New actively managed offerings designed to complement investors' portfolios through exposure to non-traditional asset classes and regions
TORONTO, Sept. 8, 2016 /CNW/ - IA Clarington Investments Inc. (iA Clarington) announced today that it has launched three new funds which are intended to complement investors' traditional portfolios and to provide enhanced risk-adjusted return potential. The funds will be sub-advised by Forstrong Global Asset Management Inc. (Forstrong), led by Tyler Mordy, President & CIO and Portfolio Manager at Forstrong.
The three funds are:
- Forstrong Global Strategist Income Fund – Designed for investors seeking to enhance portfolio income generation.
- Forstrong Global Strategist Growth Fund – Designed for investors seeking to enhance portfolio growth.
- Forstrong Global Strategist Balanced Fund – Designed for investors seeking a standalone balanced approach to global investing.
The funds are designed to complement the portfolios of Canadian investors by providing them with the opportunity to gain exposure to non-traditional asset classes and regions.
"There can be a 'home bias' among Canadian investors, leaving them potentially over-exposed to sector-concentrated domestic markets," said Eric Frape, Senior Vice President, Products & Investments, at iA Clarington. "The funds we're introducing today are intended to help diversify portfolios by adding exposure to asset classes that can typically be under-represented within Canadian investors' holdings."
The actively managed funds are intended to provide investors access to investment opportunities across diverse global regions, including developing markets. They invest across a broad spectrum of under-represented global asset classes and regions, including global real estate and currency.
"Our approach seeks to add diversity and differentiation to the typical core holdings of Canadian investors, primarily through exposure to non-traditional sources of alpha identified through our macro asset allocation strategy," said Mordy.
Added Frape: "The macro asset allocation strategy which Forstrong utilizes involves long-term analysis of global super trends in the pursuit of returns and risk management. The introduction of these funds is another example of our ongoing commitment to providing relevant and timely, actively managed investing options to Canadian investors."
About IA Clarington Investments Inc.
As 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, socially responsible investments and target date funds. As of July 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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