iA Clarington Investments Inc. has announced the launch of three new funds intended to provide investors with improved risk-adjusted potential.
The three funds are:
- Forstrong Global Strategist Income Fund: Designed for investors seeking to enhance portfolio income generation.
- Forstrong Global Strategist Growth Fund: Designed for investors seeking to enhance portfolio growth.
- Forstrong Global Strategist Balanced Fund: Designed for investors seeking a standalone balanced approach to global investing.
By providing Canadian investors with the opportunity to gain access to non-traditional assets and regions, the three funds are formulated to complement the portfolios of Canadian investors.
"There can be a 'home bias' among Canadian investors, leaving them potentially over-exposed to sector-concentrated domestic markets," said Eric Frape, senior vice president, Products & Investments, at iA Clarington. "The funds we're introducing today are intended to help diversify portfolios by adding exposure to asset classes that can typically be under-represented within Canadian investors' holdings."
The latest additions to iA Clarington’s shelf expand investors’ exposure to opportunities from different global regions, including developing markets. They also cover a broad spectrum of under-represented global asset classes, such as global real estate and currency.
The new fund offerings are to be sub-advised by Forstrong Global Asset Management Inc. under the leadership of Tyler Mordy, president & CIO and portfolio manager at Forstrong. "Our approach seeks to add diversity and differentiation to the typical core holdings of Canadian investors, primarily through exposure to non-traditional sources of alpha identified through our macro asset allocation strategy," said Mordy.
"The macro asset allocation strategy which Forstrong utilizes involves long-term analysis of global super trends in the pursuit of returns and risk management,” added Frape. “The introduction of these funds is another example of our ongoing commitment to providing relevant and timely, actively managed investing options to Canadian investors.”
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