Friday, December 6, 2024

iA Financial introduces new segregated funds

Quebec-based iA Financial Group announced on Tuesday the addition of five new segregated funds.

The insurance and wealth management company has added two new investment options from Fidelity Investments and Dynamic Funds to its U.S. equity fund offering.

These include the Fidelity Insights Fund, which will be available for the first time as a spin-off fund, and the American (Dynamic) Fund, a high-conviction fund with attractive growth potential, iA Finanical said in a statement.

The company also launched three specialty funds: Emerging Markets Fund, managed by Jarislowsky Fraser; the Floating Rate Income Fund, managed by Jeff Sujitno of iA Clarington; and the Global Infrastructure Fund (Dynamic).

“These new funds and changes are consistent with our goal to offer a comprehensive offering of high-performing segregated funds, including complementary management styles, a broader geographic reach and most major asset classes,” said Pierre Vincent, iA Financial senior vice president, distribution and product development, individual pension and savings insurance.

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