Invest regularly for savings success.
Our Dollar-Cost Averaging service ("DCA") is a simple way to ensure that you continue to save and invest, without worrying about what’s happening in the markets.
How it works
- You put a lump sum into the IA Clarington Money Market Fund. (A money market fund invests in short-term fixed-interest instruments, and can be easily sold at any time). It’s usually considered a good place to park money in the short term.
- Over the course of a year, that money is switched into an iA Clarington Fund of your choice in equal amounts on a weekly basis.
- At the end of the one-year period, your original amount is completely invested in the iA Clarington Fund you have chosen.
Benefits of the iA Clarington Dollar-cost averaging
You can choose from a wide selection of iA Clarington Funds, including our tax-efficient corporate class solutions. You can participate in the iA Clarington Dollar-Cost Averaging service with as little as a $1,000 initial investment.
Promotes building wealth
Because you're investing on a consistent and regular basis – even during times of high market volatility – you stay focused on your long-term goals.
It's an easy solution that allows you to get invested gradually, without worrying about when is the best time to invest.
For more information, please contact your financial advisor.