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LF Canlife Managed 20%-60% Fund

About the Fund

The Fund aims to achieve capital growth over any five-year period, after all costs and charges have been taken. The Fund’s comparator benchmark is the IA Mixed Investment 20-60% Shares Sector.


Essential features of the Fund

LF Canlife Managed 20%-60% Fund 

    • At least 90% of the Fund is invested in other funds. These are usually funds managed by Canada Life Asset Management but it may also invest in funds managed by external managers
  • The Fund may have exposure to a range of UK and overseas asset classes including equities, debt securities (government and corporate bonds including convertibles and preference shares), cash, near cash, money market instruments, immovable property, infrastructure and commodities
  • The fund manager decides the appropriate mix of asset classes to achieve the Fund’s objectives, while keeping the Fund’s exposure to property, equities and bonds within the following ranges:

           Equities - 20-60%

           Government and corporate bonds and cash - 30-50%

           Property - 10-20%

      • The Fund can also invest up to 10%  directly in the asset classes stated above (except immovable property, infrastructure and commodities) and invest in investment trusts (including Real Estate Investment Trusts), closed-ended funds and hedge funds

How the Fund is managed

  • The fund manager focuses on providing longer-term capital growth (at least 5 years) through actively managed asset allocation and fund selection
  • The fund manager decides which assets to invest in and how the portfolio should be allocated between asset classes
  • A quarterly tactical review of asset allocation enables the fund manager to decide how to adjust the Fund’s short-term exposures to different asset classes in response to short- to medium-term market and economic developments
  • An annual strategic review of asset allocation is used to determine minimum and maximum allocations for each asset class

For further details on the objective and investment policy, visit the Literature section to view fund KIIDs and Prospectus.



Reasons to recommend

Longer term growth aim
The Fund may not be appropriate for investors who plan to withdraw their money within five years of investing. It may be appropriate for investors seeking longer-term capital growth while also being able to accept a moderate to higher level of risk, in accordance with their risk profile.

The Fund offers a straightforward, well-diversified portfolio consisting of a broad range of global assets, including global equities, government and corporate bonds and UK property.

In-house management expertise
By investing in our own cost-effective range of actively managed funds, we are able to draw on the expertise of our in-house fund management teams and their long-term track records in fixed income, equities and property. The fund manager also has the ability to choose other external investment managers if an internal fund is not available or suitable.

This fund is available as part of the Core Range within Canada Life’s Retirement Account solution. For more information on this visit here.

The value of investments may fall as well as rise and investors may not get back the amount invested

The fund may invest in property funds that may be illiquid and subject to wide price spreads, both of which can impact the value of the fund. The value of the property is based on the opinion of a valuer and is therefore subjective.

Fund Managers
David Marchant

David Marchant

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Craig Rippe

Craig Rippe

Head of Multi-Asset

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Jordan Sriharan

Jordan Sriharan

Fund Manager, Multi-Asset

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Sales contact
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Craig Metcalf
Head of Strategic Alliances

07917 200783


Data Asset Management 1440X520

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