Ia Clarington Investments

What Ia Clarington Investments does

iA Clarington Investments Inc. is a Canadian investment management firm headquartered in Toronto with additional offices in Montreal, Calgary, and Vancouver, operating as a wholly owned subsidiary of iA Financial Group (Industrial Alliance Insurance and Financial Services Inc.). The company offers actively managed mutual funds across equity, fixed income, balanced, and liquid alternative strategies, alongside a growing Active ETF Series listed on the TSX, managed portfolio solutions (iA Wealth Managed Portfolios, IA Clarington Inhance SRI Portfolios), Guaranteed Investment Funds and Target Click Funds issued through its parent, tax-efficient corporate class structures, and Elite Pricing for high-net-worth investors. Portfolio management is delivered through sub-advisory partnerships with established firms including Loomis Sayles, Agile Investment Management, QV Investors, Vancity Investment Management, and affiliated iA Global Asset Management. As of December 31, 2025, the firm managed over CAD $24 billion in assets, up from approximately $18 billion at December 31, 2023.

The business model is fee-based and recurring: iA Clarington earns management fees embedded in each fund's Management Expense Ratio (MER), with revenue scaling directly with AUM across Series A (front-/back-end load), Series F (fee-based advisory), Series I (institutional), and Elite (HNW) share classes. Distribution is exclusively B2B2C through registered financial advisors and dealer networks, including affiliated Investia Financial Services and iA Private Wealth plus third-party dealers such as Richardson Wealth; advisors access products, performance data, CE credits, and sales tools through the proprietary Advisor Hub platform gated by dealer rep codes. Marketing and education are delivered via weekly macro updates, quarterly commentaries, advisor events, webcasts, and press releases.

The company is led by President & CEO Catherine Milum (appointed September 2023) and Chief Financial & Strategic Officer Abrar Nantel (appointed May 2024), with a senior team spanning compliance, legal, product, marketing, and tax & estate planning. Recent strategic activity has centered on expanding the Active ETF wrapper (8 funds launched January 2024, two more in April 2026), broadening sub-advisory relationships, and managing pricing — including fee reductions of 0.05%–0.55% on three funds effective March 2026 and series mergers scheduled for May 2026. Securities are sold only to Canadian residents, and the firm does not register products for sale outside Canada.

Name

Ia Clarington Investments

Legal name

IA Clarington Investments Inc.

Website

https://iaclarington.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

iA Clarington Investments is a Toronto-based, wholly owned subsidiary of iA Financial Group managing over CAD $24 billion in actively managed mutual funds, Active ETFs, managed portfolios, and guaranteed funds, distributed exclusively through Canadian financial advisors and dealer networks via its Advisor Hub platform.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro primary industry

Fixed Income Mutual Funds (FSAAAEAB)

Keywords

• Active investment management
• Mutual fund solutions
• Exchange-traded funds
• Managed portfolio services
• Socially responsible investing

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mutual Fund Management Fees: The company earns management fees from its mutual funds and managed solutions, calculated as a percentage of assets under management. These are ongoing fees embedded in the Management Expense Ratio (MER) of each fund. The company announced fee reductions ranging from 0.05% to 0.55% for select fund series effective March 2026.
2. Active ETF Series Management: The company manages actively traded ETF series listed on exchanges, generating management fees from these products while providing investors with exchange-traded access to actively managed strategies.
3. Socially Responsible Investments: The company offers SRI (socially responsible investing) products including the Inhance SRI fund suite, which provides actively managed investment solutions with environmental, social, and governance considerations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

iA Clarington Investments is a Canadian investment management firm offering actively managed mutual funds, multi-asset managed portfolio solutions (iA Wealth Managed Portfolios, Inhance SRI Portfolios), TSX-listed Active ETF Series, Guaranteed Investment Funds, and tax-efficient corporate class structures. Products are distributed exclusively through registered financial advisors via dealer networks including Investia Financial Services and iA Private Wealth, with portfolio management delivered through sub-advisory partnerships with Loomis Sayles, Agile Investment Management, iA Global Asset Management, QV Investors, and Vancity Investment Management.

