iA Financial unveils new segregated fund line-up

by Leo Almazora20 Nov 2019

Asserting its leadership in Canada as the top firm in net segregated fund sales since 2016, iA Financial Group has enhanced its line-up with five new funds that better address current market trends.

The firm has bolstered its options for U.S. equity exposure with two new investment offerings from external managers: Fidelity Investments and Dynamic Funds.

With the Fidelity Insights Fund, iA Financial Group staked a claim as the first firm to offer the strategy from Fidelity Investments as a segregated fund. Meanwhile, with the American (Dynamic) Fund, the firm offers its clients a high-conviction strategy with attractive growth potential.

iA Financial Group is also adding three new specialty funds with additional options:

  • The Emerging Markets Fund from Jarislowsky Fraser, a strategy with excellent risk management that is also making its debut in the segregated fund space;
  • The Global Infrastructure (Dynamic) Fund, described as a highly coveted fund; and
  • The Floating Rate Income Fund, managed by iA Clarington’s Jeff Sujitno, which is designed to minimize risk associated with interest-rate fluctuations.

“These new funds and changes are part of our objective of offering a comprehensive, high performance segregated fund lineup that includes complementary management styles, broader geographic coverage and most of the major asset classes,” said Pierre Vincent, Senior Vice-President, Distribution and Product Development, Individual Insurance Retirement and Savings.

“The assessment and continued monitoring of fund performance also ensure that we can offer several funds found in the first or second quartile depending on the different economic cycles,” Vincent added.

Aside from the advantages brought by segregated funds, iA Financial Group’s new offerings promist to have some of the most competitive management expense ratios. Investors may avail of them in the Classic 75/75 and 75/100 series of the IAG Savings and Retirement Plan as well as My Education+.