May 11, 2020
Winnipeg, MB, May 11, 2020. . . Canada Life today announced that it’s strengthening its segregated fund shelf by adding nine new global funds.
These new funds leverage strong global investment competencies of some of the world’s largest investment fund managers, and capitalize on opportunities outside of Canada, offering customers’ portfolios more diversification and stable returns throughout a full market cycle.
“Last fall, we took the best-of-the-best segregated fund mandates from Great-West Life, London Life and Canada Life to create a stronger Canada Life shelf that provides solutions designed to perform across a full market cycle,” said Paul Orlander, Executive Vice-President, Individual Customer, Canada Life. “These new funds will enhance and complement our existing shelf, helping our customers increase their exposure to global funds and further diversify their portfolios to meet their investment needs.”
“Working with our advisors, we’ve identified the need for more global investment options for our customers. These mandates are in demand across the industry,” said Hugh Moncrieff, Executive Vice-President, Advisory Network and Industry Affairs, Canada Life. “These new funds will give advisors and their customers highly competitive solutions that provide access to growth and innovation from around the world, equipping Canadians with customized solutions to help them achieve their financial goals.”
The following segregated funds will be added to the Canada Life segregated fund shelf, effective immediately:
|
Fund name |
Portfolio manager |
Investment category |
|
Global Founders (Beutel Goodman) |
Beutel Goodman |
Global Equity |
|
Global Value Balanced (Beutel Goodman) |
Beutel Goodman |
Global Equity Balanced |
|
Global Equity (Capital Group) |
Capital Group |
Global Equity |
|
Canada Life Fidelity Global Balanced Portfolio |
Fidelity Investments |
Global Neutral Balanced |
|
Canada Life Fidelity Global Income Portfolio |
Fidelity Investments |
Global Fixed Income Balanced |
|
Global Growth Balanced (Mackenzie) |
Mackenzie Investments |
Global Equity Balanced |
|
Global Growth Balanced (T. Rowe Price) |
T. Rowe Price |
Global Equity Balanced |
|
Global Growth Equity (T. Rowe Price) |
T. Rowe Price |
Global Equity |
|
Global Multi-Sector Bond (T. Rowe Price) |
T. Rowe Price |
Global Fixed Income |
For more information on the Canada Life segregated fund shelf, visit canadalife.com/investing.
About The Canada Life Assurance Company
Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.
As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.
For more information contact:
Liz Kulyk
Director, Media & Public Affairs
Canada Life
204-391-8515
Media.Relations@canadalife.com
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