New mandate has flexibility to adapt to a changing environment.
WINNIPEG, Dec. 20 /CNW/ - Investors Group has announced the launch of a new fixed income mandate. Investors Fixed Income Flex Portfolio aims to provide current income by investing in a diversified set of underlying funds that invest primarily in fixed income securities. The Portfolio provides flexibility for the portfolio advisor (I.G. Investment Management, Ltd.) to actively vary the allocation between underlying funds over time as the interest rate and credit environment evolves.
"Fixed income holdings are a critical component of an investor's overall portfolio strategy and this new Portfolio is intended to provide investors with diversification across their fixed income holdings." said John Wiltshire, Investors Group Senior Vice-President, Product and Financial Planning. "Having the flexibility to adjust the underlying type of investments, particularly in the current environment, is a key feature of this new offering and a definite advantage to investors."
The Investors Fixed Income Flex Portfolio is expected to be available for sale early in 2011, once all required regulatory approvals have been received.
A preliminary simplified prospectus relating to the new Portfolio has been filed (or is in the process of being filed) with Canadian securities commissions or similar authorities. You cannot buy units of the new Portfolio until the relevant securities commissions or similar authorities issue receipts for the simplified prospectus of the fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The Portfolio will be 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.)
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 4,600 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group 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 $125 billion in total assets under management.
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