The LF Canlife Managed 20%-60% Fund is an actively managed fund that aims primarily to generate long term (in excess of five years) capital growth by investing in a broad range of diversified portfolio assets. It is a fund of funds that offers exposure to domestic and overseas bonds and equities as well as UK commercial property.
The chart below demonstrates how the fund sits between the LF Canlife Managed 0%-35% and the LF Canlife Balanced Fund.
The Managers – Craig Rippe, Head of Multi-Asset, and David Marchant, CIO, take an active approach with an aim to achieving long term (in excess of five years) capital growth.
The strategy is straightforward – they seek to construct a diversified portfolio consisting of a broad range of global assets to provide growth over an economic cycle. Assets include UK and global equities, government and corporate bonds and UK property. Exposure to equities is maintained within the range 20% to 60%.
LONG TERM GROWTH
Whilst maintaining a diversified portfolio, the Fund will always hold at least 50% exposure to equities and property, providing constant exposure to growth assets through the economic cycle.
The Fund benefits from an active asset allocation strategy into a diverse range of asset classes enabling the Managers to mitigate asset-specific risk.
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 focus on wider asset allocation decisions and to keep the product costs down.
1Estimated OCF. 2Minimum investments only apply when investing directly with Canada Life Investments
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.
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.
Interested in this fund and would like to find out more?
Contact our team who will be happy to answer any questions you may have about this fund.
+44 (0)20 7415 6490
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 6490