The LF Canlife Managed 0%-35% Fund is an actively managed fund of funds* that aims to provide long-term capital growth and steady income with low volatility by investing in a diversified portfolio of UK income-generating bonds, equities and direct property. The strategy for the LF Canlife Managed 0%-35% Fund has been employed for the existing Canlife Managed (0%-35% Shares) Life and Pension Funds for more than a decade. While the fund may have up to 35% exposure to equities, it is normally no more than 30%. *The Fund may also invest in asset classes including equities, fixed income, money market instruments, immovable property, commodities and cash.
The chart below demonstrates how the Fund sits alongside the LF Canlife Managed 20%-60% Fund.
Target allocations set at 25/04/2019
Co-Managed by Craig Rippe, Head of Multi-Asset, and David Marchant, CIO, the Fund’s strategy is straightforward with the construction of a diversified portfolio that exhibits low volatility and aims to deliver reasonably steady growth and income over an economic cycle. This Fund is about dampening down risk and fluctuations. As it only invests in sterling denominated assets, there are no direct foreign exchange risks. Investing primarily in our own range of actively managed funds, the managers have access to the expertise of our in-house fund management teams and their long-term track records. This not only allows the managers to receive in-depth updates on the positioning and activity within each fund, but also enables them to keep product costs down and focus on wider asset allocation decisions.
TARGETS STABLE GROWTH AND INCOME
AIMS FOR LOW VOLATILITY AND DIVERSIFICATION
STRONG TRACK RECORD
Past performance is not a guide to future performance. The value of investments may fall as well as rise and investors may not get back the amount invested. Income from investments may fluctuate. Currency fluctuations can also affect performance. Performance figures are on a bid to bid with net income reinvested basis. Valuations are based on the previous day's prices.
1Estimated OCF. 2Minimum investments only apply when investing directly with Canada Life Investments
Chief Investment Officer, Canada Life Limited & Managing Director, Canada Life Asset Management Limited.
David took over as Chief Investment Officer, Canada Life Limited and Managing Director, Canada Life Asset Management Limited in July 2013. He oversees all investment functions including fixed income, equities, real estate, commercial mortgages as well as marketing and distribution.
David has over 30 years’ industry experience, with investment experience in both equities and bonds. He joined Canada Life Investments in November 2010 as Head of Securities having previously been Head of Global Equities at Insight Investment. David also held the role of Assistant General Manager at Equitable Life, where he had earlier been Head of Fixed Income and Head of Far Eastern Equities. David has a BA in Economics and Econometrics from Nottingham University and an MBA from City University.
Head of Multi-Asset
Craig joined Canada Life Investments in March 2004. He became Head of UK Equities in March 2010 and was most recently appointed Head of Multi-Asset in May 2018.
He previously managed income funds at Govett Investment Management Limited and prior to that worked at Deloitte Touche. Craig has a BSc in Mathematics from Warwick University. He is a Chartered Accountant and a CFA charterholder.
INVESTOR SERVICES AND DEALING TEAM
T: 0345 606 6180 (Mon-Fri, 08:30 - 17:30)
Dealing: Select Option 1
Enquiries: Select Option 2
Fax: 0113 224 6001
Please note that calls may be recorded for training and monitoring purposes
CANADA LIFE INVESTMENTS HEAD OFFICE
T: +44 (0)20 7415 6546