Winnipeg-based Investors Group Inc. is expanding its fund lineup with the addition of a new portfolio family, Maestro Portfolios, as well as two new low volatility funds, the company announced on Monday.
Maestro Portfolios consist of three distinct portfolios that are available in both unit trust and corporate class offerings: Maestro Income Balanced Portfolio/Portfolio Class; Maestro Balanced Portfolio/Portfolio Class ; and Maestro Growth Focused Portfolio/Portfolio Class.
“Maestro Portfolios are different from our other portfolio funds,” said Todd Asman, executive vice president of products and financial planning in a statement.
“Investors will benefit from the dynamic management approach used by these funds which provides the flexibility to react to market developments as they unfold. This allows the fund manager to take action quicker as opportunities arise,” he added.
Maestro Portfolios will appeal to investors who want a more active-management approach to investments without giving up long-term growth potential and/or income, Investors Group says.
Investors Group is also adding two new low volatility mandates (both available in unit trust and corporate class offerings): Investors Low Volatility Canadian Equity Fund/Class and Investors Low Volatility Global Equity Fund/Class.
These funds are designed for investors who want exposure to equity markets due to the higher growth potential that stocks offer, but in an investment that seeks lower volatility than the broader equity markets.
Maestro Portfolios and the new low volatility funds are available as of today.