Investors seeking sustainable options will have new opportunities from enhanced solutions
Canada Life is giving investors new opportunities in sustainable investing through the enhancement of some of the underlying funds in its Canada Life Sustainable Portfolios suite.
Five of the Canada Life Assurance Company and Canada Life Investment Management segregated fund and mutual fund line-ups will be available as standalone responsible investment branded mutual and segregated funds.
"Whether through the products they buy or the companies they do business with, Canadians are telling us they want to make a positive contribution to the world, while also working towards their financial goals – so we're helping them do exactly that with standalone, responsible investment solutions that seek to align with their values," said Steve Fiorelli, Senior Vice-President, Wealth Solutions, Canada Life and Chief Executive Officer, CLIML. "It's another way that Canada Life is affirming its commitment to responsible investing, while helping Canadians meet their financial planning needs."
Seg fund enhancement
Canada Life is also launching the Diversified Real Assets fund, further enhancing its seg fund offering.
"Recently, we've seen inflation at 40-year highs, and experienced considerable market volatility. Given these changing market environments, offering diverse product options is more important than ever. With this new addition to our segregated fund shelf, we're further bolstering the options for advisors and their clients. It means more investment opportunities to help meet clients' unique long-term goals – no matter what the market brings."
Additionally, the firm is reopening its Emerging Markets Equity seg fund to new investors and adding Global Small-Mid Cap Growth to its range.
Finally, it is removing the Pathways brand name from 12 segregated funds.
