IA Clarington launches three funds

IA Clarington Investments has launched three new funds. They are:

IA Clarington Yield Opportunities Fund

This fund seeks to provide a steady monthly income stream and modest return by investing in a mix of investment grade and high-yield fixed-income securities, equity securities that pay dividends and other securities that distribute income. Lead portfolio manager: Clément Gignac.

IA Clarington U.S. Dividend Growth Registered Fund

This fund seeks to provide long-term capital appreciation and total return while protecting capital by investing primarily in a diversified portfolio of equity securities of large capitalization U.S. corporations with a focus on dividend growth. The fund is available through registered accounts only. Portfolio manager: Pierre Trottier.

IA Clarington U.S. Dollar Floating Rate Income Fund

This fund is a pure U.S. dollar income solution designed for investors looking to buy and invest in U.S. currency. The fund seeks to provide a stream of current monthly income in U.S. dollars by investing primarily in senior floating rate loans, other floating rate securities and debt obligations of investment grade and non-investment grade North American and global corporate issuers. Portfolio manager: Jeff Sujitno.

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