Pays a monthly distribution based on an annual target yield
Available with annual target yields of 4% (T4), 5% (T5), 6% (T6) and 8% (T8)
Targets a set distribution rate for the year as a percentage of the previous year-end Net Asset Value; yield is adjusted annually in January if results deviate more than 1% from target
Minimum $500 initial investment per fund
Available in a front-end load purchase option (investor pays a negotiated upfront commission to the dealer and advisor)
Dealers and advisors receive trailing commissions from iA Clarington
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