IG Wealth Management announces pool advisory and administration fee reductions
WINNIPEG - November 15, 2018 – IG Wealth Management has announced reductions to a pool advisory fee and an administration fee for its iProfile Fixed Income Pool.
Effective on or about March 1, 2019, these fees will be lowered to the following:
|Mandate||Pool advisory fee||Administration fee|
|iProfile Fixed Income Pool||From||To||From up to a maximum of||To up to a maximum of|
The applicable prospectus and Fund Facts for the noted mandate are in the process of being updated to reflect the new rates.
This is not a solicitation to purchase securities of these funds. Commissions fees and expenses may be associated with mutual fund investments and the use of iProfileTM Managed Asset Program. Please read the prospectus of the mutual funds before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated. These funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm) and Investors Group Securities Inc. (in Quebec, a firm in financial planning). An asset allocation service, iProfile is a managed asset program for clients with a minimum of $250,000 invested in the iProfile program.
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 Consultants located across Canada. In addition to an exclusive family of mutual funds and other investment vehicles, IG offers a wide range of other financial services. IG Wealth Management has $85 billion in assets under management as of October 31, 2018 and is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $153 billion in total assets under management as of October 31, 2018.
TM Trademarks, including IG Wealth Management are owned by IGM Financial Inc. and licensed to its subsidiary corporations.