Products and services

Products and services

This section describes the investment products and services we offer or that may be available to you through one of our affiliates or a third-party. You should be aware that we are only responsible for the products and services that are on our approved list. All products and services can be offered by all Advisors, unless otherwise indicated.

IG Living Plan™

When you work with an Advisor, they can offer a personalized IG Living Plan™, a comprehensive financial plan that can be adjusted as life and family circumstances change. The IG Living Plan™ incorporates investment, tax and risk management strategies to provide a single, integrated view of all aspects of your finances. We recommend that your plan is reviewed with your Advisor and updated regularly. You will be able to view your complete financial picture including cash flow, withdrawals, savings and investment goals, at any time.

Mutual Funds and Managed Solutions

We provide clients with an extensive suite of exclusive, well-constructed and competitively priced mutual funds and managed solutions. A mutual fund pools money to buy different types of investments, such as stocks, bonds or other securities on behalf of all of the investors in the mutual fund. The portfolio manager for the fund makes investment decisions to buy and sell securities based on the investment objective and strategies of the mutual fund. When investing in a mutual fund, you purchase units or shares in the fund. We rigorously monitor these investments and regularly enhance the scope and diversity of these investment offerings with new additions and product changes that enable our clients to achieve their goals. These mutual funds and managed solutions include:

  • IG Wealth Management Mutual Funds – a deep and broad selection of mutual funds, diversified by manager, asset category, investment style, geography, market capitalization and sector. These funds can be used as building blocks for any portfolio objective;
  • IG Wealth Portfolios – managed solution mutual funds designed to meet our clients’ individual objectives, time horizon and tolerance for market variability. These portfolios were created to allow investors to accomplish a variety of investment outcomes, from income to growth or a mix of both;
  • iProfile™ Portfolios – iProfile Portfolios are a suite of managed solution mutual funds that provide comprehensive diversification and are designed to suit personal preferences for risk tolerance and investment goals;
  • iProfile™ Private Portfolios – iProfile Private Portfolios are model portfolios comprised of mutual funds referred to as iProfile Private Pools, and are available for households with investments held at IG Wealth Management that exceed a certain threshold. iProfile Private Portfolios have been designed to deliver strong risk-adjusted returns and form part of the iProfile Program, an asset allocation service that provides you with a model portfolio designed to achieve diversification among different asset classes and management styles based upon your investment objectives and tolerance for risk. As part of the iProfile Program, you can also choose to participate in the optional discretionary service, which gives you the ability to invest in a portfolio of investments that are professionally maintained to your investment needs. Under this service, a model portfolio will be managed on a discretionary basis by the portfolio manager of the service, I.G. Investment Management Ltd., in accordance with your Managed Account Agreement and Investment Policy Statement. There are no additional fees for this service; and
  • Exchange Traded Funds (ETFs) – an investment fund that is traded on a stock exchange.
  • Offering Memorandum Investment Funds - IG Advisors may be able to offer qualified clients access to Private Market investments through investment funds that are sold under a prospectus exemption. 

It is important that you know we primarily sell and provide investment advice about IG Wealth Management mutual funds and managed solutions. The breadth and depth of the IG Wealth Management mutual funds and managed solutions ensures that our clients have a diversified portfolio to help them achieve their financial goals. We may also sell and recommend a select number of third-party mutual funds and ETFs on our approved list from time to time. Some third-party mutual funds and ETFs managed by our affiliate, Mackenzie Financial Corporation, are on our approved list and are available to you. We also sell and recommend certain other investments like GICs, high interest savings accounts and term investments.

In certain cases, you can transfer third-party mutual funds you already own to your account – and in some cases we can help you buy certain third-party mutual funds you ask for – but we typically don’t recommend or give advice about non-IG Wealth Management funds or funds that are not on our approved list.

Azure Managed Investments (Investment Dealer only)

We offer separately managed accounts that provide a customized, sophisticated approach to investing in actively managed individual securities. With Azure Managed Investments, you delegate decision-making to a Portfolio Manager, who manages a specialized portfolio based on your specific investment strategy and goals. Azure Managed Investments offers a selection of different mandates that provide core equity exposure in Canadian, U.S. and international equity markets.

