Standard Life Mutual Funds changes its fund line-up

MONTREAL, July 19, 2013 /CNW Telbec/ - Standard Life Mutual Funds (SLMF) announced today updates to its mutual fund line-up that include the introduction of two brand-new funds, the closing to additional investments of two Corporate Class funds and the addition of five Corporate Class funds.

"Canadian investors are looking for a balanced investment approach that can provide income solutions and reduced risk exposure," said Yanic Chagnon, Vice-President, Retail Solutions, Marketing and Customer Solutions, at Standard Life. "We offer the strategic and risk management expertise of our portfolio manager, Standard Life Investments Inc., and can leverage its global presence to provide local insights to identify the best investment opportunities."

The two brand-new funds are:

The Standard Life U.S. Monthly Income Fund offers investors balanced exposure to the many opportunities in the large and diverse American market. The fund is designed to provide an integrated solution: US fixed income for yield potential and US equities for potential capital appreciation and dividends. It aims to provide less volatility than a fund entirely invested in equities. It also provides a monthly distribution. "This fund has a balanced and flexible mandate," said Boston-based Brian Fox, Senior Vice-President, Equities (USA), Standard Life Investments. "The US team is a key part of Standard Life Investments' global network and provides a crucial local presence for analyzing American markets and managing US equity portfolios."

The Standard Life Tactical Bond Fund is designed to generate a combination of capital growth and income. It offers a flexible approach to managing fixed income to reflect the changing marketplace. "We use theme-based investing - looking beyond traditional asset allocation and passive benchmark investing," said Marc Rouleau, Vice-President, Fixed Income, Standard Life Investments in Montréal. "We aim to build portfolios that offer the potential to perform in rising and declining rate environments."

Corporate class changes
In order to ensure the long-term management efficiency of its Corporate Class, SLMF is immediately closing two funds to additional investments. The two funds are: Standard Life Canadian Bond Class and Standard Life Corporate Bond Class. Existing shareholders in these funds will continue to be eligible to purchase additional shares.

SLMF is also expanding its Corporate Class with five new funds which offer clients increased selection and switching opportunities:

  • Standard Life Canadian Equity Growth Class
  • Standard Life Canadian Equity Value Class
  • Standard Life Dividend Income Class
  • Standard Life U.S. Dividend Growth Class
  • Standard Life Global Equity Value Class

Advisors may select from 22 share classes in Corporate Class funds, and can switch investors' assets from one class to another as their market outlook evolves and other circumstances change. Investors are encouraged to speak with an advisor about their options regarding Corporate Class funds.

Visit: Standard Life Mutual Funds

Notes to editors

Available videos:

Standard Life U.S. Monthly Income Fund: Access attractive ongoing income streams
Portfolio manager: Brian Fox, Senior Vice-President, Equities (USA), Standard Life Investments
Disclaimer: This video represents the opinion of Standard Life Investments.
Link to embed

Standard Life Tactical Bond Fund: Performing in all interest rate environments
Portfolio manager: Marc Rouleau, Vice-President, Fixed Income, Standard Life Investments
Disclaimer: This video represents the opinion of Standard Life Investments.
Link to embed

About Standard Life Mutual Funds
Established in 2000, Standard Life Mutual Funds Ltd. (SLMF) offers 58 mutual funds and fund-of-funds to more than 64,000 investors in Canada. Its wide range of mutual funds is managed by professionals with varying investment styles across major asset classes. As of March 31, 2013, SLMF had approximately $4.9 billion in assets under management.

SLMF is a wholly owned subsidiary of Standard Life Financial Inc. whose parent company, Standard Life plc, is headquartered in Edinburgh, Scotland.


For further information:

Geoffrey King
514-499-7999, ext. 8150

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