The LF Canlife Managed 20%-60% Fund is an actively managed fund of funds* that aims to generate long term capital growth by investing in a broad range of diversified portfolio assets, including global bonds and equities as well as UK commercial property. Whilst the fund can invest up to 60% in equities, the exposure to equities is normally no more than 55% of the value of the fund. *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 between the LF Canlife Managed 0%-35% Fund and the LF Canlife Balanced Fund.
Target allocations set at 25/04/2019
Co-Managers Craig Rippe, Head of Multi-Asset, and David Marchant, CIO, take an active approach with the main aim to achieve long term capital growth. The strategy is straightforward with the construction of a diversified portfolio consisting of a broad range of global assets, including global equities, government and corporate bonds and UK property. The Fund will typically hold at least 50% exposure to equities and property, providing constant exposure to growth assets throughout an economic cycle. Our 0%-35% and 20%-60% funds tend to hold more UK property investments than our peers because we believe this asset class is a good diversifier. 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 positioning and activity within each fund, but also enables them to keep the product costs down and focus on wider asset allocation decisions.
LONG TERM GROWTH AIM
INVESTING IN ACTIVE MANAGEMENT
The value of investments may fall as well as rise and investors may not get back the amount invested
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.
INVESTOR SERVICES AND DEALING TEAM
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CANADA LIFE INVESTMENTS HEAD OFFICE
T: +44 (0)20 7415 6546