Product overview

iA Clarington offers a unified platform of actively managed investment products comprising standalone mutual funds and all-in-one portfolio solutions. The core product lineup includes equity funds (IA Clarington Loomis U.S. All Cap Growth Fund, IA Clarington Loomis International Growth Fund, IA Clarington Global Dividend Fund), fixed income funds (IA Clarington Agile Global Total Return Income Fund, IA Clarington Agile Core Plus Bond Fund), and balanced funds (IA Clarington Loomis Global Allocation Fund, IA Clarington Strategic Income Fund). These are complemented by Active ETF Series (TSX-listed ETF versions), managed portfolio solutions (iA Wealth Managed Portfolios, Inhance SRI Portfolios), tax-efficient investing options (corporate class, Series T), and Guaranteed Investment Funds. The products are managed by sub-advisors including Agile Investment Management LLC, iA Global Asset Management Inc., Loomis Sayles & Company, QV Investors Inc., and Vancity Investment Management Ltd.

Differentiator

Problem solved

Functional benefit

Brands

• iA Wealth Managed Portfolios: Managed portfolio solutions offered by iA Clarington.
• IA Clarington Inhance SRI Portfolios
• Active ETF Series

Products and services

• Mutual Funds Standalone actively managed mutual funds providing high-conviction, diversified access to global markets and asset classes including equity, fixed income, and balanced strategies for individual investors via registered advisors.
• Managed Portfolio Solutions (iA Wealth Managed Portfolios and Inhance SRI Portfolios) All-in-one multi-asset portfolio solutions including iA Wealth Managed Portfolios and Inhance SRI Portfolios providing diversified global market access for advised Canadian investors.
• Active ETF Series TSX-listed actively managed exchange-traded fund series offering transparent, liquid exposure to actively managed investment strategies for advisors and their clients.
• Socially Responsible Investing (Inhance SRI) Environmental, social, and governance focused investment products including the Inhance SRI fund lineup and IA Clarington Inhance SRI Portfolios for ESG-conscious advised investors.
• Guaranteed Investment Funds (GIFs) Segregated funds with death and maturity guarantees issued by Industrial Alliance Insurance and Financial Services Inc., distributed through the iA Clarington advisor channel.
• Tax-Efficient Investing (Corporate Class and Series T Payout Options) Tax-optimized investment strategies including corporate class structures, payout options (Series T), and tax-advantaged account solutions for Canadian investors.
• Advisor Hub Platform Digital platform for registered advisors providing access to account inquiry, sales tools, events management, and continuing education certificates. Requires valid dealer rep codes for access.
• IA Clarington Agile Global Total Return Income Fund Fixed income fund managed by Agile Investment Management focused on global fixed-income securities with active currency management.
• IA Clarington Loomis Global Allocation Fund Global balanced fund combining concentrated global equity with high conviction U.S. and global fixed income allocation, managed by Loomis Sayles.
• IA Clarington Loomis U.S. All Cap Growth Fund U.S. equity fund investing in companies of any size, managed by Loomis Sayles with high-conviction, low-turnover approach.
• IA Clarington Loomis International Growth Fund International equity fund investing outside Canada and U.S., managed by Loomis Sayles with private equity-oriented approach.
• IA Clarington Global Dividend Fund Global equity fund focused on dividend-paying companies worldwide with income and long-term capital appreciation objectives.
• IA Clarington Strategic Income Fund Balanced fund providing consistent income and capital appreciation through primarily Canadian equity and fixed income investments.
• IA Clarington Agile Core Plus Bond Fund (Active ETF Series: ICPB) Fixed income fund investing in government bonds, investment grade bonds, high-yield bonds, asset-backed securities, and senior floating rate loans, managed by Agile Investment Management.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Agile Investment Management LLCcoreStrategic or Co-development Partner · 4 September 2024Strategic partnership with Dan Janis and Agile Investment Management LLC for global fixed income and total return strategies. The partnership launched the IA Clarington Agile Global Total Return Income Fund (crossed $1 billion AUM milestone) and expanded the relationship to include additional funds. Dan Janis serves as Chief Investment Officer of Agile Investment Management.
• Loomis, Sayles & Company, L.P.coreStrategic or Co-development Partner · 4 September 2024Expanded partnership with Loomis, Sayles for global allocation, U.S. all cap growth, and international growth strategies. The Loomis Global Allocation strategy marks its 30th anniversary in 2026. Portfolio managers include Aziz V. Hamzaogullari (Founder, CIO), Brian P. Kennedy, David W. Rolley, Eileen N. Riley, and others.
• iA Global Asset Management Inc.coreStrategic or Co-development PartnerAffiliated sub-advisor providing Canadian and global equity strategies. Portfolio managers include Jean-René Adam, Dan Bastasic, Alex Bellefleur, Pier-André Blanchet, Nicolas Caron, Alexandre Morin, David Caron, Dan Rohinton, Dominic Siciliano, Sébastien Vaillancourt, Tej Rai, Maxime Houde, and Oliver Shao.
• QV Investors Inc.coreStrategic or Co-development PartnerSub-advisory partnership for Canadian and global equity strategies including QV Canadian Small Cap Fund. Portfolio managers include Richard Fortin, Mathew Hermary, Joe Jugovic, Steven Kim, Amit Shah, and Derek Nichol.
• Vancity Investment Management Ltd.minorStrategic or Co-development PartnerSub-advisory partnership for responsible investing strategies. Portfolio managers include Jeffrey Adams, Wes Dearborn, Charan Sanghera, Marc Sheard, Mary Tsang, Jeffrey Lew, and Mike Harvey.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mackenzie Investments: One of Canada's largest mutual fund managers with a broad lineup of actively managed funds, ETFs, and managed portfolios distributed primarily through advisors. Directly comparable in product mix, distribution model (B2B2C advisor-led), and target customer base (Canadian retail and high-net-worth investors).
• CI Global Asset Management: Major Canadian investment manager offering mutual funds, ETFs, and managed solutions across active and passive strategies. Directly comparable given similar advisor distribution model, Canadian retail focus, and product breadth spanning equity, fixed income, and alternative strategies.
• AGF Investments: Canadian investment management firm offering mutual funds, ETFs, and managed solutions with a focus on active management. Directly comparable due to similar advisor-led distribution, active management philosophy, and Canadian institutional/retail client base.
• Fidelity Investments Canada: Canadian arm of Fidelity offering actively managed mutual funds, ETFs, and managed portfolios. Highly comparable product mix and target market, with significant sub-advisor and brand recognition dynamics similar to iA Clarington's positioning.
• Dynamic Funds (1832 Asset Management): Canadian active mutual fund manager (part of Scotia Wealth/Scotiabank) with advisor-led distribution. Comparable product lineup and Canadian retail focus, though Dynamic benefits from bank-affiliated distribution scale.

