By Canada Life | Feb. 1, 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. 10, 2023, Mackenzie Investments announced that Todd Mattina, Senior Vice-President, Chief Economist and Co-Lead of the Multi-Asset Strategy (MAS) Team has decided to leave Mackenzie, effective Jan. 19, 2023, to pursue an opportunity outside of Mackenzie..
Nelson Arruda, Senior Vice-President and Co-Lead of the MAS Team, will continue as the sole team lead and will manage all mandates without interruption. The MAS Team is responsible for establishing the asset allocation for Mackenzie’s balanced funds. The strategies managed by the MAS team are run with a team approach, which should limit the impact of any one member leaving. The IMR team will continue to monitor the mandates managed by the MAS team as a result of this announcement.
The funds’ benchmarks, fees, investment objectives and styles remain unchanged and no action is required.
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.