Canada Life Investments has extended its range of mixed asset funds with the launch of the CF Canlife Managed 0%-35% Fund (“the Fund”) under its OEIC umbrella.
The Manager David Marchant, CIO of Canada Life Limited and Managing Director of Canada Life Asset Management Limited, seeks to construct a diversified portfolio exhibiting low volatility, which delivers a reasonably secured income and steady growth over a cycle. The fund will sit in the IA Mixed Investment 0-35% Shares sector.
The fund will be diversified across a broad range of UK assets including income-orientated equities, property, government bonds and corporate bonds. David Marchant will focus on assets providing a competitive yield with the fixed income allocation providing stability and income, with short duration bonds helping to cushion against any increase in interest rates.
The strategy for the CF Canlife Managed 0%-35% Fund has been employed for the existing Canlife Managed (0%-35% Shares) Life Fund for more than a decade. The Fund allocates across a number of internally-managed strategies, principally:
- CF Canlife UK Equity Income Fund
- CF Canlife UK Government Bond Fund
- CF Canlife UK Property Jersey Unit Trust
- CF Canlife Corporate Bond Fund
- CF Canlife Short Duration Bond Fund
David Marchant added: “We have clearly entered a period of heightened political and economic uncertainty. In the UK, advisers are increasingly looking to de-risk portfolios after a strong run for risk assets, particularly as Britain looks set to trigger Article 50 in the coming months and set in motion its exit from the EU. There are also unknowns surrounding the new direction in US politics, as well as uncertainties stemming from upcoming elections across Europe. The CF Canlife Managed 0%-35% Fund seeks to address this growing investor need for stable returns and a steady income.”
ENDS
For further information, please contact:
Paul Keeble
Head of Media and PR
Canada Life
T: 07833 085387
E: paul.keeble2@canadalife.co.uk
Notes to editors
David Marchant – Fund manager
David Marchant has more than 31 years’ experience managing assets. He is responsible for Canada Life Investments’ mixed asset funds, totalling more than £2.8 billion. David is CIO of Canada Life Limited & Managing Director, Canada Life Asset Management Limited.
| Share class | ISIN | SEDOL | Ongoing charge figure (OCF)1 | Annual management charge (AMC) | Minimum initial investment 2 |
Minimum top up 2 |
||
| B Acc | GB00BZ005327 | BZ00532 | 0.98% | 0.65% | £500 | £100 | ||
| B Inc | GB00BZ005434 | BZ00543 | 0.98% | 0.65% | £500 | £100 | ||
| C Acc | GB00BZ005541 | BZ00554 | 0.78% | 0.45% | £100,000 | £100 | ||
| C Inc | GB00BZ005657 | BZ00565 | 0.78% | 0.45% | £100,000 | £100 |
1 Estimated OCF. 2 Minimum investments only apply when investing directly with Canada Life Investments.
About Canada Life Investments
Canada Life Investments is a UK-based asset manager responsible for managing more than £35bn of assets across company shares, fixed income and property*. Our parent company, Great-West Lifeco, is one of Canada’s largest financial companies with £600bn** consolidated assets under administration. By being part of a much larger group, we are able to draw on a pool of expertise and resources that enable us to better serve our clients and help them to meet their objectives.
At the heart of our business is a range of investment solutions designed to meet investors’ needs. We have expertise investing in shares, fixed income and property, and offer a range of open-ended funds (OEICs) that cover UK and international shares and bonds, as well as multi-asset strategies.
Our team of investment professionals is based in the heart of the City of London and has extensive experience across all of the major asset classes. With an average tenure of nine years with the company, our fund managers work in a tight-knit atmosphere that fosters the sharing of ideas and allows for empowered decision-making.
* As at 31/12/16
** As at 31/12/15
For more information, visit www.canadalifeinvestments.com
CLI00626 expiry on 28/02/2017