Canada Life Investments has launched a monthly income, multi-asset fund to tap into rising demand for income drawdown solutions chosen by investors as they increasingly take control of their retirement savings.
The LF Canlife Diversified Monthly Income fund was launched today (1 July) and will be managed by Craig Rippe, head of multi-asset at Canada Life Investments. The fund will invest in global company shares, international government and corporate bonds as well as property, the firm said. Rippe added the broad range of securities will "provide well-supported and growing distributions together with prospects for capital preservation and growth". The fund aims to provide income on a monthly basis alongside long-term growth by pursuing what the managers deem to be the most attractive inc...
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