Broad incumbents

• Manulife Investment Management: Large diversified investment manager offering mutual funds, ETFs, and institutional solutions globally. Comparable in product breadth and Canadian retail presence, but significantly larger scale and broader geographic footprint make it a broad incumbent rather than a direct match.
• BMO Global Asset Management: Bank-owned Canadian asset manager offering active mutual funds, ETFs, and managed solutions. Overlapping product set and Canadian advisor distribution, but substantially larger scale and broader institutional capabilities.
• RBC Global Asset Management: Canada's largest asset manager (RBC subsidiary) with broad mutual fund, ETF, and institutional offerings. Comparable product set but materially larger scale and integrated bank distribution advantages.
• BlackRock Canada: Canadian arm of BlackRock offering iShares ETFs and increasingly active ETF strategies. Relevant peer given the shared focus on ETF products and advisor distribution, though BlackRock Canada is passive-heavy and far larger in scale.

Regional players

• Neuberger Berman Canada: Global active manager with Canadian operations offering mutual funds and separately managed accounts. Comparable in active management philosophy and institutional-quality sub-advisor partnerships, but serves a different geographic core (US-based) and smaller Canadian footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PL6llGcgl8QU5DxFQinKByhq74LfedyN_1
• LinkedInlinkedin.com/company/ia-clarington-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ia Clarington Investments