IA Clarington Investments Inc. today announced the launch of additional Corporate Class Funds to its existing line-up.

The additions include five multi-managed portfolios and two mutual funds.

“As the Canadian population ages,” says David Scandiffio, president of IA Clarington, “their investment focus shifts from growth to income. Obviously, tax-efficient solutions such as Corporate Class play an important role. These types of funds are part of a broader set of solutions that we provide, such as our Series T cash distribution funds, which also aim to provide tax-efficient income.”

“Investors now have the ability to switch between a broader selection of funds, as well as Distinction Portfolios without triggering taxable capital gains,” said Eric Frape, senior vp, product and business development. “This option gives clients the flexibility to make changes to their investment portfolio over time and as their investment needs change, while deferring taxes,” adds Frape.

The today’s additions to the Corporate class line-up are:

  • Distinction Prudent Class, Series A, M;
  • Distinction Conservative Class, Series A, M;
  • Distinction Balanced Class, Series A, M;
  • Distinction Growth Class, Series A, M;
  • Distinction Bold Class, Series A, M;
  • IA Clarington Canadian Leaders Class, Series A, F; and
  • IA Clarington Canadian Small Cap Class, Series A, F.



Separately, IA Clarington Investments Inc. (“IA announced that it has expanded its line-up of Target Click Funds by launching the IA Clarington Target Click 2030 Fund. The new fund has a target maturity date of June 30, 2030, allowing investors a longer time horizon, the benefit of an initially higher equity weighting and greater potential for growth.

“The Target Click Funds provide exposure to the growth potential of global equity markets, while locking in month-end gains to provide downside protection when held to maturity. With the addition of the IA Clarington Target Click 2030 Fund, investors will have an option with a longer investment time horizon, greater equity exposure and growth potential with the guarantee,” says Eric Frape. “As it approaches maturity, each fund’s asset mix becomes more conservative and its fees also decline. The significant interest we are seeing in these products strongly reinforces the benefits of this investment strategy, particularly n periods of market volatility like
we’ve seen recently,” adds Frape.