Investors looking for a combination of long-term growth potential, income and tax-efficiency can now do so with Russell Investments Canada’s new LifePoints Balanced Portfolio.
The portfolio offers a 50-50 diversified balance of fixed income and equities. It also features a 6% distribution option, long-term growth potential, and tax efficient monthly cash flow.
“The LifePoints Balanced Portfolio is ideal for investors who want a moderate-risk, diversified investment that delivers long-term results,” says Sadiq Adatia, who manages the LifePoints Portfolios.
“In addition, we are giving investors the option to draw a tax-efficient monthly distribution if they so choose.”
The LifePoints Balanced Portfolio incorporates multi-asset, multi-style and multi-managers for greater risk control and diversification.
The new LifePoints Balanced Portfolio joins a diversified LifePoints line-up that already includes the:
- LifePoints Balanced Income Portfolio (35% Equity/65% Fixed Income);
- LifePoints Balanced Growth Portfolio (60% Equity/40% Fixed Income);
- LifePoints Long-Term Growth Portfolio (80% Equity/20% Fixed Income);
- LifePoints All Equity Portfolio (100% Equity/0% Fixed Income)
LifePoints is also available in three Target Date Portfolios: LifePoints 2010 Portfolio, LifePoints 2020 Portfolio, and LifePoints 2030 Portfolio.