Brokerage Investment Solutions (Investment Dealer only)

We offer personalized brokerage services and products ranging from:

  • Common and preferred stocks listed on major North American stock exchanges
  • Guaranteed Investment Certificates
  • Strip bonds - Bankers’ acceptance and commercial paper
  • Bonds and debentures (federal, provincial and corporate)
  • Government of Canada treasury bills - U.S. denominated bonds and treasury bills
  • Warrants

Integrated Lending, and Insurance Solutions

As part of our approach to delivering total financial solutions for our clients by leveraging a comprehensive IG Living Plan™, we also offer the following additional products and services:

  • Insurance – through arrangements with leading Canadian insurers we offer a broad range of term life, universal life, whole life, disability, critical illness, long-term care, personal health care coverage, and group insurance. Insurance products and services are available through your Advisor (if they are licensed to sell insurance) through IG Wealth Management’s affiliate, I.G. Insurance Services Inc.;
  • Segregated funds – we offer select segregated funds which include the IG Wealth Management Guaranteed Investment Funds (GIFs) issued by Canada Life. The underlying investment funds in which these GIFs invest are managed by IG Wealth Management. Segregated funds are available through your Advisor (if they are licensed to sell insurance) through IG Wealth Management’s affiliate, I.G. Insurance Services Inc.;
  • Lending solutions – your Advisor can refer you to a Mortgage Advisor licensed by nesto inc. to develop lending strategies that meet your individual needs. Term mortgages and home equity lines of credit are offered by IG Wealth Management’s affiliate, Investors Group Trust Co. Ltd., a national mortgage lender; and
  • Charitable Giving Program – a donor-advised giving program which enables you to make donations and build an enduring charitable giving legacy with less expense and complexity than setting up and administering your own private foundation.

For further information about these products and services, including help in assessing whether they may be right for you, please speak with your Advisor.

Access to Specialists

For clients with complex needs, our Advisors have the opportunity to work closely with an extended team of specialists. In addition to Mortgage Advisors referenced above, your Advisor’s service offering may be strengthened with:

  • Insurance Specialists creating insurance plans that meet your needs as part of a holistic risk management strategy;
  • Estate Specialists implementing inheritance and legacy planning strategies;
  • Portfolio Strategists play a pivotal role in designing, implementing, and managing investment portfolios for both individuals and institutions.; and
  • The Advanced Financial Planning Team, comprised of accountants, pension specialists and lawyers (notaries in Quebec) with experience helping clients identify tax efficient strategies for personal, corporate and trust taxation as well as complex estate planning. Clients should consult with their own tax advisors when implementing these strategies.

Account Types

We provide a variety of account types designed to provide clients with access to different investment types and fee structures to meet their needs. These offerings include:

  • IG Advisory Account (IGAA) – the IGAA is a fee-based account that allows you to simplify and consolidate different investments into a single account that may include IG Wealth Management Series F funds, third-party mutual funds and ETFs, high interest savings accounts, GICs and with Investment Dealer Advisors only, individual equity and fixed income securities. The IGAA is an advisory account.
  • iProfile Portfolio Account – the iProfile Account is a fee-based account that holds your iProfile Portfolio investments, high-interest savings accounts, and GICs; The iProfile Portfolio Account is an advisory account.
  • iProfile Private Portfolio Account (discretionary and non-discretionary) – the iProfile Private Portfolio account has a specific investment minimum per household and only iProfile Private Pools can be held in this type of account. iProfile discretionary accounts are suitable for clients who wish to provide discretionary trading authority to I.G. Investment Management Inc. to manage their account as part of the iProfile Private Portfolio discretionary program. iProfile non-discretionary accounts require your authorization for each transaction.
  • “Transaction accounts” are generally no longer offered except in limited circumstances.

Our managed account offering includes:

  • Azure Managed Investments Account (Investment Dealer only) – the Azure Managed Investments Account has an investment minimum and is limited to equities only. An Azure Managed Investments account is a managed account suitable for clients who wish to hold individual equities and provide discretionary trading authority to an IG Portfolio Manager.

a) Offers

Nothing contained in this Site constitutes an offer to buy or sell products or services of IG Wealth Management or any of its affiliates. All products and services are subject to the terms and conditions of any applicable applications, contracts, prospectuses and laws. IG Wealth Management’s products and services and those of its affiliates are available only in Canada in those jurisdictions where they may be lawfully offered for sale. If you reside in Canada, further information about IG Wealth Management products and services may be obtained by contacting an IG Wealth Management Advisor or office.

