IG adds corporate bond fund

By Staff | May 3, 2011 | Last updated on May 3, 2011
1 min read

Investors Group has received regulatory approval to launch a fixed income offering. The Investors Canadian Corporate Bond Fund will aim to provide current income by investing primarily in investment grade fixed income securities issued by Canadian corporations. The new mandate may also invest a portion of its assets in other securities such as high yield debt instruments and mortgages.

Investors Canadian Corporate Bond Fund is well suited for the current interest rate environment and will provide additional diversification opportunities for clients.

The fund is now available for sale to Canadian investors.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.