Toronto, Ontario, April 12, 2012 - IA
Clarington Investments Inc. ("IA Clarington" or the "Company"),
today announced the launch of IA Clarington Strategic Corporate
Bond Class. The Fund is a class of shares of Clarington Sector Fund
Inc., a corporation offering class funds with exposure to Canadian
and global equities, global balanced, as well as Canadian balanced
and fixed income mandates.
IA Clarington Strategic Corporate Bond Class has exposure to
high yield and corporate bonds and will provide tax-efficient
income paid on a monthly basis through a Series T investment
option. IA Clarington Strategic Income Class, which will be exposed
to the portfolio of IA Clarington Strategic Income Fund, is
expected to be available in May of this year.
"We're pleased to now be able to offer investors access to
manager Dan Bastasic through a corporate class option", said Eric
Frape, Senior Vice President, Product and Business Development at
IA Clarington. "Dan has an award-winning track record and will be
providing income-seeking investors with tax-efficient exposure to
income producing investments."
IA Clarington provides investors with an extensive range of
income solutions for both registered and non-registered
accounts.
Dan Bastasic also manages IA Clarington Strategic Income Fund,
IA Clarington Strategic Corporate Bond Fund and IA Clarington
Strategic Equity Income Fund, along with segregated fund versions
of the IA Clarington Strategic Equity Income Fund.
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 and
segregated funds managed by leading portfolio advisors. IA
Clarington managed more than $10 billion in assets as at December
31st, 2011. www.iaclarington.com
For further information
Tim Foran
Account Executive
Equicom, a TMX Group Company
(416) 815-0700 ext. 251
Tforan@equicomgroup.com