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Canada Life International expands fund range

Canada Life International has launched five new Fortis Investments funds.

The first of the funds to mature will be the CLI Fortis protected lifecycle 2015 fund which matures in 2015. The remaining four funds will mature in 2020, 2025, 2030 and 2035.

The new funds incorporate a ‘lifecycle’ feature, which allows them to automatically rebalance from equity to fixed income as each maturity date approaches.

The Isle of Man based offshore provider is the first to have a formal link with capital protected funds from Fortis.

CLI executive director Mario Ricciardi says: “The introduction of the five Fortis capital protected funds is in response to demand from the IFA community, for funds that guarantee the investor a full capital return if held to maturity. At a time when world markets are facing a level of uncertainty, funds of this type provide our clients with peace of mind whilst still giving some equity exposure”.


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Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]

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