MONTREAL, July 9, 2012 /CNW Telbec/ - Standard Life Mutual Funds Ltd.
launches two new mutual funds: Standard Life Short Term Bond Fund and
Standard Life High Yield Bond Fund available to retail investors.
"Supporting advisors in meeting the needs of their customers is our
priority. By launching these two new funds, we wanted to complete an
already comprehensive suite of income solutions, especially in a
context of low interest rates and high market volatility," said Patrick
Loranger, Manager, Retail Investment Products at Standard Life.
The Short Term Bond Fund is managed by Standard Life Investments Inc.,
one of the largest fixed income managers in Canada. Its investment
objective is to provide a higher level of current income than
traditional money market instruments while preserving capital and
maintaining liquidity. The Fund invests primarily in Canadian
short-term fixed-income securities. They can be issued by the federal
government, provincial government or Canadian corporations.
As for Standard Life High Yield Bond Fund, its investment objective is
to provide a high level of income and potential for long-term capital
growth. The Fund invests primarily in higher-yielding corporate or
government debt securities of issuers throughout the world. The
portfolio management responsibilities of this fund have been
sub-advised to Standard Life Investments (USA) Ltd.
Investors who would like more information on Standard Life's mutual
funds can contact their advisor or visit www.standardlife.ca.
About Standard Life Mutual Funds
Standard Life Mutual Funds Ltd. (SLMF) is a modern and forward-thinking company which strives to offer
advisors and retail investors in Canada, products and services that
inspire confidence and optimism about the future. SLMF offers a wide
range of professionally managed mutual funds with varying investment
styles across major asset classes. Established in 2000, SLMF serves
close to 70,000 investors and offers some 51 mutual funds and
fund-of-funds. It has total managed assets of more than C$4.5 billion
(as at March 31, 2012).
SLMF is part of Standard Life plc, a leading long-term savings and
investments company headquartered in Scotland and operating
internationally. It is affiliated with The Standard Life Assurance
Company of Canada.
SOURCE STANDARD LIFE MUTUAL FUNDS LTD.
For further information:
Valérie Lamarre, Senior Advisor
External Communications and Public Affairs
514-499-7999, ext. 8150