Winnipeg-based Investors Group Inc. (IG) today announced the addition of a new equity mandate, IG Putnam Low Volatility U.S. Equity Fund and Class.
It addition IG announced an enhancement to its product offering in its Corporate Class, Investors Dividend Class, which emulates the popular Investors Dividend Fund.
Both products are now available for sale.
IG Putnam Low Volatility U.S. Equity Fund aims to provide long-term capital growth by investing primarily in U.S. equity securities, usually across all sectors, while seeking to provide lower volatility over a full market cycle. The Class initially intends to invest primarily in units of the fund, but may invest in other IG funds, and/or directly in equity securities.
Investors Dividend Class seeks to obtain above-average income yield on its investments, protect the value of its investments, and achieve long-term capital appreciation consistent with the achievement of its first two objectives by initially investing primarily in units of Investors Dividend Fund. However, it may invest in other IG funds, and/or directly in equity securities an/or fixed income securities.
Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is a financial services company with over $131 billion as of November 30, in total assets under management.