iAtoday
To maintain a competitive fund offering that meets our high-quality standards, we will be making changes soon.
Funds to be added
We will be adding three sustainable investment funds to our standard lineup on October 15, 2024.
Code | |
Diversified Fund | |
Fidelity Climate Leadership BalancedTM | 946 |
Foreign Equity Funds | |
Global Sustainable Equity (Mirova) | 367 |
Global Sustainable Growth (Shroders) | 366 |
Funds to be closed
Thirteen investment funds will be closed on November 22, 2024. Unless we receive specific investment instructions from you or your clients before October 1, 2024, we will automatically transfer the amounts invested in these funds to the replacement funds.
Funds to be closed | Code | Replacement funds | Code |
Asset Allocation Funds | Asset Allocation Funds | ||
Portfolio Series Income (CI) | 922 | Asset Allocation – Conservative (iA) | 506 |
Portfolio Series Conservative (CI) | 923 | Asset Allocation – Moderate (iA) | 507 |
Portfolio Series Balanced (CI) | 924 | Asset Allocation – Balanced (iA) | 508 |
Portfolio Series Balanced Growth (CI) | 925 | Asset Allocation – Growth (iA) | 509 |
Portfolio Series Growth (CI) | 926 | Asset Allocation – Aggressive Growth (iA) | 510 |
Diversified Fund | Diversified Fund | ||
Sustainable Balanced (iA) | 944 | Fidelity Climate Leadership BalancedTM | 946 |
Canadian Equity Fund | Canadian Equity Fund | ||
Canadian Equity Fossil Fuel Free (Jarislowsky) | 385 | Canadian Equity Ethical Fossil Fuel Free (Fiera Capital) | 384 |
Foreign Equity Funds | Foreign Equity Funds | ||
Global Equity (Sprucegrove) | 754 | Global Equity Opportunistic Value (Wellington) | 358 |
Global Stewardship Equity (Baillie Gifford) | 387 | Global Sustainable Growth (Schroders) | 366 |
U.S. Equity (iA) | 705 | Thematic Innovation (iA) | 233 |
Emerging Markets (abrdn) | 122 | Emerging Markets (Templeton) | 758 |
Alternative/Specialty Fund | Alternative/Specialty Fund | ||
Balanced-Risk Allocation (Invesco) | 491 | Diversified (iA) | 040 |
Alternative/Specialty Fund | Alternative/Specialty Fund | ||
Global Developed Real Estate Index (BlackRock) | 896 | Fidelity Global Real Estate | 540 |
LifePath Index 2025 Fund (BlackRock)
BlackRock has informed our team of investment specialists that the composition of the LifePath Index 2025 Fund will be identical to that of the LifePath Retirement Index I from the end of 2024. This is a standard process that takes place every five years, initiated by Blackrock when the target retirement date is reached. We are therefore advising our clients that we will be closing the LifePath Index 2025 Fund in 2025, as there may be tax impacts associated with the transfer of non-registered amounts invested in this fund. As a result, plan members will be able to choose whether to transfer their funds this year or in 2025.
For more information, we invite you to read the September 5 special edition of iAtoday or contact your Account Executive.
Also in this issue
- Symbiosis: for a 360° view of your clients’ needs
- Total wellbeing | World Mental Health Day is coming up
- Individual pension plans (IPP) | Your clients can still take advantage of 2024 tax benefits
- Semi-Annual Investment Fund Evaluation | Summer 2024 edition now available
- Inclusive coverages | Support for gender affirmation
- Customer service in the digital age | Invested in offering an optimal client experience