Liquid Alternatives: IG Launches Four New iProfile Portfolios

June 24, 2020 | Liquid Alternatives, News
https://dailyalts.com/wp-content/uploads/2020/06/Gamma-Wheel-PWM-5pillar-DIGITAL-EN.png

The new suite of managed funds offer investors exposure to several investment strategies.

Canadian fund manager IG Wealth Management has launched four new managed funds titled iProfile Portfolios that were available for purchase effective June 22. (Yahoo Finance)

The funds will suit a wide variety of investor profiles and preferences, enhance their financial confidence, and help them achieve long-term investment goals.

The Portfolios include various investment options such as active allocation, passive ETFs, liquid alternatives, and unique private assets.

The funds

The minimum investment for the funds is $100,000 or existing investment in IG Wealth’s iProfile managed asset program, and fees applicable are:

The funds Fund Advisory Fee
iProfile Portfolio – Global Fixed Income Balanced Upto 0.15%
iProfile Portfolio – Global Neutral Balanced Upto 0.19%
iProfile Portfolio – Global Equity Balanced Upto 0.21%
iProfile Portfolio – Global Equity Upto 0.24%

Sub-advisory model

The four funds above would be sub-advised by a range of reputed asset managers.

“Our new iProfile Portfolios reflect our sub-advised investment model, competitive pricing, and focus on delivering key managed solutions, empowering our advisors to provide world-class financial planning advice and client service,” said Jon Kilfoyle, Senior Vice-President Investments, IG Wealth Management. “We are excited to provide our clients with access to a broad range of underlying investments and high-quality global asset managers.”

The sub-advising asset managers will include names such as BlackRock Asset Management Canada Ltd., JPMorgan Asset Management ( Canada ) Inc., PIMCO Canada Corp., Wellington Management Canada ULC, and Mackenzie Financial Corporation.

Related Story:  Mackenzie’s Alternative Enhanced Yield Fund is its Fifth Liquid Alt Offering                                                 

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/02/the-eleventh-hour-gfac76b1a4_640.png
Alternative Investments/ESG: Six New Responsible Funds Flag Off Morgan Stanley’s ETF Platform

Morgan Stanley Investment Management (MSIM) has launched its ETF platform with six Calvert ETFs listed on NYSE Arca. The ETFs feature Calvert’s responsible investing approach and offer access to four…

https://dailyalts.com/wp-content/uploads/2023/02/adi-goldstein-i3gs_IIyvuI-unsplash.jpg
Artificial Intelligence: MusicLM, A New Generative AI Tool From Google, Creates Music From Text
February 2, 2023     Artificial Intelligence, News

Google (NASDAQ: GOOGL) recently published a research paper on its new AI tool, MusicLM, designed to create music. The tool is based on machine learning and is trained on vast…

https://dailyalts.com/wp-content/uploads/2023/02/augmented-reality-g86922a9f7_640.jpg
Artificial Intelligence: Snap Mulling AR Glasses Powered By Generative AI
February 2, 2023     Artificial Intelligence, News

Snap (NYSE: SNAP), the parent company of Snapchat, has hinted at future AR glasses powered by generative AI technology. CEO Evan Spiegel stated that AI will be critical to the…

https://dailyalts.com/wp-content/uploads/2023/02/94280bca-3fa2-430a-a5cd-2b2b997f622b.png
Digital Assets: Binance And Mastercard Launch Prepaid Crypto Card In Brazil
February 1, 2023     Digital Assets, News

Binance and Mastercard (NYSE: MA) have jointly launched the Binance Card in Brazil, allowing Binance users in the country to make purchases and pay bills with cryptocurrencies like bitcoin and…