IFAs look for low risk answers

Intermediaries are increasingly looking for low-risk solutions for their client's equity portfolios, according to Canada Life International (CLI). The company has responded by adding three cautious funds to its offshore bond platform: the Gartmore Portfolio Cautious Strategy, the Framlington Monthly Income and the Canlife Defensive Managed. Gareth Maguire, marketing supervisor at CLI, said: "The funds were chosen by the investment committee after receiving requests from sales consultants for more low risk funds. These portfolios were chosen because their volatility levels were relativ...