iA Clarington Investments Inc. has announced the launch of an Active ETF Series option for IA Clarington Loomis Global Multisector Bond Fund, which is sub-advised by Boston-based Loomis, Sayles & Company, L.P.
The Active ETF Series of the Fund will begin trading on the Toronto Stock Exchange under the ticker symbol ILGB Aug. 25. The fee structure is the same as Series F, the Fund's fee-based series.
"We are very pleased to offer investors and advisors an additional exchange-traded option for accessing the expertise of our partners at Loomis Sayles. Along with IA Clarington Loomis Global Allocation Fund, the IA Clarington Loomis Global Multisector Bond Fund provides high-conviction, active exposure to a broad range of asset class and regional opportunities," said Adam Elliott, Chief Executive Officer, President & National Sales Manager, iA Clarington.