Investors Group has received regulatory approval to launch three new equity mandates, the company said Monday.

The new mandates are Investors Core Canadian Equity Fund and Class, Investors Core U.S. Equity Fund and Class, and IG Putnam U.S. Growth Fund and Class.

Investors Core Canadian Equity Fund and Class and Investors Core U.S. Equity Fund and Class are designed as primary holdings within a portfolio and will reflect the broad Canadian and U.S. markets respectively.

IG Putnam U.S. Growth Fund and Class will primarily have exposure to equity securities of large U.S. corporations that have above-average growth prospects.

The new funds are available for sale commencing Monday, November 28.