By Canada Life | Feb. 14, 2023
The investment manager research (IMR) team oversees the fund managers of Canada Life’s mutual and segregated funds. They monitor, evaluate, and rate the funds and their managers. This helps to ensure the managers and funds on our platform are relevant and competitive so you can feel confident you are providing the right investment solutions to your clients.
On Jan. 12, 2023, Beutel Goodman announced the retirement of Pat Palozzi, Vice-President and Portfolio Manager, Canadian Equities. Effective Jan. 31, 2024, Vim Thasan, Vice-President, Canadian Equities, will join James Black, Vice-President, Canadian Equities and Director of Equities Research, as co-lead portfolio manager for Beutel Goodman’s Canadian equity strategies.
Thasan is currently a generalist on the Canadian Equities team, where he researches and presents potential investment ideas across sectors. He joined Beutel Goodman in 2020, and has over a decade of investment management experience. Prior to joining Beutel Goodman, he worked at 1832 Asset Management L.P., where he co-managed several Canadian-focused dividend mandates.
The portfolio management team and analysts who have been responsible for the Beutel Goodman mandates (listed below) are still in place. The IMR team will continue to monitor the funds as a result of this announcement.
The funds’ benchmarks, fees, investment objectives and styles remain unchanged and no action is required.
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Current portfolio managers
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New portfolio managers
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Mutual fund
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Canada Life Canadian Focused Value Fund
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James Black
Pat Palozzi |
Vim Thasan |
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Pat Palozzi |
Vim Thasan |
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Pat Palozzi |
Vim Thasan |
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Pat Palozzi |
Vim Thasan |
The views expressed in this update are current as of Feb. 14, 2023 and are subject to change without notice. This update is presented only as a general source of information and is not intended as a solicitation to buy or sell specific investments, nor is it intended to provide tax or legal advice.
This fund is available through a segregated funds policy issued by The Canada Life Assurance Company or as a mutual fund managed by Canada Life Investment Management Ltd. offered exclusively through Quadrus Investment Services Ltd. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. A description of the key features of the segregated fund policy is contained in the information folder. Any amount allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value.
Canada Life and design, and Canada Life Investment Management and design are trademarks of The Canada Life Assurance Company.