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London, ON, December 13, 2018 - In partnership with Mackenzie Investments, London Life is pleased to announce the launch of the London Life Constellation Managed Portfolios, an innovative goals-based managed asset program for Freedom 55 Financial advisors* and their clients.
Launching in select markets today, with a staggered national launch in 2019, this new program will align clients' investments with their financial priorities. Through a new and customer-focused digital tool, advisors will be able to:
- Help guide clients through the risk-assessment process and setup goal portfolios with an appropriate asset mix and funds
- Offer automated rebalancing for each goal
- Spend more time with customers and less time on the administration of their accounts
- Have a consolidated view of customers' household assets within the program
- Have access to real-time online reporting so clients can stay on-track with their financial goals"
We are excited to launch this unique and innovative program that will provide a personalized approach to investing," said Sam Sivarajan, Senior Vice-President, Wealth Solutions, Great-West Life, London Life and Canada Life. "Through Constellation, we are helping advisors redefine the way that they work with their clients to help them achieve their financial goals."
New mutual fund family – London Life Pathways
In addition to the new London Life Constellation Managed Portfolios, London Life and Mackenzie Investments also announced the launch of a new mutual fund family – the London Life Pathways Funds – which are offered exclusively through Quadrus Investment Services Ltd. These new mutual funds will focus on pure asset class mandates, helping advisors effectively build client portfolios and stay true to their asset allocation strategies in order to meet their clients' investment needs.
"Mackenzie Investments has enjoyed a strong and multi-faceted partnership with London Life for over 25 years," said Barry McInerney, President and CEO, Mackenzie Investments. "We are eager to once again work together and bring new offerings to market, helping Canadians realize their financial goals."
These funds will be managed by world-class institutional investment managers, three of which are exclusive to the London Life Pathways Funds, and will also form the building blocks for all of the London Life Constellation Managed Portfolios.
The following London Life Pathways Funds will be available through Quadrus Investment Services Limited: