iA Clarington Expands Active ETF Lineup With International Multifactor Fund

iA Clarington has launched the IA Clarington International Multifactor Equity Fund, available as both a mutual fund and an Active ETF Series under the ticker IIME. Managed by iA Global Asset Management, the strategy uses a quantitative process to invest in international equities, dynamically allocating across more than 30 quality, momentum and value factors to adapt to changing market conditions. The ETF began trading on the Toronto Stock Exchange with a 0.50% management fee, further expanding the firm's growing lineup of actively managed ETF offerings.