Equitable Life of Canada is adding six new balanced funds to enhance its segregated fund line-up, effective January 10.
“With increasingly volatile markets becoming more common, and many investors feeling the need to hold a slightly more conservative portfolio, Equitable Life’s six new balanced funds will enhance our segregated fund offering and cater to evolving investor sentiment,” says Blake Hill, assistant vice-president of savings and retirement at Waterloo, Ont.-based Equitable Life.
The six new funds include:
> Equitable Life Active Balanced ETF Portfolio;
> Equitable Life Acuity Diversified Income Fund;
> Equitable Life Dynamic Value Balanced Fund;
> Equitable Life Mackenzie Founder Income and Growth Fund;
> Equitable Life Mackenzie Saxon Balanced Fund; and
> Equitable Life Trimark Income Growth Fund.
Effective January 10, these funds will be available within both the new Pivotal Solutions and Pivotal Solutions DSC Contract and within existing Pivotal Solutions and Pivotal Solutions DSC Contracts issued prior to January 1. The funds will also be available within the Personal Investment Portfolio (PIP).
IE
Equitable Life introduces six new seg funds
Balanced funds aim to appeal to investors seeking a slightly more conservative portfolio
- By: IE Staff
- November 25, 2010 December 14, 2017
- 09:40