Trailing commission options
Series A
- Standard series of any fund available to all investors
- Minimum $500 initial investment per fund
- Available in a front-end load purchase option (investor pays a negotiated upfront commission to the dealer and advisor)
- Dealers and advisors receive trailing commissions from iA Clarington
Series B
- Other than management and administration fees, Series B (excluding IA Clarington Money Market Fund) has the same general features as Series A
- Available in a front-end load purchase option (investor pays a negotiated upfront commission to the dealer and advisor)
- Dealers and advisors receive trailing commissions from iA Clarington
- IA Clarington Money Market Fund Series B requires a $100,000 minimum investment
Series T
- Pays a monthly distribution based on an annual target yield
- Available with annual target yields of 4% (T4), 5% (T5), 6% (T6) and 8% (T8)
- Targets a set distribution rate for the year as a percentage of the previous year-end Net Asset Value; yield is adjusted annually in January if results deviate more than 1% from target
- Minimum $500 initial investment per fund
- Available in a front-end load purchase option (investor pays a negotiated upfront commission to the dealer and advisor)
- Dealers and advisors receive trailing commissions from iA Clarington