Canada Life launches five funds

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Canada Life International (CLI) has launched five new funds administered by Fortis Investments.

The company is the first offshore provider to have a formal link in place with a suite of capital protected funds available from Fortis, each providing the investor with a different maturity date. The first of the funds to mature will be the CLI Fortis Protected Lifestyle 2015 fund (maturing in 2015). The remaining four funds will mature in 2020, 2030 and 2035. Mario Ricciardi, executive director at CLI, said: "Our internal fund range is home to over 200 investment funds managed by over 30 of the world's leading fund managers. The introduction of the five Fortis Capital Protected funds is...

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