Canada Life has added nine segregated funds to its product shelf, the Winnipeg-based company said in a statement on Monday.
The new funds leverage global exposure.
“Working with our advisors, we have identified the need to provide our clients with more global investment options,” he said Hugh Moncrieffexecutive vice president of advisory network and industry affairs at Canada Life, in a release.
Last fall, Canada Life moved into one shelf of segregated funds when its parent company, Great-West Lifeco Inc., consolidated its three life insurance companies – Great-West Life Assurance Co., London Life Insurance Co. and Canada Life Assurance Co. — under the Canada Life brand.
The new funds will complement the shelf, helping clients “increase their exposure to global funds and further diversify their portfolios to meet their investment needs,” he said Paweł Orlanderexecutive vice president of consumer affairs at Canada Life, in a release.
The new funds are presented in the table below.
|
Fund |
Portfolio manager |
Investment category |
|
Global Founders (Beutel Goodman) |
Goodman’s bag |
Global equity capital |
|
Global Sustainable Value (Beutel Goodman) |
Goodman’s bag |
Global sustainable capital |
|
Global Equity (Capital Group) |
capital Group |
Global equity capital |
|
Canada Life Fidelity Global Balanced Portfolio |
Faithful investments |
Globally neutral sustainable |
|
Canada Life Fidelity Global Income Portfolio |
Faithful investments |
Global Sustainable Fixed Income |
|
Global Sustainable Growth (Mackenzie) |
Mackenzie’s investments |
Global sustainable capital |
|
Sustainable Global Growth (T. Rowe Price) |
T. Rowe Price |
Global sustainable capital |
|
Global Growth Capital (T. Rowe Price) |
T. Rowe Price |
Global equity capital |
|
Global Multi-Sector Bonds (T. Rowe Price) |
T. Rowe Price |
Global Fixed Income |
