Investors get access to the rebounding global real estate sector
MONTREAL, Nov. 4, 2013 /CNW Telbec/ - Standard Life Mutual Funds ("SLMF") announced today the launch of the Standard Life Global Real Estate Fund for retail investors. This new fund brings investors increased portfolio diversification, exposure to growing global real estate markets and over 50 years of real estate expertise from global asset manager Standard Life Investments.
Backed by experienced investment professionals based in Asia Pacific, Europe and North America, this latest mutual fund invests primarily in the securities of real estate investment trusts and in equity or equity-type securities of companies that participate in the real estate industry.
"We understand Canadian investors' desire for more access to the rebounding real estate sector and we've designed the right solution for them with the help of our experienced global manager," said Yanic Chagnon, Vice-President, Retail Solutions. "We're confident that this latest fund will help investors achieve a combination of capital growth and income, and acts as a complement to traditional asset classes."
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.
Notes to Editors
- Fact sheet Global Real Estate Fund
About Standard Life
Standard Life provides long-term savings, investment and insurance solutions to more than 1.4 million Canadians, including group retirement and insurance plan members. Standard Life in Canada has been doing business for 180 years and has approximately 2,000 employees. It operates under Standard Life Financial Inc., which wholly owns The Standard Life Assurance Company of Canada and Standard Life Mutual Funds Ltd.
Standard Life Financial is the largest operation outside the United Kingdom of Standard Life plc, its parent company headquartered in Edinburgh, Scotland. Standard Life plc has around six million customers worldwide and operates in the UK, Canada, Europe, Asia, the Middle East and globally with Standard Life Investments Ltd.
Standard Life plc had $396 billion in assets under administration, including $46.1 billion in Canada through Standard Life Financial Inc. (at September 30, 2013).
SOURCE: STANDARD LIFE MUTUAL FUNDS LTD.
For further information:
514-499-7999, ext. 8150