(June 27 – 12:35 ET) – Investors Group Inc. today announced two new specialty mutual funds, the Global e.Commerce and the Mergers & Acquisitions funds.
“Canadians are showing an increasing interest in mutual funds with targeted investment objectives that focus on the strengths of specific sectors and markets,” John Wiltshire, vice president, product & services marketing, said in a press release. “These new specialty funds are exciting opportunities for investors who are looking for international exposure to dynamic market segments.”
The Global e.Commerce fund invests primarily in companies that have an interest in the development of the Internet and electronic commerce. This fund is managed by I.G. Investment Management, Ltd. and its global affiliates.
The Mergers & Acquisitions fund invests primarily in targeted segments of industries that are poised for growth due to deregulation or potential consolidation through mergers and acquisitions. This advisor for the fund is CWC Capital L.P., a regional investment banking and specialty fund management firm in Vancouver.
The two funds are available immediately.
-IE Staff