Canadians today have a wealth of segregated fund options to choose from. Only insurance companies can offer them. Why buy variable annuities (segfunds)? This is a quick reference guide only. Favourites Fund name As at date Price ($) 1 day chg ($) Asset class Resources; CAN Global Low Volatility (ILIM) 100/100: 01/20/2021: 10.15-0.02: Foreign equity Naturally, it will be proportionally reduced by any withdrawals. The range includes our popular risk-rated, multi-asset Portfolio funds, which sit alongside a selection of single strategy funds. Switch fee What if I change my mind? Despite the guarantees offered, these investments carry a risk. In addition, Canada Life Investment Management Ltd. is replacing GLC Asset Management Group Ltd. as the manager of the funds currently managed by its PSG division. The following segregated funds will be added to the Canada Life segregated fund shelf, effective immediately: Fund name. Additional fund details are available on the Fund overview & performance websiteOpens a new website in a new window provided by Fundata Canada Inc. You can also view details for segregated funds originally with Great-West Life, and London Life. Learn more, The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Pivotal Select™ segregated funds are a type of investment option that offers growth potential with financial protection. While segregated funds are similar to mutual funds, segregated funds have unique features that protect your investment throughout your life, and assist in the efficient transfer of assets when you pass away. How Canada Life is supporting you during COVID-19. An advisor can help you make your choice based on your comfort with risk and financial goals. With our choice of guarantees, you can expand your wealth and secure it at the same time. The Manufacturers Life Insurance Company (Manulife) is the issuer of insurance contracts containing Manulife segregated funds and the guarantor of any guarantee provisions therein. The most common kind of segregated fund is the one administered by life insurance companies like Sun Life, Equitable Life of Canada, Alliance Financial Group, Empire Life, and Industrial Alliance, as well as by the Royal Bank of Canada. Using the Segregated Portfolio Service with our open architecture bonds allows a discretionary fund manager to access equities and bonds directly. Money invested in segregated funds contracts may also be protected against seizure by creditors. Is this a risky investment? Not included in this change will be Mortgage (Portico), Long Term Bond (Portico) and Real Return Bond (Portico), which will now be managed by The Canada Life Assurance Company. WINNIPEG, May 11, 2020 /CNW/ - Canada Life today announced that it's strengthening its segregated fund shelf by adding nine new global funds.. Segregated fund contracts guarantee 75% to 100% of your premiums (less withdrawals) when the contract matures, or on your death. Fee What you pay Short-term trading fee Up to 2% of the value of units you redeem or switch within 90 days of investing in the fund. Segregated fund policies give you the freedom to invest while offering insurance protection to preserve your savings. Sun Life Guaranteed Investment Funds (GIFs) is an industry-leading suite of segregated fund products to help meet clients" investment growth, market protection, lifetime guaranteed income and legacy planning needs. Manulife Mutual Funds, Manulife Private Investment Pools, Manulife Closed-End Funds and Manulife Exchange-Traded Funds (ETFs) are managed by Manulife Investment Management Limited. However, this is more or less where the similarities end. Canada Life segregated funds policy originally with London Life. Segregated (or seg) funds are an investmentInvestment An item of value you buy to get income or to grow in value. Filter by: Segregated funds . Fee What you pay Short-term trading fee Up to 2% of the value of units you redeem or switch within 90 days of investing in the fund. For full contract provisions, refer to the product’s Information Folder, Contract & Fund Facts. As of July 20, 2020, Sun Life Global Investments (Canada) Inc. changed its name to SLGI Asset Management Inc. Switch fee Your web browser is out-of-date. Other fees You may have to pay other fees when you redeem or switch units of the fund. Other fees You may have to pay other fees when you redeem or switch units of the fund. The Manufacturers Life Insurance Company is the issuer of guaranteed insurance contracts, annuities and insurance contracts containing Manulife segregated funds. Depending on how much you’re looking to invest, there’s a broad range of series choices with different fee designs. Differences Between the Funds . Canada Life has added nine segregated funds to its product shelf, the Winnipeg-based firm stated in a release on Monday. Who can sell segregated funds? Former holders of Canada Life Financial Corporation common shares (CLFC). Segregated funds are considered to be life insurance products sold by … Your investments could be protected even if you face unexpected lawsuits or bankruptcy. An investment made in a variable annuity or segregated fund contract offers you the combination of the growth potential of a mutual fund and guarantees of a life insurance company. Canada Life has added nine segregated funds to its product shelf, the Winnipeg-based firm stated in a release on Monday. Fee What you pay Short-term trading fee Insurance INTEL, the information centre for the life and health Insurance industry associated with the Insurance Portal, reports that 13 insurers offer segregated fund guarantees as part of at least 18 products available on the Canadian market. A segregated fund is an investment pool structured as a deferred variable annuity and used by insurance companies to offer both capital appreciation and death benefits to policyholders. Segregated funds (seg funds) are similar to mutual funds, but with a few key differences. This page provides details for Canada Life’s segregated fund policies, including information folders, fund facts, rates of return, contracts and financial statements. Portfolio manager. This means there will be some updates to our materials, and this will occur in due course. The new funds capitalize on global exposure. Get in touch with your advisor, or find an advisor to start investing today. WINNIPEG , May 11, 2020 /CNW/ - Canada Life today announced that it's strengthening its segregated fund shelf by adding nine new global funds. Effective January 2021 Mackenzie Investments is replacing GLC Asset Management Group Ltd. and four of its investment management divisions: Portico, GWLIM, Laketon and London Capital as the manager of specific segregated funds. In a nutshell, a segregated fund is a pool of money spread across different investments. “Working with our advisors, we’ve identified the need for more global investment options for our customers,” said Hugh Moncrieff , executive vice-president of advisory network and industry affairs at Canada Life, in the release. Canada Life segregated funds This page provides details for Canada Life’s segregated fund policies, including information folders, fund facts, rates of return, contracts and financial statements. This means that when your investment reaches its maturity date or when you pass away, if your investment is worth less than its guaranteed value, the insurance protection will top you up. Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value. FUND FACTS — Canada Life Segregated Funds Policy All information as at December 31, 2019 U.S. Dividend (GWLIM) 3. The life and pension fund range lets you access over 150 carefully selected funds covering all the main asset classes. Other fees You may have to pay other fees when you redeem or switch units of the fund. How Canada Life is supporting you during COVID-19. It can be no earlier than 15 years from the […] Learn more. © The Canada Life Assurance Company 2009 - 2021. It targets an asset mix … * Footnote *, Your designated beneficiaries (if you decide to have them) are a private matter and won’t be disclosed. 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