Real estate investment funds
Temporary suspension of Canada Life’s real estate investment fund fully lifted
Canada Life announced a temporary suspension of contributions to, transfers and redemptions from its Canadian real estate segregated fund, effective March 20, 2020, until market conditions have stabilized. This was done in the best interest of our investors, since there was material uncertainty in the valuation of the properties held by the fund.
We now have appropriate confidence in the valuation of the properties held by the fund and the fund’s cash levels to meet operational commitments.
Effective April 19, 2021, the suspension will be fully lifted and the fund will return to normal operations. That means you can continue to purchase units of the fund or request a transfer or redemption of the value of your fund units on a daily basis.
If you would like to contribute or transfer into the fund
If you would like to redeem or transfer from the fund
Current commentary and information about the fund are available in the Learn more section at the bottom of the GWL Realty Advisors websiteOpens a new website in a new window - Opens in a new window.
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This fund was fully suspended because of valuation uncertainty from March 20, 2020 to Jan. 11, 2021. Unit values and rates of return for that time period may not accurately reflect the market value of the properties held by the fund.