Ms. Hilary Bassett reports
IG WEALTH MANAGEMENT ANNOUNCES ADDITION OF SUB-ADVISORS TO IPROFILE PROGRAM FOR ENHANCED DIVERSIFICATION BENEFITS AND OTHER MUTUAL FUND CHANGES
IGM Financial Inc.'s IG Wealth Management has added subadvisers to its iProfile program. These changes reflect the firm's continuing commitment to continually review and enhance its portfolio solutions lineup by leveraging proven third party asset managers to help deliver enhanced performance and diversification for its clients. In addition, IG also announced a management fee reduction and a risk rating change to its mutual fund lineup.
Adding subadvisers to iProfile U.S. equity private pool
Effective on or about July 18, 2023, IG will be adding American Century Investment Management Inc. to the iProfile program and will be expanding its existing relationship with JPMorgan Asset Management (Canada) Inc. as outlined in an attached table.
Management fee reduction
Effective on or about June 29, 2023, the management fee of the fund and series in an attached table will be reduced.
Risk classification change
Effective today, the risk rating of the listed fund will change as outlined in an attached table. There are no changes to the investment strategies of the fund.
About IG Wealth Management
Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of advisers located across Canada. IG Wealth Management, including Investors Group Financial Services Inc. and Investors Group Securities Inc., has $114.8-billion in assets under advisement as of May 31, 2023, and is a member of the IGM Financial group of companies. IGM Financial, together with its subsidiaries, is one of Canada's leading diversified wealth and asset management companies with approximately $256.6-billion in total assets under management and advisement as of May 31, 2023.
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