.S. Equity Opportunities Fund

Guaranteed Investment Fund (GIF) name and portfolio manager change (effective June 29, 2020)

Previous name	New name	New portfolio managers
IA Clarington Global Opportunities GIF	IA Clarington Loomis Global Equity Opportunities GIF	Eileen Riley & Lee Rosenbaum, Loomis, Sayles & Company, L.P.

About IA Clarington Investments Inc.
A 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, Active ETF Series and socially responsible investments. As of May 30, 2020, iA Clarington has more than $14 billion in assets under management. For more information, please visit iaclarington.com

About iA Investment Management Inc.
Industrial Alliance Investment Management Inc. (iA Investment Management) operates as a subsidiary of Industrial Alliance Insurance and Financial Services Inc. It was founded in 2004 and is based in Quebec. With over 100 investment professionals, iA Investment Management manages general portfolios, segregated funds and mutual funds for the Industrial Alliance group. As of March 31, 2020, iA Investment Management has $97 billion in assets under management.

About Loomis, Sayles & Company, L.P.
Since 1926, Loomis, Sayles & Company has helped fulfill the investment needs of institutional and mutual fund clients worldwide. The firm's performance-driven investors integrate deep proprietary research and integrated risk analysis to make informed, judicious decisions. Teams of portfolio managers, strategists, research analysts and traders collaborate to assess market sectors and identify investment opportunities wherever they may lie, within traditional asset classes or among a range of alternative investments. Loomis Sayles has the resources, foresight and the flexibility to look far and wide for value in broad and narrow markets in its commitment to deliver attractive sustainable returns for clients. This rich tradition has earned Loomis Sayles the trust and respect of clients worldwide, for whom it manages $271.9 billion USD* in assets (as of March 31, 2020).

About QV Investors Inc.
QV Investors Inc. is an independent, Canadian investment manager committed to providing excellence in security selection, portfolio management and client communication. Founded in 1996, QV stands for "Quality" and "Value". These characteristics resonate through the firm's culture and investment principles, from the analysis of investments to the competitive fees that it offers to clients. QV manages money on behalf of pension funds, insurance companies, mutual fund companies, foundations, endowments and high-net-worth private clients. As of May 30, 2020, QV Investors manages over $6 billion in assets. For more information, visit www.qvinvestors.com

*

Includes the assets of Loomis, Sayles & Co., L.P., and Loomis Sayles Trust Company, LLC. Loomis Sayles Trust Company is a wholly owned subsidiary of Loomis, Sayles & Company, L.P. Loomis Sayles is the trade name of Loomis, Sayles & Company, L.P. Effective February 23, 2015, the sub-advisor of IA Clarington Loomis Global Allocation Fund changed from Aston Hill Asset Management Inc. to Loomis, Sayles & Company, L.P. and IA Clarington Investments Inc. Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with mutual fund investments, including investments in exchange-traded series of mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The iA Clarington Funds are managed by IA Clarington Investments Inc. iA Clarington and the iA Clarington logo are trademarks of Industrial Alliance Insurance and Financial Services Inc. and are used under license.

SOURCE IA Clarington Investments Inc.

Rob Martin, VP, Marketing & Communications, iA Clarington Investments, [email protected], T: 416-860-9880 ext. 8070

Related Links

www.iaclarington.com