TORONTO, Jan. 17, 2013 /CNW/ - IA Clarington Investments Inc. ("IA Clarington" or the "Company") is pleased to announce the launch of a Dollar-Cost Averaging Service (the "Service") ideally suited for investors who want to invest gradually in the markets.
The Service is available on 21 IA Clarington mutual and corporate class funds including the Company's popular Strategic fund family managed by Dan Bastasic, the Focused fund family managed by David Taylor and the Tactical fund family managed by Ben Cheng.
"Our new Service enables investors to systematically invest in the markets throughout the year, which can have advantages over making a single lump-sum investment," said Eric Frape, IA Clarington's Senior Vice-President of Products and Investments. "Dollar-cost-averaging can help mitigate volatility in markets, benefitting investors as more fund units can be purchased when prices are low and fewer when prices rise."
Benefits of the IA Clarington Dollar-Cost Averaging Service
- SIMPLE - Investors benefit from a wide selection of IA Clarington funds, including corporate classes
- CONSISTENT - Investors automatically invest consistent amounts each week taking the worry out of market timing and volatility
- CONVENIENT - Investors can participate in the IA Clarington Dollar-Cost Averaging Service with as little as a $1,000 initial investment
- FREE - there is no cost to investors to participate in the program.
About IA Clarington
IA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., markets a wide range of investment products, including mutual funds and segregated funds managed by leading portfolio advisors. IA Clarington managed more than $11 billion in assets as at December 31, 2012. www.iaclarington.com
SOURCE: IA Clarington Investments Inc.
For further information:
1-800-385-5451 ext. 251
Client and Advisor inquiries
1-877-FUND-IAC (1-877-386-3422), Option 1