WINNIPEG,
MB, June 19, 2024 /CNW/ - IG Wealth Management
(IG) today announced changes to the risk rating of select
investment solutions, effective June 18,
2024.
IG reviews and adjusts risk ratings in accordance
with the Risk Classification Methodology mandated by Canadian
securities regulators. Effective June 18,
2024, the risk ratings of the following funds have changed
as outlined below. There are no changes to the investment
objectives, strategies or management of these funds.
|
Fund
Name
|
Current Risk
Rating
|
New Risk
Rating
|
|
IG Climate Action
Portfolio – Global
Fixed Income Balanced
|
Low
|
Low to
medium
|
|
IG Core Portfolio –
Global Income
|
Low to
medium
|
Low
|
|
IG Mackenzie
International Small Cap
Fund
|
Medium to
high
|
Medium
|
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 nearly $128.6 billion in assets under management as of
May 31, 2024, and is a member of the
IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is
one of Canada's leading
diversified wealth and asset management companies with
approximately $251 billion in total
assets under management as of May 31,
2024.
SOURCE IG Wealth Management