Toronto-based Quadrus Investment Services Ltd. announced on Friday that it has launched a new family of low-volatility equity mutual funds, which include Global Low Volatility, Canadian Low Volatility Class and U.S. Low Volatility.
“These low-volatility funds were designed specifically to help reduce the overall risk of the investor’s portfolio and, in doing so, to provide downside protection while still retaining meaningful upside potential,” says George Turpie, senior vice president, investment products, wealth-management with Quadrus, in a statement.
The funds were developed for clients who are conservative and reluctant to be in the stock market, as well as for pre-retirees who seek relatively high returns but with lower risks, he says.
Quadrus has also added additional mandates to its offerings in balanced and fixed-income, including Diversified Fixed Income Folio, a multi-asset fixed-income fund, as well as two five-star rated funds, Mackenzie Ivy Foreign Equity Fund and Mackenzie Ivy Global Balanced fund.
Quadrus also announced the lowering of management fees on 22 funds and a new fee rebate program that starts when a client has $100,000 invested. The company will also distribute a new fee-based fund series (QF Series).
Toronto-based Mackenzie Financial Corp., a subsidiary of Winnipeg-based IGM Financial Inc., manages the Quadrus family of funds. The funds are distributed exclusively through Quadrus, one of the largest mutual fund dealers in Canada and a member of the Great-West Lifeco Inc. group of companies.
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