Canada Life International (CLI) has expanded its internal fund range, launching five new mirror funds from Fortis Investments.
The Isle of Man-based company is the first offshore provider to have a formal link in place with a suite of capital protected funds from Fortis, each with a different maturity date. The first of the funds to mature will be the CLI Fortis Protected Lifestyle 2015 fund, while the remaining four funds will reach maturity in 2020, 2025, 2030 and 2035. The funds will be available through CLI’s Offshore Savings Account, a regular-premium plan, as well as through the single-premium Delta Account and the Flexible Life Plan, a whole-of-life contract. Canada Life said the funds have been introd...
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