Standard Life Mutual Funds Ltd. has expanded its product offering by launching two new funds, Standard Life Diversified Income Fund and Standard Life Canadian Equity Focus Fund, as well as a new F-series.
Standard Life Diversified Income Fund invests in a broad range of income-paying vehicles – both fixed income and equities – to ensure a well-diversified portfolio. The fund targets investors who seek a complement to their existing portfolio and who want a regular monthly income that is higher than traditional fixed income instruments.
For conservative investors who are looking for a value fund, Standard Life Canadian Equity Focus Fund invests in a limited number of Canadian companies that have been overlooked by the investor market and are considered undervalued.
In addition, Standard Life Canadian Dividend Growth and Standard Life Monthly Income Funds are now available as part of the new F-series at a management fee of 1%.
The new prospectus from Standard Life also includes Portrait Portfolio Funds, which target investors looking to deposit $10,000 or more. These four portfolios are matched to each investor’s financial goals and are regularly monitored and rebalanced to ensure they remain on track.