Canada Life launches four risk-rated funds

Canada Life has launched four risk-rated funds which automatically re-balance according to the market...

Canada Life has launched four risk-rated funds which automatically re-balance according to the market conditions. The range includes Canlife Reserved, Cautious, Strategic and Growth and has been designed to sit alongside the firm’s Investment Planner asset allocation tool. They will predominantly invest in internal funds, making them lower cost said the group, and the asset allocations of each fund is regularly reviewed and automatically rebalanced in line with any changes. Alain Wolffe, managing director at Canada Life, said: “The recent market volatility, coupled with the current cli...