Canada Life is closing in on its target of 100 funds on its portfolio after adding five products this week.
The firm has added the M&G Optimal Income, BlackRock Merrill Lynch Gold & General, and JPM Natural Resources funds, as well as the Threadneedle High Yield and Emerging Market bonds to its portfolio, taking the total of funds to 96.
Canada Life says the inclusion of the Gold & General and Natural Resources funds to its portfolio is as a direct response to requests from IFAs.
It follows the addition in January of three funds from Artemis (Strategic Bond, Income and European Growth) and the BlackRock UK Absolute Alpha fund.
Alain Wolffe, managing director of wealth management at Canada Life, says: “These new fund links enhance the benefits of our products as financial advisers and clients alike demand access to a wide range of successful funds, as well as some of the more sophisticated vehicles, such as BlackRock’s UK Absolute Alpha and M&G’s Optimal Income funds.”
“The recent and future fund links will also further improve the functionality of the Canada Life Investment Planner tool, which is a free online risk profiling and asset allocation tool available through the Canada Life website.
“The addition of these funds increases our life fund range to 96, and our aim is to bring the total number of funds available to investors to more than 100 by the end of March,” concludes Wolffe.”
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