Friday, December 6, 2024

Canada Life adds 9 segregated funds to its shelf

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

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