MONTREAL, May 26, 2014 /CNW Telbec/ - Standard Life Mutual Funds (SLMF) launched today two new mutual funds
which offer individual investors access to emerging markets. The new
funds address the need of Canadian investors to diversify globally
through the expertise and worldwide management capabilities of Standard
"Many emerging economies have experienced rapid growth in recent years
and Canadian investors are looking for a way to gain access to that
growth," said Yanic Chagnon, Vice-President of Retail Solutions. "They
can access some of the emerging markets' most compelling investment
opportunities through the new funds, which benefit from Standard Life
Investments' local insights in global markets."
The two new funds are:
The Standard Life Emerging Markets Debt Fund aims to provide a combination of capital growth and income by investing
primarily in debt securities of issuers located or participating in
emerging market countries.
Richard House, Head of Emerging Markets Fixed Income at Standard Life
Investments said: "The emerging market U.S. dollar-denominated debt
asset class allows investors to gain exposure to a diverse opportunity
set of over 60 countries. Due to many years of macro policy making
improvements, the credit quality of the asset class has continued to
improve. On average emerging market sovereign debt is now rated as
investment grade. Adding emerging market debt to a Canadian fixed
income portfolio provides diversification benefits as well as
potentially offering a higher yield."
The Standard Life Emerging Markets Dividend Fund aims to provide a combination of capital growth and income by investing
primarily in a portfolio of dividend paying equity and equity-type
securities of companies that are located or participating in emerging
markets. This fund is also available in corporate class.
Mark Vincent, Investment Director of Global Emerging Markets at Standard
Life Investments added: "A focus on both dividend growth and dividend
sustainability is a great way to unlock the potential returns of global
emerging market equities over the longer term. The choice is limited
for Canadians wanting to invest in such opportunities, and with the
launch of these two Standard Life mutual funds, investors will get
considerable access to this sector."
Notes to Editors
Standard Life Investments leverages its in-house macro-economic insights to supplement fundamental
security analysis. Its investment decisions provide local insights to
identify investment opportunities based on an assessment of such
factors as available yields, quality of management and corporate
earnings and dividend growth, as well as industry and overall economic
prospects. As of December 31, 2013, Standard Life Investments managed
C$324 billion on behalf of clients worldwide.
Standard Life Emerging Markets Debt Fund Facts
Standard Life Emerging Markets Dividend Fund Facts
About Standard Life Mutual Funds
Standard Life Mutual Funds Ltd. (SLMF) was established in 2000 in Canada. It offers to advisors and
individual investors some 60 mutual funds and fund-of-funds with
varying investment styles across major asset classes. As of December
31, 2013, SLMF had C$5.4 billion of assets under management. It is part
of Standard Life plc, a leading long-term savings and investments
company headquartered in Scotland and operating internationally, and is
affiliated with The Standard Life Assurance Company of Canada.
SOURCE: STANDARD LIFE MUTUAL FUNDS LTD.
For further information:
514 499-7999 or 1 877 499-9555, ext. 4600