IA Clarington changes name, subadvisor of global fund

The IA Clarington Global Growth & Income Fund is now called the IA Clarington Global Multi-Asset Fund, the company announced Friday. Also, its subadvisor has changed to PineBridge Investments LLC.

IA Clarington says the fund is modelled after a PineBridge strategy that invests globally across 100 asset classes. It aims to generate an annualized return of CPI (the Canadian Consumer Price Index) plus 5% over rolling five-year periods.

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