Segregated fund

Sun Life Global Investments and B2B Bank announce agreement to offer RRSP loans for Sun GIF Solutions

Retrieved on: 
Friday, October 14, 2022
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TORONTO, Oct. 14, 2022 /CNW/ - Today, Sun Life Global Investments announced the launch of a new partnership with B2B Bank, a wholly owned subsidiary of Laurentian Bank, to offer Sun Life Global Investments' Clients registered retirement savings plan (RRSP) loans.

Key Points: 
  • TORONTO, Oct. 14, 2022 /CNW/ - Today, Sun Life Global Investments announced the launch of a new partnership with B2B Bank, a wholly owned subsidiary of Laurentian Bank, to offer Sun Life Global Investments' Clients registered retirement savings plan (RRSP) loans.
  • In partnership with B2B Bank, Sun Life Global Investments' will offer new RRSP loans for its Sun Guaranteed Investment Fund (GIF) Solutions, one of Sun Life Global Investments' segregated fund contract options.
  • Sun Life Global Investments is committed to helping Canadians save for retirement by providing innovative solutions that can help mitigate financial stressors and manage risk.
  • The new Sun GIF Solutions RRSP loan program available as of October 13, 2022, combines Sun Life Global Investments' strong risk-management culture with B2B Bank's long-standing history of investment lending expertise.

IFIC Makes Submission to CSA on Total Cost Reporting Consultation

Retrieved on: 
Wednesday, July 27, 2022
Association, LLP, Segregated fund, Time, CRM2, IFIC, GLOBE, PricewaterhouseCoopers, FER, Human, Industry, CEO, CSA, Risk, Research report, Organization, Mutual Fund Dealers Association, Total cost, Investment, Annual report, Comment, Risk management, Renewable energy

TORONTO, July 27, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today made its submission to the Canadian Securities Administrators (CSA) in response to the CSA and Canadian Council of Insurance Regulators Joint Notice and Request for Comment related to Total Cost Reporting for Investment Funds and Segregated Funds.

Key Points: 
  • TORONTO, July 27, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today made its submission to the Canadian Securities Administrators (CSA) in response to the CSA and Canadian Council of Insurance Regulators Joint Notice and Request for Comment related to Total Cost Reporting for Investment Funds and Segregated Funds.
  • IFIC prefaced its submission by reiterating that it has supported expanded cost reporting to investors since 2017, shortly after the implementation of CRM2.
  • This position was also outlined in IFICs 2018 submission to the Mutual Fund Dealers Association of Canada.
  • In its submission, IFIC recommended against the proposed inclusion of a fund expense ratio (FER) in quarterly client account statements.

One-third of older Canadians accelerate retirement, while expenses and purchasing power remains top concern: RBC Insurance

Retrieved on: 
Tuesday, May 10, 2022
Loneliness, Population, Insurance, Travel, Royal Bank, RBC, Royal Bank of Canada, TFSA, GIF, Retirement, Health, Ageing, Solution, Segregated fund, Transport, Life insurance, Ipsos

"The events of the last two years are clearly affecting Canadians including those nearing retirement," says Selene Soo, Director, Wealth Insurance, RBC Insurance.

Key Points: 
  • "The events of the last two years are clearly affecting Canadians including those nearing retirement," says Selene Soo, Director, Wealth Insurance, RBC Insurance.
  • "And with the current high inflation rate added to the mix, many are feeling concerned about their purchasing power and increasing expenses.
  • What people must remember is they can take control good planning is critical in driving confidence around their future finances."
  • RBC Insurance is among the largest Canadian bank-owned insurance organizations, with approximately 2,800 employees who serve more than five million clients globally.

Empire Life Investments appoints Ian Fung, Portfolio Manager, Fixed Income

Retrieved on: 
Friday, March 26, 2021
Empire Life, Segregated fund, Investment fund, Finance, Financial services, IA Clarington Investments, Virtus Investment Partners

TORONTO, March 26, 2021 /CNW/ - Empire Life Investments Inc. today announced the appointment of Ian Fung, CFA, as Portfolio Manager, Fixed Income.

Key Points: 
  • TORONTO, March 26, 2021 /CNW/ - Empire Life Investments Inc. today announced the appointment of Ian Fung, CFA, as Portfolio Manager, Fixed Income.
  • Ian will be the lead portfolio manager on the Empire Life Bond GIF*, as well as the fixed income portion of the Empire Life Emblem Portfolios.
  • Empire Life Investments Inc. is a wholly-owned subsidiary of The Empire Life Insurance Company.
  • The company manages and offers mutual funds and is the portfolio manager of the Empire Life segregated funds, including the Empire Life Guaranteed Investment Funds.

Empire Life Investments Inc. announces changes in risk ratings of certain funds

Retrieved on: 
Thursday, February 4, 2021
Empire Life, Segregated fund, Finance, Financial services, RiverSource, IA Clarington Investments

These changes are the result of an annual review, and are not results of any changes to the investment objectives, strategies or management of the funds.

