IA Clarington launches three mutual funds

IA Clarington Investments has launched three new investment solutions, to be managed by portfolio manager David Taylor of Taylor Asset Management.

Taylor will manage the IA Clarington Focused Canadian Equity Class, and will partner with Dan Bastasic to manage the IA Clarington Focused Balanced Fund and IA Clarington Focused Balanced Class.

A core equity fund, the Focused Canadian Equity Class will invest in a concentrated mix of Canadian equity securities, with the flexibility to invest up to 49% in U.S. and other foreign securities.

Both the Focused Balanced Fund and Class include a blend of equities and corporate bonds, which aim to provide a balance of long-term capital growth and moderate income. Bastasic will control its fixed income component. The fund offers monthly distributions.

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