Toronto, Ontario, July 14, 2008 - IA Clarington
Investments Inc. ("IA Clarington" or the "Company") today announced
the launch of additional Corporate Class Funds to its existing
line-up. The addition of five multi-managed portfolios and two
leading mutual funds add opportunity and choice for investors,
allowing them to build a well-diversified portfolio throughout the
life of their investment portfolio.
"As the Canadian population ages," says David Scandiffio,
President of IA Clarington, "their investment focus shifts from
growth to income. Obviously, tax-efficient solutions such as
Corporate Class play an important role. These types of funds are
part of a broader set of solutions that we provide, such as our
Series T cash distribution funds, which also aim to provide
tax-efficient income."
"Investors now have the ability to switch between a broader
selection of funds, as well as Distinction Portfolios without
triggering taxable capital gains," said Eric Frape, Senior Vice
President, Product and Business Development at IA Clarington. "This
option gives clients the flexibility to make changes to their
investment portfolio over time and as their investment needs
change, while deferring taxes," added Frape.
IA Clarington Corporate Class Fund Line-Up:
| Existing Corporate Class Funds |
| IA Clarington Short-Term Income Class, Series A |
| IA Clarington Canadian Equity Class, Series A |
| IA Clarington Global Equity Class, Series A, F |
| New Corporate Class Funds |
| Distinction Prudent Class, Series A, M |
| Distinction Conservative Class, Series A, M |
| Distinction Balanced Class, Series A, M |
| Distinction Growth Class, Series A, M |
| Distinction Bold Class, Series A, M |
| IA Clarington Canadian Leaders Class, Series A, F |
| IA Clarington Canadian Small Cap Class, Series A, F |
About IA Clarington
IA Clarington Investments Inc., a subsidiary of Industrial
Alliance Insurance and Financial Services Inc., markets a wide
range of investment products, including mutual funds, segregated
funds, principal protected notes and closed end funds managed by
leading portfolio managers. IA Clarington and its subsidiaries
managed approximately $7.9 billion in assets as at May 31, 2008.
The Company's website address is www.iaclarington.com.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please read the
prospectus before investing. Mutual Funds are not guaranteed, their
values change frequently and past performance may not be repeated.
The IA Clarington Funds and IA Clarington Target Click Funds are
managed by IA Clarington Investments Inc. IA Clarington is a
trademark of IA Clarington Investments Inc. and the IA Clarington
logo is a trademark of Industrial Alliance Insurance and Financial
Services Inc.