Canada Life acquires Investment Planning Counsel – a leading independent wealth management firm – from IGM Financial
Acquisition aligns with Canada Life’s vision to establish a leadership position in the Canadian independent advisor wealth market.
News and highlights
Canada Life Investment Management Ltd. announces management fee reductions for certain Canada Life Mutual Funds
November 10, 2021
Winnipeg, MB, November 10, 2021. . . Canada Life Investment Management Ltd. (CLIML) today announced the reduction of the management fee to certain series of the Canada Life Canadian Income Fund and the Canada Life Pathways Emerging Markets Equity Fund.
The following changes are effective on or about November 18, 2021:
| Fund | Affected series | Current management fee | New management fee |
|---|---|---|---|
| Canada Life Canadian Income Fund | QFW, QFW5, FW, FW5 | 0.75 per cent | 0.65 per cent |
| Canada Life Pathways Emerging Markets Equity Fund | QFW, FW | 0.95 per cent | 0.90 per cent |
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the relevant prospectus before investing. Mutual Funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.
Canada Life Mutual Funds, Canada Life and design are trademarks of The Canada Life Assurance Company
About Canada Life Investment Management Ltd. (CLIML)
CLIML is the investment fund management subsidiary of The Canada Life Assurance Company, a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.
On January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 12 million customer relationships from coast to coast to coast.
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For more information contact:
Liz Kulyk
Assistant Vice-President, Media & Public Affairs
The Canada Life Assurance Company
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Media.Relations@canadalife.com
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