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Access our carefully selected range of funds from some of the world’s best fund managers. As well as our popular Portfolio and Mixed Investment funds, we offer a wide range of funds to help you build a portfolio that reflects your needs and goals.
These funds are also called unit-linked funds and they work as a type of pooled investment. Your money is combined with other customers’ money to allow you to invest in a wider range of assets that you might otherwise be unable to invest in on your own.
Insured life funds can only be offered by insurance companies like us, so you’ll notice that the names of our insured funds start with Canlife for onshore funds or CLI for offshore funds.
Almost all of our insured funds aim to replicate the performance of an underlying fund by investing directly in that fund. The investment objectives of the Canada Life fund are consistent with those of the underlying fund, however the investment return may differ due to differences in charges and tax deductions between the two funds.
Most of our funds invest directly into one underlying fund (you can see this information on the fund factsheets). Some of our funds invest into a number of our other insured funds to provide the right asset allocation to achieve their objectives.
These insured funds are managed by our own specialist team, Canada Life Asset Management. With these funds, our own fund managers are responsible for the investment decisions.
These funds come from carefully selected fund management companies. With these funds, the external fund manager makes the investment decisions.
We monitor the funds we offer to check that they’re being managed as expected. Learn more about how we monitor fund performance.
Different products offer different groups of funds. The series lets you know which group of funds you can select from, as seen in the table below.
|Select Account||Life Series 5|
|Flexible Investment Bond (Level)||Life Series 4|
|Flexible Investment Bond (Deferred)||Life Series 3|
|Total Access Bond||Life Series 3|
|Offshore Savings Account||CLI|
See the latest fund performance in our monthly updates:
Flexible Investment Bond – Level (closed to new business)
Flexible Investment Bond - Deferred and Total Access Bond (both closed to new business)
To meet the Packaged Retail and Insurance-based Investment Products Regulations, we provide Key Information Documents for each of our investment bonds. You can find these on each product page.
For the Select Account, we also provide a fund guide which you can find at our fund centre.
As with any investment, the value can go down as well as up so you might get back less than you invest. Different investments have different levels of risk and past performance is no guide to future performance.
Get a tailored quote for our products from a financial adviser. To find one, visit Unbiased.
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