Canada Life bolsters segregated fund offering with nine new global segregated funds

WINNIPEG, May 11, 2020 /CNW/ - Canada Life today announced that it's strengthening its segregated fund shelf by adding nine new global funds.

These new funds leverage strong global investment competencies of some of the world's largest investment fund managers, and capitalize on opportunities outside of Canada, offering customers' portfolios more diversification and stable returns throughout a full market cycle.

"Last fall, we took the best-of-the-best segregated fund mandates from Great-West Life, London Life and Canada Life to create a stronger Canada Life shelf that provides solutions designed to perform across a full market cycle," said Paul Orlander, Executive Vice-President, Individual Customer, Canada Life. "These new funds will enhance and complement our existing shelf, helping our customers increase their exposure to global funds and further diversify their portfolios to meet their investment needs."

"Working with our advisors, we've identified the need for more global investment options for our customers. These mandates are in demand across the industry," said Hugh Moncrieff, Executive Vice-President, Advisory Network and Industry Affairs, Canada Life. "These new funds will give advisors and their customers highly competitive solutions that provide access to growth and innovation from around the world, equipping Canadians with customized solutions to help them achieve their financial goals."

The following segregated funds will be added to the Canada Life segregated fund shelf, effective immediately:

Fund name	Portfolio manager	Investment category
Global Founders (Beutel Goodman)	Beutel Goodman	Global Equity
Global Value Balanced (Beutel Goodman)	Beutel Goodman	Global Equity Balanced
Global Equity (Capital Group)	Capital Group	Global Equity
Canada Life Fidelity Global Balanced Portfolio	Fidelity Investments	Global Neutral Balanced
Canada Life Fidelity Global Income Portfolio	Fidelity Investments	Global Fixed Income Balanced
Global Growth Balanced (Mackenzie)	Mackenzie Investments	Global Equity Balanced
Global Growth Balanced (T. Rowe Price)	T. Rowe Price	Global Equity Balanced
Global Growth Equity (T. Rowe Price)	T. Rowe Price	Global Equity
Global Multi-Sector Bond (T. Rowe Price)	T. Rowe Price	Global Fixed Income

For more information on the Canada Life segregated fund shelf, visit canadalife.com/investing.

About The Canada Life Assurance Company
Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we've made.

As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.

SOURCE Canada Life

Liz Kulyk, Director, Media & Public Affairs, Canada Life, 204-391-8515, [email protected]