iA Financial Group announced Oct. 25 the addition of four new global segregated funds to its lineup.
In its income fund lineup, iA has added two new investment options. They are the Fixed Income Managed Portfolio and the Global Multisector Bond (Loomis Sayles). It is offered by iA Financial Group exclusively as a segregated fund in Canada.
The company is also adding two new segregated funds offered by Fidelity Investments. They are the Fidelity Global Innovatorsspecialty equity fund and the Fidelity Multi-Asset Innovation diversified fund. This fund is the combination of two distinct strategies (60% Fidelity Global Innovators/40% Fidelity Multi-Sector Bond Currency Neutral).
"These new funds are part of our goal to guarantee the competitivity of our funds, offer a comprehensive segregated fund lineup that includes complementary management styles, broader geographic coverage and most of the major asset classes. In addition to the advantages provided by segregated funds, each type of investor will likely find something for them," states Renée Laflamme, Executive Vice-President, Individual Insurance, Savings and Retirement.
These new funds are available in the Classic 75/75 and 75/100 series of the IAG Savings and Retirement Plan, as well as in My Education+.
"In these uncertain and volatile times, it is reassuring for investors to be able to count on segregated funds that provide, among other things, protection against market downturns, by guaranteeing 75% to 100% of the amounts invested at maturity or death. For some clients, this protection, which is not available for mutual funds, is a major advantage as it may limit the risks of loss", Laflamme adds.
