Fee-based options

Series F

  • Available to investors who have signed a fee-based agreement with their advisor
  • No sales charge, no redemption fee, no trailer fee, lower MER than retail series

Series EF (Elite Pricing)

  • Partially unbundled fee option available to investors who have signed a fee-based agreement with their advisor
  • Minimum $100,000 initial investment per fund
  • Tiered management fee reductions as account balances grow
  • No sales charge, no redemption fee, no trailer fee, lower MER than Series F

Trailer fee options

Series A

  • Standard series of any fund available to all investors
  • Minimum $500 initial investment per fund
  • Available in FE, LL, and DSC options
  • For LL and DSC, iA Clarington covers the upfront sales commission paid to the dealer and advisor; for FE, the investor pays a negotiated upfront commission to the dealer and advisor
  • Dealers and advisors receive trailer fees from iA Clarington (FE, LL, DSC)

Series B

  • Available to investors who invest through an FE purchase option
  • Other than the purchase option, management and administration fees, Series B (excluding IA Clarington Money Market Fund) has the same general features as Series A
  • IA Clarington Money Market Fund Series B requires a $100,000 minimum investment

Series E (Elite Pricing)

  • Front-end series with standard trailer fees
  • Minimum $100,000 initial investment per fund
  • Lower initial management fees than Series A/T
  • Tiered management fee reductions as account balances grow

Series L and LM

  • Available to clients of Investia, FundEX, HollisWealth and iA Securities advisors who sign a Series L agreement
  • Minimum $500 initial investment per fund
  • Investors pay no fees if they redeem during the schedule
  • Dealer and advisor receive a 3% upfront commission from iA Clarington
  • Dealer pays a redemption fee (declining scale) if investor redeems within 3 years
  • No trailer fee paid in first year

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 FE, LL, and DSC options

Series M

  • Series for Distinction Portfolios
  • Minimum $15,000 initial investment per fund
  • Lower management fees than Series A
  • Available in FE, LL, and DSC options
  • For LL and DSC, iA Clarington covers the upfront sales commission paid to the dealer and advisor; for FE, the investor pays a negotiated upfront commission to the dealer and advisor
  • Dealers and advisors receive trailer fees from iA Clarington (FE, LL, DSC)

Unbundled option

Series P (Elite Pricing)

  • Unbundled fee option with ability to negotiate dealer service fees between 0% and 1.5%
  • Minimum $100,000 initial investment per fund
  • Management fees and dealer service fees charged externally for potential tax deductibility
  • Only fixed administration fees and performance fees are embedded
  • Tiered management fee reductions as account balances grow
  • Dealer agreement is required

Abbreviations