Winnipeg-based Great-West Life Assurance Co. added 12 new funds to its group retirement plan selection on Thursday.<\/p>\n

Four of the new funds are unique to the group retirement industry, according to Great-West Life, in that they are multi-manager asset class funds providing group plan members with more diversification within a fund.<\/p>\n

The four funds include:<\/p>\n

\n
• Harmonized Fixed Income Fund<\/li>\n
• Harmonized Canadian Equity Fund<\/li>\n
• Harmonized Foreign Equity Fund<\/li>\n
• Harmonized Special Equity Fund<\/li>\n<\/ul>\n

  The funds are meant to simplify investment options for employees who might feel overwhelmed in having to select several different funds, states Great-West Life, and also to streamline investment choices for employers offering defined contribution plans.<\/p>\n

  Great-West Life also launched eight new fixed-income and equity funds for group plan members who want more control over investment decisions in their plans.<\/p>\n

  The new income funds are as follows:<\/p>\n

  \n
  • Canadian Short Term Bond Fund<\/li>\n
  • Corporate Bond Fund<\/li>\n
  • Real Return Bond Fund<\/li>\n
  • North American High Yield Bond Fund<\/li>\n<\/ul>\n

    The four new equity funds include:<\/p>\n

    \n
    • Global Equity Fund<\/li>\n
    • International Equity Fund<\/li>\n
    • Global Infrastructure Equity Fund<\/li>\n
    • U.S. Registered Index Fund<\/li>\n<\/ul>\n

      Great-West Life is a unit of Great-West Lifeco Inc. (TSX:GWO<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

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