WINNIPEG, Dec. 4, 2018 /CNW/ - IG Wealth Management has expanded their partner relationships to include PIMCO Canada Corp. This continues IG's commitment to engage internationally-renowned, high quality asset managers and make them available to its clients.
"IG Wealth Management is thrilled to have one of the world's premier fixed income investment management firms as part of our asset manager group," said Jon Kilfoyle, Senior Vice-President, IG Investments. "PIMCO has a demonstrated track record of innovation and expertise that seeks to create opportunities for investors in every environment."
PIMCO will bring this extensive experience – which it has built upon since its launch in 1971 – to the iProfile Fixed Income Pool, investing primarily in a diversified selection of global government and corporate debt securities.
"We are honoured and excited about our new partnership with IG Wealth Management," said Stuart Graham, President of PIMCO Canada. "As a Canadian leader in wealth management, IG understands the importance of a well-constructed financial plan. We look forward to playing a role in those plans, as we help IG clients achieve their investment objectives."
iProfile is a managed asset program ideal for mass affluent and high net worth investors. iProfile provides individual clients with the same institutional wealth management and diversification opportunities as large pools of capital, such as pension funds, with the added benefit of expert portfolio managers to handle their investments.
About IG Wealth Management
Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of Consultants located across Canada. In addition to an exclusive family of mutual funds and other investment vehicles, IG offers a wide range of other financial services. IG Wealth Management has $85 billion in assets under management as of October 31, 2018 and is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $153 billion in total assets under management as of October 31, 2018.
This is not a solicitation to purchase securities of these funds. Commissions fees and expenses may be associated with mutual fund investments and the use of iProfileTM Managed Asset Program. Please read the prospectus of the mutual funds before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated. These funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm) and Investors Group Securities Inc. (in Quebec, a firm in financial planning). An asset allocation service, iProfile is a managed asset program for clients with a minimum of $250,000 invested in the iProfile program.
TM Trademarks, including IG Wealth Management are owned by IGM Financial Inc. and licensed to its subsidiary corporations.
SOURCE IG Wealth Management
For further information: Media contact: Allan Hiebert, 204-956-8535, [email protected]