Both funds have low risk ratings
The mandate is the culmination of an effort that began in 2015
The firm has also made enhancements to its managed asset program
Sarbit Asset Management was acquired by IA in 2008
Product Watch
The liquid alternative fund offers Canadian investors a new way of generating enhanced returns from the U.S. equity market, the firm says
The new functions add to existing insurance and savings services
Management fees range from 0.45% to 0.80%
The company will also launch a new Active ETF Series and streamline its fee-based offering
The changes follow the resignation of Terry Thib