IA Clarington U.S. Dollar Floating Rate Income Fund
Reduced MER (est.)
The fund seeks to provide unitholders with a stream of current monthly income in U.S. dollars by investing primarily in senior floating rate loans, other floating rate securities and debt obligations of investment grade and non-investment grade North American and global corporate issuers.
Key Reasons to Invest
- Diversification through senior secured loans and high yield debt securities which are less interest-rate sensitive.
- Maximized risk-adjusted return potential through rigorous, bottom-up credit selection.
- Access to a non-traditional asset class that can be difficult for retail investors to secure.
- USD exposure through U.S. denominated holdings targeting regular, monthly USD income.
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