b) Prospectuses

Important information about any mutual fund is contained in its Simplified Prospectus, Fund Facts document and in its Management Report on Fund Performance. This includes the fund’s investment objective, purchase options and applicable charges. You can view a copy of these documents on this website, or at www.sedarplus.ca. All mutual funds are sold by Prospectus. This Site should not be considered an offer to sell or a solicitation to buy any mutual fund or other products or services available from IG Wealth Management.

c) Performance

Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus and Fund Facts document before investing. Mutual funds are not guaranteed, values change frequently and past performance may not be repeated. The performance data provided assumes reinvestment of distributions only and does not take into accounts sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any government deposit insurer.

In the case of managed asset programs (such as iProfile™), commissions, trailing commissions, management fees and expenses all may be associated with mutual fund or pool investments and the use of an asset allocation service such as iProfile. Please read the Prospectus and Fund Facts documents of the mutual funds or pools in which investment may be made under the asset allocation service before investing. The indicated rate(s) of return is (are) the historical annual compounded total return(s) assuming the investment strategy recommended by the asset allocation service is used and after deduction of the fees and charges in respect of the service. The return(s) is (are) based on the historical annual compounded total returns of the participating funds including changes in units, value and reinvestment of all dividends or distributions and does (do) not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder in respect of a participating fund or pool that would have reduced returns. Mutual funds and pools are not guaranteed, their values change frequently and past performance may not be repeated.

In the case of money market funds, there can be no assurances that the fund will be able to maintain its net assets value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated. Performance information for money market funds is an annualized historical yield based on the seven day period ended on the date shown where the performance information is posted (annualized in the case of effective yield by compounding the seven day return) and does not represent an actual one year return.

d) Mutual Fund Pricing

The value of units or shares of a mutual fund are calculated as at the close of business each day (except for units in IG Mackenzie Real Property Fund, which are calculated twice a month). Subject to any delays as described below, any such unit or share value (and the balances of any mutual fund or share accounts) are shown as of the close of business of the immediately preceding business day.

e) Pricing and Timing

The availability of information regarding account balances or values, or transactions on those accounts, may be delayed by one or both of: 
(i) delays in the processing and posting of instructions and orders given to IG Wealth Management or to your Advisor; and 
(ii) delays in the delivery to IG Wealth Management of data (including the valuation of mutual funds, stocks, bonds and account balances).

As a User, you are cautioned as a result: 
(iii) not to rely on the information which is accessible or viewed on this Site for making any financial or investment decisions, including the purchase, redemption or transfer of investments; and 
(iv) to note the date indicated on this Site as of which the posted information is effective.

f) Mortgage Default Insurance Disclosure:

When homebuyers provide a down payment of less than 20% of the purchase price or appraised value of their property, federally regulated lenders, including Investors Group Trust Co. Ltd., are required by the Government of Canada to obtain Mortgage Default Insurance. Mortgage Default Insurance protects the lender in the event the mortgage borrower defaults on the mortgage agreement. In most circumstances, “default” would imply the mortgage payments have not been made.

Mortgage Default Insurance helps to ensure the lender is able to recover the outstanding principal amount of the mortgage plus expenses from the sale of the foreclosed property. This type of insurance is provided to the lender by Canada Mortgage and Housing Corporation (CMHC), Sagen or Canada Guaranty. It is not the type of insurance that protects the borrower against death, serious illness or disability.

The amount of insurance premium is determined by CMHC, Sagen or Canada Guaranty based on a calculation of the percentage of the amount borrowed and other specific factors, including:

  • Loan to value ratio
  • Amortization period
  • Owner occupied vs. rental property

The Mortgage Default Insurance premiums will be charged to the borrower and can be paid as a lump sum or added to the mortgage balance.

Each mortgage insurer has its own criteria for evaluating the borrower and the property and decides whether or not a mortgage can be insured. There may be cases when a mortgage application is approved by a lender but declined by a mortgage insurer. If this happens, the lender will not be able to provide the loan unless another insurer is prepared to insure the mortgage.

Mortgages with at least a 20% down payment are not typically required to be insured, but there may be instances where it will be required by the lender.

For additional information about the mortgage default insurance, please visit:

CMHC: www.cmhc-schl.gc.ca

Sagen: www.sagen.ca

Canada Guaranty: www.canadaguaranty.ca