Key Points: 
  • These changes are the result of an annual review, and are not results of any changes to the investment objectives, strategies or management of the funds.
  • Established in 1923, Empire Life is a subsidiary of E-L Financial Corporation Limited.
  • Empire Life Investments Inc. (ELII) is a wholly-owned subsidiary of The Empire Life Insurance Company.
  • The company manages and offers mutual funds and is the portfolio manager of the Empire Life segregated funds.Follow Empire Life Investments Inc. on Twitter @EmpireLifeInv or visitwww.empirelifeinvestments.cafor more information.

Empire Life announces new strategic collaboration to deliver segregated funds to World Financial Group's Canadian customers

Retrieved on: 
Thursday, January 21, 2021
Empire Life, Types of insurance, Segregated fund, World Financial Group, Life insurance, Service companies, Financial services, Finance

KINGSTON, ON, Jan. 21, 2021 The Empire Life Insurance Company ("Empire Life") (TSX: EML.PR.A) today announced a strategic collaboration with Canoe Financial ("Canoe"), to deliver a new segregated fund product that will be sold exclusively to World Financial Group ("WFG") Canadian customers.

Key Points: 
  • KINGSTON, ON, Jan. 21, 2021 The Empire Life Insurance Company ("Empire Life") (TSX: EML.PR.A) today announced a strategic collaboration with Canoe Financial ("Canoe"), to deliver a new segregated fund product that will be sold exclusively to World Financial Group ("WFG") Canadian customers.
  • "Empire Life is very excited to announce the launch of this strategic collaboration and new segregated fund product," says Mark Sylvia, President and CEO of Empire Life.
  • We are eager to collaborate with Empire Life to deliver segregated products via this innovative platform."
  • Easy., and the Empire Life logo are registered trademarks of The Empire Life Insurance Company.

Empire Life Investments Acquires Shares of CES Energy Solutions Corp

Retrieved on: 
Thursday, January 14, 2021
Empire Life, Segregated fund

TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Empire Life Investments Inc. (ELII) announced that it has filed an early warning report with respect to the acquisition of common shares of CES Energy Solutions Corp. (the Issuer) held by certain funds managed by ELII.

Key Points: 
  • TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Empire Life Investments Inc. (ELII) announced that it has filed an early warning report with respect to the acquisition of common shares of CES Energy Solutions Corp. (the Issuer) held by certain funds managed by ELII.
  • Empire Life Investments Inc. (ELII) is a wholly-owned subsidiary of The Empire Life Insurance Company.
  • The company manages and offers mutual funds and is the portfolio manager of the Empire Life segregated funds.
  • Follow Empire Life Investments Inc. on Twitter @EmpireLifeInv or visit www.empirelifeinvestments.ca for more information.

Purpose Investments Inc. Announces 2020 Third Quarter Distributions for Purpose Specialty Lending Trust

Retrieved on: 
Wednesday, September 30, 2020
Finance, Money, Investment management, Investment fund, Insurance, Deposit insurance, Management fee, Segregated fund, Life insurance

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments.

Key Points: 
  • Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments.
  • Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.
  • There can be no assurance that the full amount of your investment in a fund will be returned to you.
  • Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Canada Life announces launch of new mutual fund shelf

Retrieved on: 
Thursday, August 20, 2020
Finance, Companies of Canada, Mackenzie Investments, Great-West Lifeco, Investment, Segregated fund, Mutual fund, Canada Life

WINNIPEG, MB, Aug. 20, 2020 /CNW/ - Canada Life and Mackenzie Investments today announced the launch of the newly rebranded Canada Life mutual fund shelf, Canada Life Mutual Funds.

Key Points: 
  • WINNIPEG, MB, Aug. 20, 2020 /CNW/ - Canada Life and Mackenzie Investments today announced the launch of the newly rebranded Canada Life mutual fund shelf, Canada Life Mutual Funds.
  • Canada Life Mutual Funds are managed by Mackenzie Investments and will be exclusively available through Quadrus Investment Services Ltd., a subsidiary of Canada Life.
  • The new shelf will be more closely aligned to Canada Life's segregated fund shelf, creating more cohesion between the two shelves.
  • As of January 1, 2020, Great-West Life, London Life and Canada Life became one company Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.

Canada Life bolsters segregated fund offering with nine new global segregated funds

Retrieved on: 
Monday, May 11, 2020
Economy, Finance, Money, Segregated fund, Investment fund, Investment management

WINNIPEG, May 11, 2020 /CNW/ -Canada Life today announced that it's strengthening its segregated fund shelf by adding nine new global funds.

Key Points: 
  • WINNIPEG, May 11, 2020 /CNW/ -Canada Life today announced that it's strengthening its segregated fund shelf by adding nine new global funds.
  • These new funds leverage strong global investment competencies of some of the world's largest investment fund managers, and capitalize on opportunities outside of Canada, offering customers' portfolios more diversification and stable returns throughout a full market cycle.
  • "Last fall, we took the best-of-the-best segregated fund mandates from Great-West Life, London Life and Canada Life to create a stronger Canada Life shelf that provides solutions designed to perform across a full market cycle," said Paul Orlander, Executive Vice-President, Individual Customer, Canada Life.
  • The following segregated funds will be added to the Canada Life segregated fund shelf, effective immediately: