Investors Group is launching two new portfolio families, Investors Cornerstone Portfolios and Allegro Corporate Class Portfolios.
As well, the company is introducing a new international equity fund mandate, Investors International Equity Fund and Class.
These new offerings are expected to be available for investments this summer, subject to regulatory approvals, Investors Group said Thursday.
“The Investors Cornerstone Portfolios aim to provide high levels of capital stability and to provide a launching pad for dollar cost average investment strategies during these uncertain markets,” says John Wiltshire, Investors Group senior vp, product and financial planning.
The new family of Investors Cornerstone Portfolios is designed using a mix of select Investors Group Funds and consists of three portfolios: Investors Cornerstone I Portfolio; Investors Cornerstone II Portfolio; and Investors Cornerstone III Portfolio.
“Our new Allegro Corporate Class Portfolios are a one-stop solution for investors who aim to accumulate wealth and then have a need for ongoing tax-deferred cash-flow in retirement,” explains Wiltshire. “The Portfolios’ new T series will enable investors to obtain this tax-deferred cash-flow to help them through their retirement years.”
There are five Allegro Corporate Class Portfolios, including: Allegro Balanced Portfolio Class; Allegro Balanced Growth Portfolio Class; Allegro Growth Portfolio Class; Allegro Balanced Growth Canada Focus Portfolio Class; Allegro Growth Canada Focus Portfolio Class.
The new Investors International Equity mandate is an option for clients looking for diversification outside of North America along with long-term capital growth.
Investors International Equity Fund is also expected to be held by at least one of the Allegro Corporate Class Portfolios when they are launched.
IE
Investors Group launches two new portfolio families
Investors Cornerstone Portfolios and Allegro Corporate Class Portfolios
- By: IE Staff
- April 23, 2009 April 23, 2009
- 14:20