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iA Financial Group reduces its management fees for 65 segregated funds in its Series 75/100

Quebec,

News Release

iA Financial Group is announcing the reduction of management fees for 65 segregated funds in the Series 75/100 of its popular IAG Savings and Retirement Plan. This fee reduction, which takes effect immediately, can reach up to 50 basis points depending on the fund.

These segregated funds in Series 75/100 include a guarantee of 75% of the amount invested at maturity and 100% in case of death.

All existing and future clients of this series will benefit from the fee reduction on the identified funds, irrespective of the volume of assets held. We emphasize that there is no additional paperwork to be completed to obtain this reduced fee. It is automatically applied.

Moreover, clients who have already qualified for the Prestige Series (a series that offers preferred pricing to investors who have a significant volume of assets) will also benefit from a fee reduction on 29 funds in Series 75/100.
“Our products, which already met clients’ needs, are now even more competitive, states Manon Gauthier, Senior Vice-president, Individual Savings and Retirement. This fee reduction will strengthen the positioning of Series 75/100 by offering reassuring protection of investors’ wealth at a very competitive rate.

By reducing its fees, iA Financial Group is once again showing is commitment to offering quality products to representatives and clients and better pricing to clients. We are focused on listening to clients’ concerns and helping them reach their savings goals. We suggest that investors affected by these changes contact their representative to get the most out of them”, adds Ms. Gauthier.