iA Clarington launches active exchange traded fund seriesBy The IJ Staff | October 22 2018 11:30AM
IA Clarington announced that it has launched an Active ETF Series for three of its fixed income funds: IA Clarington Core Plus Bond Fund, IA Clarington Global Bond Fund and IA Clarington Emerging Markets Bond Fund.
The new exchange traded funds began trading on the TSX Oct. 22. The fee structure for Active ETF Series is the same as Series F, the funds' fee-based series.
"With the launch of Active ETF Series, three of iA Clarington's differentiated, high-conviction fixed-income solutions are now available in an attractively priced exchange-traded investment vehicle," said Eric Frape, Senior Vice-President, Product & Investments, iA Clarington.