Toronto, Ontario, May 31, 2012 - IA Clarington
Investments Inc. ("IA Clarington" or the "Company"), today
announced the launch of IA Clarington Strategic Income 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 Income Class provides investors with
exposure to both investment grade and high yield bonds along with
income-generating equities. IA Clarington Strategic Income Class
will also offer tax-efficient monthly distribution options.
"We're pleased to now be able to offer investors increased
access to manager Dan Bastasic through this 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, IA Clarington
Strategic Corporate Bond Class 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. The Company's
philosophy is to select outstanding money managers from across
Canada and around the world to manage its funds. IA Clarington
managed more than $11.2 billion in assets as at April 30, 2012. www.iaclarington.com
For further information
Tim Foran
Account Executive
Equicom, a TMX Group Company
(416) 815-0700 ext. 251
Tforan@equicomgroup.com