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LF Canlife Managed 40%-85% 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 40%-85% Shares Sector.

 

Essential features of the Fund

LF Canlife Managed 40%-85% Fund 

  • The Fund invests at least 90% indirectly, via collective investment schemes, in the following asset classes: equities, debt securities (such as corporate bonds, convertible bonds and government and public securities), alternative investments (such as hedge fund strategies and infrastructure) and cash (including deposits and money market instruments)
  • Its exposure to equities can be between 40% and 85% of its assets, but it will typically hold between 50% and 80%. Exposure to investment grade government and corporate bonds will typically be between 10% and 40%
  • The Fund can invest across different geographic areas and industry sectors without limitation
  • The Fund will gain exposure to these asset classes by investing mainly in collective investment schemes managed by Canada Life Asset Management. It may also invest in other collective investment schemes (open and closed ended), exchange traded funds and other transferable securities (such as real estate investment trusts)
  • The Fund may also invest up to 10% directly in the asset classes stated above by investing in securities issued by companies and governments
  • The Fund may not have exposure to all asset classes at all times
  • The Fund may use derivatives for efficient portfolio management purposes

How the Fund is managed

  • The managers focus on achieving higher returns through actively managed asset allocation and fund selection
  • The managers are free to make investment decisions without being constrained by specific benchmarks or targets in relation to markets or geographic sectors
  • The Investment Manager undertakes a strategic asset allocation review at least annually.  This determines, for a range of asset classes, minimum and maximum allocation bands for each asset class
  • A tactical review is undertaken at least quarterly which assesses each asset class at a more granular level (for example, for bonds whether government or corporate bonds are preferred). The Investment Manager will use the outcomes of these reviews in determining which asset classes to invest in and the weightings of those asset classes that will be held

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

Ratings

   

 

Reasons to recommend

Capitalising on best investment opportunities

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 higher level of risk, in accordance with their risk profile.

Diversification

The Fund offers a straightforward, well-diversified portfolio consisting of a broad range of global assets, including global equities, government and corporate bonds, with typically higher exposure to growth assets.

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 managers also have 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

Learn more
Craig Rippe

Craig Rippe

Head of Multi-Asset

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Sales contact
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Craig Metcalf

Head of Strategic Alliances

07917 200783

craig.metcalf@canadalife.co.uk

Fund comparison tool

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