Please note the M&G funds are priced as at 06/12/18 and will be updated on the 11/12/18 due to no price being issued.
We have rebranded Retirement Advantage products as Canada Life. Visit our Retirement Account and Home Finance pages.
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Risk-profiled

Canlife Managed (0%-35% Shares) Fund

 

The Fund aims to deliver long-term capital growth and income through a diversified portfolio of UK income-generating assets; namely UK bonds, equities and direct property.

How the Fund is managed

The Fund Manager seeks to construct a diversified portfolio, allocating across a broad range of UK assets, exhibiting low volatility, which delivers reasonably steady growth and income over a cycle. This Fund is all about dampening down risk and fluctuations for investors, therefore we take no direct foreign exchange risk, only investing in sterling denominated assets.

Fund Overview

At all times we seek a diversified portfolio including income-orientated equities and property as well as government and corporate bonds. We continually look to focus on assets providing a competitive yield and our fixed income allocation provides stability and income, with short duration bonds helping to cushion against any increase in interest rates.

 

Balancing performance and volatility

As the Fund invests in a blend of assets, it has demonstrated relatively low volatility; this is mainly due to the fact that fixed income securities and equities often move in opposite directions which can mean they cancel each other out and deliver lower levels of volatility.

Based on standard deviation figures, the 'Canlife Managed (0%-35% Shares) Fund' is lower risk than the average UK Gilt fund.

At the same time as seeking to manage volatility we also look to deliver growth and the chart and tables below shows how the Canlife Managed (0%-35% Shares) Fund volatility and performance compare favorably to the sector average.

  A Canlife Managed (0% - 35% Shares) LS5 in GB [27.43%]

  B ABI Mixed Investment (0% - 35% Shares) TR in GB [14.72%]

Cumulative Performance to last month end (31/10/2018)
 

1 year

3 years

5 years

Canlife Managed (0%-35% Shares) LS5

0.92%

11.49%

27.43%

Discrete performance to last quarter end
 

30/09/2017 -

30/09/2018

30/09/2016 -

30/09/2017

30/09/2015 -

30/09/2016

30/09/2014 -

30/09/2015

30/09/2013 -

30/09/2014

Canlife Managed (0%-35% Shares) LS5

2.9%

3.0%

7.9%

7.5%

7.4%

Asset allocation

Our focus on creating a diversified portfolio of income-generating assets, which provide a competitive yield, can be seen through our top-holdings:

Top Holdings (as at 28/09/18) %
Canlife UK Equity Income Fund 28.0%
Canlife Fixed Interest Fund 19.0%
Canlife UK Property Fund 18.9%
Canlife Corporate Bond Fund 18.8%
Canlife Short Duration Corporate Bond Fund 15.4%

Source: FE Analytics. Life series 5 fund, bid to bid, income re-invested.

Past performance is not a guide for the future and you may get back less than you invested.

Fund information


  • Launch date - 11 Sep 2013
  • Currency - Sterling
  • ABI Sector - Mixed Investment 0%-35% Shares
  • ISIN Code - GB00BBMJ9T33
  • Sedol Code - BBMJ9T3

Fund Management Team


David Marchant
Chief Investment Officer, Canada Life Limited & Managing Director, Canada Life Asset Management Limited David Marchant
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.

Craig Rippe
Head of Multi-Asset
CRAIG RIPPE
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.

This website is for UK professional advisers only and is not approved for use by private customers.

Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Canada Life International Limited and CLI Institutional Limited are Isle of Man registered companies authorised and regulated by the Isle of Man Financial Services Authority.

Canada Life International Assurance (Ireland) DAC is authorised and regulated by the Central Bank of Ireland.

Stonehaven UK Limited and MGM Advantage Life Limited, trading as Canada Life, are subsidiaries of The Canada Life Group (U.K.) Limited. Stonehaven UK Ltd is authorised and regulated by the Financial Conduct Authority. MGM Advantage Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority.