Sarbit Asset Management Inc. (Sarbit) announced on Tuesday the launch of two new bond funds along with a money market fund that are all immediately available for sale.

All three new funds will be under the stewardship of new portfolio manager, Nestor Theodorou, who went to Sarbit in July after running over $6 billion in fixed-income assets for Investors Group Inc.

The three funds being launched are: Sarbit Canadian Bond Trust; Sarbit Real Return Bond Trust; and Sarbit Money Market Trust

“We are extremely excited about the bond funds we are launching today. We feel our attractive pricing combined with the pedigree of portfolio management will bring significant value to the marketplace,” says Larry Sarbit, CEO and president of Sarbit Asset Management.

Management fess for the three funds are: Sarbit Canadian Bond Trust, 1.40%; Sarbit Real Return Bond Trust, 1.35%; Sarbit Money Market Trust, 1.05%

All three of the new Sarbit funds are offered in regular mutual fund units, F-class units, and I-class units. All of the new Sarbit funds’ regular mutual fund units are offered in front-end, low load, and DSC purchase options.