IA Clarington Investments announced on May 30 several portfolio manager and fund name changes, which are effective immediately.
"We monitor our funds to ensure they are well positioned for the opportunities and complexities of today's market landscape. The changes we've made to our portfolio manager lineup reflect our commitment to offering active, high-conviction solutions tailored to the evolving needs and expectations of our clients," said Eric Frape, Senior Vice-President, Products & Investments, iA Clarington.
The company says that the objective of each affected mandate remains unchanged, adding however, that “the new portfolio management teams will bring to the funds their unique, time-tested investment strategies for pursuing superior outcomes for investors.”
The changes are as follows:
|
Previous fund name |
New fund name |
New portfolio manager(s) |
|
IA Clarington Sarbit U.S. Equity Fund |
IA Clarington U.S. Equity Currency Neutral Fund1 |
Joe Jugovic & Mathew Hermary QV Investors Inc. |
|
IA Clarington Sarbit U.S. Equity Class (Unhedged) |
IA Clarington U.S. Equity Class1 |
Joe Jugovic & Mathew Hermary QV Investors Inc. |
|
IA Clarington Focused U.S. Equity Class |
IA Clarington Thematic Innovation Class |
Jean-Pierre Chevalier Industrial Alliance Investment Management Inc. |
|
IA Clarington Focused Canadian Equity Class |
No change |
Peter Prattas & Michael Formuziewich IA Clarington Investments Inc. |
|
IA Clarington Focused Balanced Fund |
No change |
Dan Bastasic IA Clarington Investments Inc. |
|
IA Clarington Focused Balanced Class |
No change |
Dan Bastasic IA Clarington Investments Inc. |
|
IA Clarington U.S. Dividend Growth Fund |
No change |
Donny Moss Industrial Alliance Investment Management Inc. |
|
IA Clarington U.S. Dividend Growth Registered Fund |
No change |
Donny Moss Industrial Alliance Investment Management Inc. |
|
IA Clarington Global Value Fund |
No change |
Jean-Pierre Chevalier joins Sevgi Ipek & Pierre Chapdelaine Industrial Alliance Investment Management Inc. |
