2020 Fund Updates
We are making a number of changes to simplify our product shelf and ensure optimal positioning for the opportunities and complexities of evolving markets.
Please see below for a summary of the changes. Important additional details may be found in the PDF document accompanying each listed change.
If you have any questions about these changes, please speak with your financial advisor.
Fund name changes (effective June 29, 2020)
| Previous name | New name | Additional details |
|---|---|---|
| IA Clarington Bond Fund | IA Wealth Core Bond Pool* | Download PDF |
| IA Clarington Global Allocation Class | IA Clarington Loomis Global Allocation Class | Download PDF |
| IA Clarington Global Allocation Fund | IA Clarington Loomis Global Allocation Fund | Download PDF |
*Please note that series changes have been made to IA Wealth Core Bond Pool.
Portfolio manager changes (effective June 29, 2020)
| Fund | New portfolio manager(s) | Additional details |
|---|---|---|
| IA Clarington Canadian Conservative Equity Class | Donny Moss, Industrial Alliance Investment Management Inc. | Download PDF |
| IA Clarington Canadian Conservative Equity Fund | Donny Moss, Industrial Alliance Investment Management Inc. | Download PDF |
| IA Clarington Global Opportunities Class | Eileen Riley & Lee Rosenbaum, Loomis, Sayles & Company, L.P. | Download PDF |
| IA Clarington Global Opportunities Fund | Eileen Riley & Lee Rosenbaum, Loomis, Sayles & Company, L.P. | Download PDF |
| IA Clarington Global Yield Opportunities Fund | Clément Gignac, Industrial Alliance Investment Management Inc.* | Download PDF |
*With this change, Clément Gignac assumes lead portfolio manager responsibilities. Previously he was co-lead manager.
Fund mergers
| Terminating fund* | Continuing fund | New portfolio manager(s), effective June 29, 2020 | Proposed merger date | Additional details |
|---|---|---|---|---|
| IA Clarington Growth & Income Fund | IA Clarington Strategic Income Fund | Dan Bastasic, iA Clarington | September 25, 2020 | Download PDF |
| IA Clarington North American Opportunities Class | IA Clarington Canadian Small Cap Fund | Ian Cooke & Joe Jugovic, QV Investors Inc. | November 27, 2020 | Download PDF |
| IA Clarington Focused Canadian Equity Class | IA Clarington Canadian Small Cap Fund | Ian Cooke & Joe Jugovic, QV Investors Inc. | November 27, 2020 | Download PDF |
*Effective June 29, 2020, the proposed terminating funds will be closed to new investors. Proposed mergers are subject to regulatory and other approvals.
Fund terminations (effective September 11, 2020)
| Terminating fund | Additional details |
|---|---|
| Forstrong Global Strategist Balanced Fund | Download PDF |
| Forstrong Global Strategist Growth Fund | Download PDF |
| Forstrong Global Strategist Income Fund | Download PDF |
| IA Clarington U.S. Equity Opportunities Fund | Download PDF |
Guaranteed Investment Fund (GIF) name and portfolio manager change (effective June 29, 2020)
| Previous name | New name | New portfolio managers | Additional details |
|---|---|---|---|
| IA Clarington Global Opportunities GIF | IA Clarington Loomis Global Equity Opportunities GIF | Eileen Riley & Lee Rosenbaum, Loomis, Sayles & Company, L.P. | Download PDF |
