We wish to remind you that iA Financial Group will proceed with four fund mergers on November 19.
|
Current fund |
Replacement fund |
|
Diversified Income |
Diversified Opportunity |
|
North American Equity Hybrid 75/25 |
Dividend Growth Hybrid 75/25 |
|
Global Opportunities (Loomis Sayles) Hybrid 75/25 |
Global Dividend (Dynamic) Hybrid 75/25 |
|
Global True Conviction Hybrid 75/25 |
Global Equity Hybrid 75/25 |
If the changes indicated in the table above suit your client, no action on your part or on your client’s part is required. |
|
For more details and important dates, refer to the article titled Changes to iA's fund lineup | Launch and mergers published in iA CONNECTED on August 18, 2021.
Transaction confirmation to impacted clients on November 19, 2021:
- Transaction confirmation by mail or online in their My Client Space account (for transactions of $1,000 or more).
- To view these transaction confirmations, refer to the Business Tracker tool in the Advisor Centre.
Knowing who’s impacted - How to download your client list
Click on “Obtain your clients' investment data”, then check the “Fund changes effective November 19, 2021” box and upload to your secure mail.
Fiscal impacts of the mergers
- Registered contracts: these mergers will not result in tax consequences
- Non-registered contracts: taxable capital gain or loss to be declared on your clients’ tax slips (federal: T3, Quebec: Relevé 16) issued for the 2021 tax year.
2021 Funds’ allocations
- Preliminary year to date data, as of October 29, will be available via iA CONNECTED during the week of November 15
- Note that these allocations will not include the impact of the November 19 mergers; the impact will be included only in the year-end allocation report available via iA CONNECTED mid-January 2022.
You can refer to your sales teams for more information.
