Canada Life International (CLI) will expand its internal fund range, launching five new funds from Fortis Investments.
The Isle of Man based company is the first offshore provider to have a formal link in place with a suite of capital protected funds from Fortis, each with a different maturity date. The first of the funds to mature will be the CLI Fortis Protected Lifestyle 2015 fund, while the remaining four funds will reach maturity in 2020, 2025, 2030 and 2035. The funds will be available through CLI’s Delta Account, a single premium plan and the Flexible Life Plan, a whole of life contract, as well as the Offshore Savings Account, a regular premium plan. Canada Life says the funds have been introdu...
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