Mutual fund series options

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

Exchange-traded option

Active ETF Series

  • TSX-listed ETF series for select mutual funds
  • Combines active management with the convenience of an exchange-traded vehicle
  • Available to advisors licensed to trade securities on the Toronto Stock Exchange

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 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

Abbreviations