The Retirement Account - Protected Fund

Stock markets can be volatile which can be damaging for those seeking to take income during their retirement, especially when negative performance happens during the early years. The Retirement Account offers a protected fund that is designed so that its unit price never falls below 80%* of the highest unit price the fund has ever achieved:

Canlife Index Managed (80% Protected) Fund

This cushioning against major falls in the value of their money enables investors to be more confident in managing retirement income.

Exclusively available to The Retirement Account, this fund has 3 important features:

  1. The unit price can never fall below 80% of the highest unit price the fund has ever achieved.
  2. It has a built-in volatility control mechanism to smooth returns across retirement.
  3. It does not suffer from ‘cash-lock’ like most protected funds

Combining these three components means that the fund can play a valuable role in a drawdown portfolio and is an ideal source of income to fund important expenses. However, in a rising or recovering market, the fund performance will lag that of an unprotected fund as there is a charge for protection. 

Daily fund report - Index Managed (80% Protected) Fund

Fund Research Centre

All Retirement Account fund information is now available on the Fund Research Centre (built in conjunction with Morningstar). You can:

  • Access fund factsheets and daily unit prices
  • Search and segment using a range of factors such as fund sector, asset class and cost
  • Evaluate past performance
  • Compare up to five investments using a variety of user-defined factors
  • Use the Morningstar X-ray tool to provide information on a multi-investment portfolio and assess how asset allocation is diversified by region, sector and style.

About the Protected Fund

How the Protected Fund works

* The protection is not guaranteed. The protection is provided by Morgan Stanley.  If this company becomes insolvent the protection could fail.

Past performance is not a reliable indicator of future results. The value of investments may go down as well as up. Taking income or withdrawals in excess of fund growth may result in the fund running out quicker than expected. Inflation will reduce how much the Fund is worth in real terms and inflation will reduce how much your income is worth over the years. It is essential to seek advice from a suitably qualified adviser. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.

 

Useful links

The Retirement Account Dashboard
The Retirement Account
The Retirement Account Funds
Related Documents

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 and the Prudential Regulation Authority.