iA Clarington Investments announces June 2023 distributions for Active ETF Series and risk rating changes

TORONTO, June 26, 2023 /CNW/ - IA Clarington Investments Inc. ("iA Clarington") today announced the June 2023 distributions for its Active ETF Series and risk rating changes for the IA Clarington Inhance Moderate SRI Portfolio and IA Wealth Moderate Portfolio.

Active ETF Series distributions
Unitholders of record as of July 4, 2023 will receive cash distributions payable on July 12, 2023.

Per-unit distributions are detailed below:

For more information about IA Clarington Active ETF Series, please visit iaclarington.com/ETF

Risk rating changes
The risk ratings for the IA Clarington Inhance Moderate SRI Portfolio and IA Wealth Moderate Portfolio have changed from Low to Low-to-Medium, effective June 16, 2023. The changes are consistent with regulatory requirements and the Canadian Securities Administrators' (CSA) risk classification methodology. The funds' investment objectives and strategies will remain unchanged.

About IA Clarington Investments Inc.
A subsidiary of Industrial Alliance Insurance and Financial Services Inc. ? Canada's fourth-largest life and health insurance company ? iA Clarington offers a wide range of investment products, including actively managed mutual funds, managed portfolio solutions, Active ETF Series and socially responsible investments. As of May 31, 2023, iA Clarington has over $17 billion in assets under management. For more information, please visit iaclarington.com

Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with mutual fund investments, including investments in exchange-traded series of mutual funds. The information presented herein may not encompass all risks associated with mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The iA Clarington Funds are managed by IA Clarington Investments Inc. iA Clarington and the iA Clarington logo, and iA Wealth and the iA Wealth logo, and iA Global Asset Management and the iA Global Asset Management logo, are trademarks of Industrial Alliance Insurance and Financial Services Inc. and are used under license. iA Global Asset Management Inc. (iAGAM) is a subsidiary of Industrial Alliance Investment Management Inc. (iAIM).

The payment of distributions and distribution breakdown, if applicable, is not guaranteed and may fluctuate. The payment of distributions should not be confused with a Fund's performance, rate of return, or yield. Distributions paid as a result of capital gains realized by a Fund and income and dividends earned by a Fund are taxable in the year they are paid.

SOURCE IA Clarington Investments Inc.